Practical checklists and clear explanations for individuals, professionals and businesses.
Bombay High Court upheld the ITAT view that profits from sale of flats were taxable as capital gains where the project was held as an investment for leasing and the facts did not show a regular real-estate trading activity.
GSTN has paused the planned Ship-to GSTIN, voluntary e-Way Bill closure and related API changes. The existing e-Way Bill process continues until a fresh official communication.
The Income Tax Department has released Version 1.0 of the ITR-6 validation rules for AY 2026-27. Companies should check audit details, tax regime forms, financial schedules, TDS-linked income and supporting forms before upload.
The new CBDT guidance explains how crypto-asset service providers must identify reportable users, verify tax residence, report transactions in Form 167 and maintain records.
Delhi High Court held that the new 10% pre-deposit for penalty-only GST appeals cannot govern proceedings started by a show cause notice before 1 October 2025.
ITAT Bangalore held that Section 270A penalty was not automatic where a cooperative society made a bona fide Section 80P claim earlier accepted in scrutiny and rectification orders.
NCLAT Chennai held that a Sub-Registrar could not keep blocking registration after the Income Tax attachment was vacated and the Department's operational-creditor claim was paid under Section 53 of the IBC.
In Indu Construction v. Nagpur Improvement Trust, the Bombay High Court held that an all-applicable-taxes tender clause could not shift a later GST burden to a contractor who bid before GST existed.
NCLAT temporarily protected ARCIL's disputed financial claim because limitation required fuller examination and a CoC vote could make the present position impossible to restore.
NCLAT allowed the appeal against Montecarlo Limited's insolvency admission after the operational creditor confirmed settlement and raised no objection to closure of CIRP.
ITAT Bengaluru held that Section 153C could not be used where the deemed search date for the other person arose after 1 April 2021, even though the original search occurred in 2019.
In Green Woods v. Union of India, the Bombay High Court held that a GST appeal should not be dismissed mechanically when a pre-deposit shortfall is cured in time and before the appeal is decided.
