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Judicial Powers vs. Statutory Deadlines: Can High Courts Extend Due Dates under Income Tax

Navasree A.M

The income tax system in India is organized around tough statutory deadlines. While the Central Board of Direct Taxes ( CBDT ) notifies statutory...

GST Registration Cannot Be Cancelled Retrospectively Unless Specifically Mentioned in SCN: Andhra...

Disallowance of ₹2.26 Lakh Bonus as Dividend Due to Audit Report Error: ITAT Deletes Addition Based...

[BREAKING] ICAI likely to move CBDT addressing Income Tax Portal Glitches hampering work of CAs and...

GST Credit Note on Returned Goods: Applicable Rate is Original Invoice Rate, not the Revised One

ITAT Dismisses Cooperative Society Appeal as Withdrawn, Grants Liberty to File Fresh Appeal if S.119(2)(b) Petition is Rejected [Read Order]

The Kolkata Bench of Income Tax Appellate Tribunal ( ITAT ) dismisses the appeal of the assessee as withdrawn and grants liberty to file a fresh appeal if the section 119(2)(b) of Income Tax...

FinMin Issues 3 Customs Notifications: Revises Duty Rate, Expands Defence Exemptions, and Extends IGST Relief [Read Notification]

The Ministry of Finance (Department of Revenue) on 17 September 2025 issued three separate notifications: Notification No. 36/2025-Customs (G.S.R. 643(E)), Notification No. 37/2025-Customs (G.S.R. ...

Section 12B of Central Excise Act and Rule 7 in applicable when Provisional assessment is made: Karnataka HC upholds CESTAT ruling in favour of J K Tyre Industries [Read Order]

In a recent case, the Karnataka High Court upheld the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) ruling in favour of J K Tyre Industries and section 12B of Central Excise Act, 1944...

IREO MD Lalit Goyal Already Went to US and Returned: Punjab & Haryana HC Dismisses ED’s PMLA Travel-Ban Petition as Infructuous [Read Order]

The Punjab and Haryana High Court recently dismissed as infructuous a petition filed by the Enforcement Directorate (ED) seeking to prevent Lalit Goyal, the arraigned Managing Director of IREO...

Co-op Society Seeks Unblocking/Defreezing of Fixed Deposits to Pay Income Tax Dues: Uttarakhand HC Leaves Decision to Registrar [Read Order]

The Uttarakhand High Court was recently met with a case filed by a petitioner co-operative society seeking unblocking of its fixed deposits to enable payment of its Income Tax dues to the...

Non Refund of excess Consent charges paid to BDA: Orissa HC directs to allow Refund based on report of Approved Valuer of Income Tax Dept [Read Order]

The Calcutta High Court in a case relating to non- refund of excess consent charges paid to Bhubaneswar Development Authority(BDA) and directed to allow refund based on the report of the approved ...

Pamphlets and Photos of Charity Camps Insufficient to Establish Charity: ITAT Denies S.80G Approval, Holds Trust’s Hospital Runs Commercially [Read Order]

The Income Tax Appellate Tribunal ( ITAT ), Chandigarh Bench, has dismissed the appeal of an assessee trust seeking approval under Section 80G(5)(iii) of the Income Tax Act, 1961, holding that the...