Remote Service Provision Through Field Engineers Does Not Constitute A Fixed Place Of Business. Issue Whether a company headquartered in Maharashtra is required to obtain GST registration in Odisha solely because it provides repair and maintenance services (AMC/CMC) through Field Service Engineers (FSEs) and maintains temporary tool storage in that state. Facts The Appellant is… Read More »
Liquor Manufacturers Are Entitled To C-Forms For Inter-State ENA Purchases Pending Final GST Council Decision. Issue Whether the State can refuse the issuance of C-Forms for inter-state purchases of Extra Neutral Alcohol (ENA) used in manufacturing alcoholic liquor for human consumption during the transition period from the implementation of GST (July 1, 2017) until the… Read More »
INCOME TAX UPDATE CASE LAWS DIGEST 13.5.2026 Section Case Law Title Brief Summary Citation Relevant Act 143(3) Suman Sharma vs. ITO Ad-hoc net profit additions are unsustainable if the AO has not rejected the books of account or identified specific bogus expenses, even if the profit ratio has declined. Click Here Income-tax Act, 1961 119(2)(b)… Read More »
Intimation Under Section 143(1) Merges With Scrutiny Assessment Under Section 143(3), Making Original Appeals Infructuous. Issue Whether an intimation order passed under Section 143(1) loses its independent identity and merges with a subsequent scrutiny assessment order passed under Section 143(3), thereby rendering any pending appeals against the initial intimation infructuous. Facts The assessee, a subsidiary… Read More »
Reassessment Notice for AY 2016-17 Issued After March 2023 Is Legally Void Due to Limitation Issue Whether a notice issued under Section 148 for Assessment Year 2016-17 is legally valid if it is issued on March 31, 2024, after the statutory six-year limitation period has expired. Facts Assessment Year: The proceedings concerned the Assessment Year… Read More »
Wage Slip as per Code on Wages (Central) Rules 2026 Under the Code on Wages (Central) Rules 2026 of India , every employer is required to issue a wage slip to their employees on or before the payment of wages. The wage slip can be provided either electronically or in physical form and must be… Read More »
Supreme Court Dismisses Revenue’s SLP Affirming That Reassessment Notice Issued After Six Years Is Time-Barred Issue Whether a reassessment notice issued under Section 148 is legally sustainable if it is served after the expiry of the six-year limitation period from the end of the relevant assessment year. Facts Assessment Year: The dispute pertains to Assessment… Read More »
Exemption Cannot Be Denied if Audit Report in Form 10B Was Available Before Return Processing Issue Whether the Centralized Processing Centre (CPC) is justified in denying exemption under Section 11 solely because the audit report in Form 10B was filed after the return of income, even if it was available on record at the time… Read More »
Depreciation Claim on Leased Assets Upheld as Transactions Are Not Merely Financial Based on Precedent Issue Whether depreciation under Section 32 is allowable on assets given on lease, or if such lease transactions should be treated merely as financial arrangements that disqualify the lessor from claiming depreciation. Facts Assessment Period: The case involves a series… Read More »
AO Directed to Recalculate Capital Gains by Excluding Post-Dated Transactions, Duplicated Deeds, and Co-Owners’ Shares Issue Whether a sale transaction dated in a subsequent financial year can be taxed in the current Assessment Year. Whether an amendment deed to an existing sale transaction can be treated as a second, independent sale resulting in duplicated income.… Read More »