Appointment of Adjudicating officer and Appellate Authority Delhi Gazette SG-DL-E-17102026-277258 EXTRAORDINARY PUBLISHED BY AUTHORITY No. 315] NEW DELHI, FRIDAY, OCTOBER 16, 2026/ASVINA 24, 1948 [N. C. T. D. No. 259 OFFICE OF THE DIVISIONAL COMMISSIONER, DELHI (Stamps and Registration Branch) ORDER Delhi, the 16th October, 2026 Subject: Appointment of Adjudicating Officers and Appellate Authority under… Read More »
Review Petition Against Denial of Interest on Withdrawn GST Refund Held Non-Maintainable and SLP Dismissed Issue Whether a review petition seeking interest on an inadvertently deposited GST refund for a period during which the refund application stood withdrawn is maintainable under Section 114 of the Code of Civil Procedure, 1908 read with Section 54 of… Read More »
Assignment Considerations Are Capital Receipts Not Taxable Under Other Sources, Interest Expenditure Requires Direct Nexus Issue Whether consideration received under a Deed of Assignment relinquishing rights/claims in a pending property suit is a capital receipt rather than revenue taxable under ‘Income from other sources’ under Section 56. Whether expenditure claimed against interest income under Section… Read More »
Addition to cash-in-hand cannot be made without rejecting audited books of account under Section 145. Addition to cash-in-hand cannot be made without rejecting audited books of account under Section 145. Issue Whether an addition can be made to the assessee’s income under Section 147 on account of cash-in-hand merely based on the difference between opening… Read More »
Proportionate Cost Allocation to Low-Pressure Steam for Section 80-IA Deduction Is Valid and Cannot Be Treated as Nil Issue Whether the Revenue can assign a nil cost to low-pressure steam generated by a captive power plant and allocate the entire process cost exclusively to electricity generation to deny a Section 80-IA deduction, despite the steam… Read More »
Reopening Barred by Limitation under Section 149 Since Corrected Escaped Income Falls Below Statutory Fifty Lakh Threshold Issue Whether the Assessing Officer was legally justified in issuing a reassessment notice under Section 148 beyond the normal limitation period for an alleged income escape of Rs. 70 lakhs, when a proper evaluation of the transaction records… Read More »
High Court precedent binds TPO on comparables, while healthcare and IT services are functionally distinct from market research. Issue Whether the Transfer Pricing Officer (TPO) is justified in selectively applying filters and excluding historically accepted comparables despite binding High Court precedents, and whether software depreciation (60% vs 25%) and international travel expense disallowances warrant fresh… Read More »
Unexplained Bank Deposits Remanded for Fresh Assessment to Evaluate Profit Estimation Based on Past and Succeeding Years Unexplained Bank Deposits Remanded for Fresh Assessment to Evaluate Profit Estimation Based on Past and Succeeding Years Issue Whether the Assessing Officer was justified in treating the entire cash deposit of ₹1.28 crore as unexplained money under Section… Read More »