Taxscan | Simplifying Tax Laws

Madras High Court - Income Tax Penalty - Actor Vijay - Limitation Period - Tax Penalty Case - Actor Vijay income tax case - taxscan

Madras HC Upholds ₹1.5 Crore Income Tax Penalty on Actor Vijay, Holds Notice issued within Limitation Period

In a recent ruling, the Madras High Court upheld a Rs. 1.50 crore income tax penalty imposed on actor-turned-politician Vijay, and held that the...

Madras HC Upholds ₹1.5 Crore Income Tax Penalty on Actor Vijay, Holds Notice issued within Limitation Period

Legal Rep Cannot Raise New Defence Not Taken By Deceased Borrower: DRAT Upholds Rejection of...

DRT Dismisses Appeal due to Non‑Compliance with Pre‑Deposit: DRAT Remands Matter to Examine ₹3.71...

Political Donation Deduction Cannot be Denied on General Presumptions Alone: ITAT allows S. 80GGC...

Selective Comparison of Expense Heads across AYs Cannot Justify Disallowance without Evidence: ITAT...

Budget 2026: Five-Year Tax Break for NRI Supplying Capital Goods to Small Manufacturers [Read...

Budget 2026-27 LIVE: FM proposes to Exempt BCD on Capital goods Imports for Processing Critical...

Budget 2026: Buybacks to Be Taxed as Capital Gains; Higher Tax for Promoters

Revised ITR Filing to Be Allowed from Dec 31 to March 31 with Nominal Fee: FM in Budget 2026

Passport Authority Can’t Refuse Renewal to GST Arrest Accused out on Bail when Trial Court NOC Exists: Delhi HC Directs Passport Renewal [Read Order]

Gauhati HC allows Defaulting GST Firm to Seek Revocation of Cancelled Registration, Orders Bank Accounts Defreezing Subject to Security [Read Order]

Uttarakhand HC allows Taxpayer to Seek Revocation of GST Registration Cancelled for Non-Filing of Returns [Read Order]

Andhra Pradesh HC Holds Transfer of Business as Going Concern Not Taxable under GST, Sets Aside AAAR Ruling [Read Order]

Omission of IGST Section 13(8)(b): How Budget 2026 Resets Taxation of Intermediary Services

Madras HC Upholds ₹1.5 Crore Income Tax Penalty on Actor Vijay, Holds Notice issued within Limitation Period

Political Donation Deduction Cannot be Denied on General Presumptions Alone: ITAT allows S. 80GGC...

Selective Comparison of Expense Heads across AYs Cannot Justify Disallowance without Evidence: ITAT...

Reimbursement of Expenses Requires Fresh Examination before Treating as International Transaction:...

Charitable Trust’s Income Tax Exemption Disallowed by CPC without Prior Intimation: ITAT Restores...

Service Tax Exemption Limited to PGP and not to PGPPM, PGPEM, and EPGP Courses: SC Dismisses Revenue’s Delayed Appeal Against IIM [Read Order]

CESTAT allows Service Tax Refund for Nokia, Denial on Rent-a-Cab, Outdoor Catering & Security Services Set Aside [Read Order]

VAT paid on Sale of Copyright of ‘Kolangal’ Dubbed Serials: CESTAT Quashes Service Tax Demand on Ananda Vikatan [Read Order]

Service Tax Exemption for Non-Commercial Govt Buildings: CESTAT Remands Matter for Fresh Verification of Documents Under Notification [Read Order]

Bona Fide Belief Bars Extended Limitation u/s 73: CESTAT Quashes ₹3.72 Lakh Service Tax Demand [Read Order]

FinMin Revises Customs Tariff Values for Gold and Silver [Read Notification]

Clandestine Removal Proven Through Private Diary & S.14 Admissions: CESTAT Upholds Excise Duty and Penalty on Tobacco Manufacturer [Read Order]

Service Tax Demand on Amount Received for Modernisation and Upgradation of Sugar Mills Found Unsustainable: CESTAT Allows Appeal [Read Order]

CESTAT Sets Aside Rs.57.96 Lakh Demand in Bharat Sanchar Nigam Ltd. Appeal, Holds CENVAT Credit on Telecom Towers and Pre-fabricated Buildings Cannot Be Denied [Read Order]

Member-Only Services by Cooperative Society Not Taxable under Service Tax: CESTAT Applies Doctrine of Mutuality [Read Order]

CBIC Releases FAQs on Newly Introduced Customs Reforms under Finance Bill, 2026 [Read FAQs]

Finance Bill, 2026: Proposed Amendments in the Customs Act, 1962 to Extend Validity of Customs Advance Rulings [Read Finance Bill 2026]

Guarantors Misused Moratorium to Stall SARFAESI Recovery: NCLAT Upholds Dismissal of Repeat S. 94 Petitions [Read Order]

Section 7 IBC Threshold of 100 or 10% Allottees Applies at Filing Stage: NCLAT allows Homebuyers’...

₹28.5 Lakh Fraudulent Trading Liability on Suspended Directors u/s 66 IBC Set Aside: NCLAT [Read...

CIRP Application Time Barred By Limitation Cannot Be Revived By Issuing Demand Notice u/s 8 IBC:...

Related Party Nexus Between Financial Creditor and Corporate Debtor Pierces Corporate Veil: NCLAT...

Budget 2026 proposes Major Corporate Tax Changes: Govt. to Revamp MAT Framework [Read Finance Bill...

Supreme Court Sets Aside HC Direction to CBDT to Modify Software for Automatic TDS Demand Relief...

E-Way Bill System Under GST: Know Penalties and Consequences of Non-Compliance

Auditing Cryptocurrency? know the basics and How to Report It

Service Tax Not Payable on liquidated damages collected from supplier on account of non-performance of the contracts: CESTAT [Read Order]

55th GST Council Meeting Recommendations: All You Need to Know

GST on Intermediary Services- Gamut of Clarifications and Litigations!!

Why and How Political Parties Get Income Tax Exemption?

How can Freelancers manage their Income by Optimising Income Tax?

Top Global Accounting Scandals Impacted Reputation of Big Accounting Firms

Guarantors Misused Moratorium to Stall SARFAESI Recovery: NCLAT Upholds Dismissal of Repeat S. 94 Petitions [Read Order]

Section 7 IBC Threshold of 100 or 10% Allottees Applies at Filing Stage: NCLAT allows Homebuyers’...

₹28.5 Lakh Fraudulent Trading Liability on Suspended Directors u/s 66 IBC Set Aside: NCLAT [Read...

CIRP Application Time Barred By Limitation Cannot Be Revived By Issuing Demand Notice u/s 8 IBC:...

Related Party Nexus Between Financial Creditor and Corporate Debtor Pierces Corporate Veil: NCLAT...

Legal Rep Cannot Raise New Defence Not Taken By Deceased Borrower: DRAT Upholds Rejection of Non-Supply of OA Paper Book Plea

DRT Dismisses Appeal due to Non‑Compliance with Pre‑Deposit: DRAT Remands Matter to Examine ₹3.71 Crore Deposit u/s 30 RDB Act [Read Order]

Order Rejecting the Application is Bereft of Reason: Orissa HC sets aside Rejection of Application filed u/s 161 [Read Order]

BCI clarifies Non-Recognition of Evening, Part-Time, Online LLB Degrees acquired since 2000-01 Academic Year

Stakeholders Show Unwillingness to Mediation: DRAT Directs DRT to Expedite Hearing of Securitisation Application [Read Order]

Truecaller Hiring Finance Professional

CA, MBA Vacancy at Citi

Amazon Hiring CA Intermediate Students

B. Com, MBA Vacancy in ABB

Get news delivered to your in-box. Subscribe to our newsletter.