IMPORTANT INCOME TAX CASE LAWS 24.03.2026 Relevant Act Section Case Law Title / Authority Brief Summary Citation Income Tax Act Sec 11 & 154 Tehmina K. Katrak Trust v. ITO Exemption under Section 11 accepted in a 143(1) intimation cannot be withdrawn via Section 154 (rectification) as it amounts to an impermissible review of a… Read More »
Personal Liability of Directors for Company GST Dues (Section 89) Facts The Parties: The Petitioner is a director of M/s Trans Car India Pvt Ltd, a private limited company. The Dispute: Following an Order-in-Original issued by the DGGI, the GST department sought to recover the company’s tax dues directly from the director. The Action: The… Read More »
Income tax slabs for FY 2025-26 AY 2026-27 For Financial Year (FY) 2025-26 (Assessment Year 2026-27), the income tax slabs were significantly revised in the Union Budget 2025. The New Tax Regime remains the default choice and offers a higher tax-free threshold compared to previous years. New Tax Regime Slabs (Default) This regime is the… Read More »
IMPORTANT GST CASE LAWS 23.03.2026 Relevant Act Section Case Law Title / Authority Brief Summary Citation CGST Act, 2017 Section 9 Hi Care Remedy (P.) Ltd., In re Medical Disposables: Probe covers, cable covers, and laparoscopy camera covers are classified under HSN 9033 (Accessories) at 18% GST, rather than medical instruments (9018). Click Here CGST… Read More »
Validity of Disciplinary Proceedings and the Impact of Rule 14(24) Deadlines Facts The Petitioner: A direct recruit Appraiser (1993) who rose to the rank of Additional Commissioner. During the relevant period, he was on deputation at SEEPZ SEZ, Mumbai. The Charge Memorandum: A major penalty charge sheet was issued alleging irregularities in tenders, work allocation,… Read More »
Bar on Remanding Cases by the First Appellate Authority (Section 107) Facts The Petitioner: A GST-registered law firm providing legal services to both domestic and foreign clients, receiving payments in convertible foreign exchange. The Claim: The firm filed for refunds of Input Tax Credit (ITC) related to the export of services made without payment of… Read More »
NEW FORM FOR TAX AUDIT in INCOME TAX RULES 2026 & INCOME TAX ACT 2025 Under the new Income-tax Act, 2025 and Income Tax Rules, 2026, the tax audit report will be filed using the newly introduced Form No. 26, which is governed by Section 63 of the new Act. Here are the key points… Read More »
Quashing of Unauthorized Cash Seizure and Lack of Statutory Notice (Section 67) Facts The Search: Tax authorities conducted search and seizure operations at the petitioner’s premises (including their residence) and the premises of another individual, ‘H’, located in the same building. The Seizure: During the search, respondents seized various items, including Rs. 1 crore in… Read More »
GST Classification of Battery Energy Storage Systems (BESS) as Support Services vs. Sale of Electricity Facts The Applicant: A developer and operator of Battery Energy Storage Systems (BESS). The systems are used to draw electricity from the grid, store it in chemical form, and discharge it back into the grid on demand. The Agreement (BESPA):… Read More »
Classification of Medical Disposables: Plastic Articles vs. Medical Accessories (GST) Facts The Applicant: A CDSCO-licensed and ISO 13485 certified manufacturer of medical disposables. The Products: A range of non-latex, polymer-based medical items including sterile/non-sterile EVA gloves, sterile aprons, OT shoe covers, drape sheets, procedure drapes, and various probe/cable covers (Endocavity, Ultrasound, Laparoscopy camera, and Intraoperative… Read More »