Injection of Solar Power into DISCOM Grid Without Wheeling-Banking Agreement Constitutes Exempt Outward Supply, Denying Input Tax Credit

By | September 17, 2026
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Injection of Solar Power into DISCOM Grid Without Wheeling-Banking Agreement Constitutes Exempt Outward Supply, Denying Input Tax Credit Issue Whether an assessee is entitled to Input Tax Credit (ITC) on inputs, input services, and capital goods used for setting up a solar power plant located at a remote location, where the generated electricity is injected… Read More »

Masala Paan Classification as Food Preparation Not Elsewhere Specified Under Chapter Heading 2106 90 99 Taxable at 18% GST

By | September 17, 2026
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Masala Paan Classification as Food Preparation Not Elsewhere Specified Under Chapter Heading 2106 90 99 Taxable at 18% GST Issues Whether “Masala Paan” or “Meetha Paan” is appropriately classified under Chapter Heading 2106 90 99 of the GST Tariff as a food preparation not elsewhere specified or included. Whether the supply of “Masala Paan” constitutes… Read More »

INCOME TAX CASE LAW 16.09.2026

By | September 17, 2026
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INCOME TAX CASE LAW 16.09.2026 Relevant Act Section Case Law Title Citation Brief Summary Income-tax Act, 1961 Section 12AB ST. Ignatius Church v. CIT (Exemptions) Click Here Denial of renewal of registration to a long-established trust solely due to lack of a formal trust deed was unsustainable since Rule 17A(2)(b) permits alternative documentary evidence. Income-tax… Read More »

Penalty Under Section 271D Is Unsustainable Without Specific Revenue Proof of Section 269SS Contravention

By | September 17, 2026
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Penalty Under Section 271D Is Unsustainable Without Specific Revenue Proof of Section 269SS Contravention Penalty Under Section 271D Is Unsustainable Without Specific Revenue Proof of Section 269SS Contravention Issue Whether penalty under Section 271D can be sustained where the Revenue fails to establish that cash deposited by the assessee in its bank account constituted a… Read More »

Assessee is not entitled to Section 270AA penalty immunity in cases involving misreporting of income.

By | September 17, 2026
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Assessee is not entitled to Section 270AA penalty immunity in cases involving misreporting of income. Issue Whether an assessee is entitled to immunity from penalty under Section 270AA of the Income-tax Act, 1961 (corresponding to Section 440 of the Income-tax Act, 2025) when penalty proceedings under Section 270A are initiated for ‘under-reporting of income in… Read More »

No TDS default under section 201 applies for EDC payments if payee satisfies first proviso conditions.

By | September 17, 2026
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No TDS default under section 201 applies for EDC payments if payee satisfies first proviso conditions. Issue Whether the assessee can be treated as an assessee-in-default under section 201(1) and saddled with interest under section 201(1A) for non-deduction of TDS under section 194C on External Development Charges (EDC) paid to HUDA/HSVP on directions of DTCP,… Read More »

Revenue cannot invoke Section 179 against public company directors by lifting veil based on shareholding.

By | September 17, 2026
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Revenue cannot invoke Section 179 against public company directors by lifting veil based on shareholding. Issue Whether Revenue can invoke Section 179 against a director of a registered public limited company by lifting the corporate veil merely due to concentrated shareholding and absence of public participation. Whether liability under Section 179(1) can be fastened on… Read More »

Reassessment notice issued beyond three years with PCIT approval instead of specified higher authority is invalid.

By | September 17, 2026
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Reassessment notice issued beyond three years with PCIT approval instead of specified higher authority is invalid. Issue Whether a reassessment notice issued under Section 148 after three years from the end of Assessment Year 2016-17 with the approval of the Principal Commissioner of Income-tax (PCIT) instead of the higher specified authority under Section 151(ii) is… Read More »

Second reassessment notice under Section 148 for income already assessed and taxed is illegal and invalid

By | September 17, 2026
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Second reassessment notice under Section 148 for income already assessed and taxed is illegal and invalid Issue Whether an Assessing Officer (AO) can legally issue a second notice under Section 148 of the Income-tax Act, 1961 (corresponding to Section 280 of the Income-tax Act, 2025) for a transaction that has already been assessed and brought… Read More »

Assessment order passed under section 143(3) in the name of a non-existent entity is legally invalid and liable to be quashed

By | September 17, 2026
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Assessment order passed under section 143(3) in the name of a non-existent entity is legally invalid and liable to be quashed Issue Whether an assessment order passed under section 143(3) of the Income-tax Act, 1961 (corresponding to section 270 of the Income-tax Act, 2025) in the name of an erstwhile partnership firm—after it had ceased… Read More »