Government Contractors Are Entitled to Reimbursement of Additional Differential GST Arising From Tax Regime Change

By | August 15, 2026

Government Contractors Are Entitled to Reimbursement of Additional Differential GST Arising From Tax Regime Change Government Contractors Are Entitled to Reimbursement of Additional Differential GST Arising From Tax Regime Change Issue Whether a government civil contractor who paid additional differential GST arising from the transition from VAT to GST on an ongoing works contract is… Read More »

INCOME TAX CASE LAWS 14.08.2026

By | August 15, 2026

INCOME TAX CASE LAWS 14.08.2026 Relevant Act Section / Rule Case Law Title Citation Brief Summary Income-tax Act, 1961 Section 9 DCIT (IT) v. Standard Chartered Bank Click Here Reimbursed expatriate salary paid initially by overseas HO for Indian PE is wholly for business, has suffered tax in India, and cannot be disallowed under section… Read More »

Prosecution Under Section 276CC Unwarranted When Final Regular Assessment Entitles Taxpayer to a Refund

By | August 15, 2026

Prosecution Under Section 276CC Unwarranted When Final Regular Assessment Entitles Taxpayer to a Refund Prosecution Under Section 276CC Unwarranted When Final Regular Assessment Entitles Taxpayer to a Refund Issue Whether a criminal prosecution under Section 276CC for failure to furnish an income tax return under Section 148 is sustainable when the regular assessment results in… Read More »

PCIT Cannot Invoke Section 263 for Reverification When AO Throroughly Examined DVO Valuation and Property Sale

By | August 15, 2026

PCIT Cannot Invoke Section 263 for Reverification When AO Throroughly Examined DVO Valuation and Property Sale Issue Whether the Principal Commissioner of Income Tax (PCIT) can validly exercise revisional powers under Section 263 to set aside an assessment order for reverification, when the Assessing Officer (AO) had already examined the sale of flats, called for… Read More »

Supreme Court Dismisses SLP Upholding High Court Order Setting Aside Perverse ITAT Relief on Bogus Share Loss

By | August 15, 2026

Supreme Court Dismisses SLP Upholding High Court Order Setting Aside Perverse ITAT Relief on Bogus Share Loss Supreme Court Dismisses SLP Upholding High Court Order Setting Aside Perverse ITAT Relief on Bogus Share Loss Issue Whether the Supreme Court should interfere with the High Court’s order setting aside the Tribunal’s decision, where the High Court… Read More »

Full TDS Credit Must Be Allowed to Co-Owner If Other Co-Owners Claim No Credit

By | August 15, 2026

Full TDS Credit Must Be Allowed to Co-Owner If Other Co-Owners Claim No Credit Issue Whether an assessee who co-owns a leased property is entitled to claim 100% credit for Tax Deducted at Source (TDS) deducted entirely under his PAN when the other co-owners offer their proportionate rental income to tax but claim zero TDS… Read More »

Mechanical Approval Under Section 153D Without Application of Mind Invalidates Search Assessments

By | August 15, 2026

Mechanical Approval Under Section 153D Without Application of Mind Invalidates Search Assessments Issue Whether an assessment order passed under Section 153C read with Section 143(3) is legally valid when the statutory approval required under Section 153D was granted in a mechanical manner without application of mind, and whether the curable-defect provisions of Section 292BC apply… Read More »

Notice Signed on 31 March 2021 but Dispatched on 1 April 2021 Is Deemed Issued Post-Amendment

By | August 15, 2026

Notice Signed on 31 March 2021 but Dispatched on 1 April 2021 Is Deemed Issued Post-Amendment Issue Whether a reassessment notice under Section 148 dated and digitally signed on 31 March 2021, but dispatched via the ITBA system on 1 April 2021, is deemed issued under the amended law requiring compliance with Section 148A. Facts… Read More »

Reassessment Additions Unsustainable If Primary Reopening Grounds Do Not Result in Any Tax Addition

By | August 15, 2026

Reassessment Additions Unsustainable If Primary Reopening Grounds Do Not Result in Any Tax Addition Issue Whether an Assessing Officer can make tax additions on newly discovered issues during reassessment proceedings if no addition is made on the original issue that formed the basis for reopening the assessment. Facts Assessment Year: Assessment Year 2020–21. Initiation of… Read More »

Notice of Demand Unbacked by Scrutiny Assessment Order Findings Is Legally Unsustainable

By | August 15, 2026

Notice of Demand Unbacked by Scrutiny Assessment Order Findings Is Legally Unsustainable Issue Whether a demand notice under Section 156 and computation sheet raising additional tax and interest is legally valid when the assessment order under Section 143(3) explicitly accepts the returned income without any additions or supporting findings. Facts Assessee Profile & Filing: The… Read More »