Summaries of the latest case law updates, curated for Indian businesses, startups, and compliance professionals.
Case Law Updates
Showing 34 recent updates in this category.
ITAT Rajkot quashes Section 147 reassessment based on third-party search material and deletes consequential Section 271(1)(c) penalty. The post ITAT Rajkot Quashes Reassessment Based on Third-Party Se…
ITAT Surat allowed Nehrunagar housing society’s appeal, following precedent on Section 80P(2)(d) deduction for co-operative bank interest. The post Co-operative Bank Interest Deduction Allowed Under S…
ITAT Surat allows Section 80P(2)(d) deduction on co-operative housing society’s interest from Surat District Cooperative Bank. The post Co-operative Bank FD Interest Eligible for Section 80P(2)(d) Ded…
NCLAT upheld reversal of Bank of Baroda’s post-CIRP appropriation of fixed-deposit margin money during the Section 14 IBC moratorium. The post FD Margin Money Appropriated After IBC Moratorium Must Be…
ITAT Rajkot quashes Section 263 revision as deduction on co-operative bank interest under Section 80P represented a permissible assessment view. The post PCIT Cannot Revise Assessment Merely for Diffe…
Madras High Court upheld CENVAT credit on cement and steel materials used in constructing a dry-process cement manufacturing plant. The post CENVAT Credit on Steel and Cement Used in Manufacturing Pla…
GSTAT Lucknow upheld ₹94.18 lakh GST demand on Ghamella, treating January 2018 amendments as clarificatory and sustaining equivalent penalty. The post Ghamella (Tasla) Attracts 18% GST Since July 2017…
Supreme Court dismisses textile cess appeal, holding job-work bleaching and dyeing of handloom and powerloom fabrics is not manufacture under Section 5A. The post Job-Work Dyeing of Powerloom Fabrics…
Gujarat HC upheld SION E22 for liquid glucose made from starch slurry and dismissed Customs’ appeal against DFIA relief, finding no substantial question of law. The post Starch Slurry Qualifies Under…
Delhi HC quashed a GST SCN and consequential order as internal upload and a portal glitch could not cure issuance beyond Section 73(2) limitation. The post GST Show Cause Notice Uploaded After Limitat…
Delhi HC dismissed service-tax appeals below ₹2 crore, rejecting cascading-effect and recurring-issue arguments while keeping substantial questions open. The post Cascading Effects Cannot Override ₹2…
ITAT Kolkata quashed section 263 revision over a ₹5.65 crore COVID-19 relief payment, finding prior AO enquiry and no established specified-person benefit. The post Unproved Specified-Person Benefit C…
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