Courts have questioned the practice of denying ITC by calling suppliers “non-existent” while simultaneously taxing outward supplies. The emerging judicial view protects bona fide buyers and rejects inconsistent fact-finding that causes cascading taxation. The post GST on Recipient for “Non-Existent” Supplier: Legal Position & Case Law appeared first on TaxGuru.

The High Court held that only 30 days of limitation survived after applying TOLA and Supreme Court rulings. Notices issued after expiry of the surviving period were declared time-barred. The post Reassessment Notice Quashed as Issued Beyond Surviving Limitation Under TOLA and Section 149 appeared first on TaxGuru.

Delhi High Court held that seismic survey services in connection with exploration of oil cannot be held to be in nature of Fees for Technical Services [FTS]/Royalty and hence not covered under section 44DA of the Income Tax Act. Accordingly, writ petition is allowed. The post Seismic survey services in connection with oil exploration is not in nature of FTS/Royalty appeared first on TaxGuru.

Invoking powers under section 27 of the Act, the State Government introduced the 2026 Amendment Rules without prior publication. The revised provisions shift key filing and compliance dates to the 15th day, impacting taxpayers across the state. The post Maharashtra Advances Profession Tax Due Dates to 15th appeared first on TaxGuru.

The Tribunal held that an appeal filed before a Bench lacking territorial jurisdiction is not maintainable and cannot be transferred. Liberty was granted to approach the correct Bench with a delay condonation petition. The post Appeal Rejected as Not Maintainable Because Filed Before Incorrect ITAT Bench appeared first on TaxGuru.

The Tribunal held that EIS paid to originators is not subject to TDS because the originator had not subscribed to PTCs and was not an investor. Since statutory conditions under Section 194LBC were not met, demand under Sections 201 and 201(1A) was deleted. The post No TDS on Excess Interest Spread as Originator Not an Investor Under Section 194LBC appeared first on TaxGuru.

The Court directed the PCCIT to appoint a senior officer to re-examine a refund claim where both parties lacked decades-old records. A reasoned decision must be taken to ensure any legitimate refund is not denied. The post Calcutta HC Orders Re-evaluation of Income Tax Refund Claim Because Records Date Back Three Decades appeared first on TaxGuru.

ITAT Mumbai held that deduction under Section 80JJAA cannot be allowed when not claimed in the original return of income. Section 80A(5) bars such belated claims raised for the first time before appellate authorities. The post ITAT Mumbai Denied Section 80JJAA Deduction as Claim Not Made in Original Return appeared first on TaxGuru.

The Tribunal upheld addition under Section 69 as the assessee failed to establish that the LIC investment belonged to the HUF. Mere assertion of agricultural income without documentary evidence was held insufficient. The post Rs. 50 Lakh LIC Investment Treated as Unexplained Due to Failure to Prove HUF Source appeared first on TaxGuru.

The Madras High Court held that issuance of show cause notice under Section 124 of the Customs Act is mandatory before confiscation of goods. Even alleged waiver by the importer cannot override statutory and natural justice requirements. The post Customs Confiscation Order Quashed for Failure to Issue Mandatory Section 124 SCN appeared first on TaxGuru.

ITAT Delhi upheld CIT(A) s order holding that reassessment under Section 153A cannot stand without incriminating material seized from the assessee. The Revenue’s appeal was dismissed. The post 153A Assessment Quashed Because No Incriminating Material Found in Assessee’s Search appeared first on TaxGuru.

The Tribunal quashed the attachment after verification showed only four items matched the alleged seller and no material established benami holding. The provisional attachment under PBPTA was held unsustainable. The post Benami Attachment Set Aside as Verification Fails to Link Jewellery to Alleged Beneficial Owner appeared first on TaxGuru.

ITAT Delhi held that interest awarded under Section 28 is an accretion to compensation and cannot be taxed as income from other sources. The appeal was allowed following Supreme Court precedent. The post Interest Under Section 28 of Land Acquisition Act Not Taxable as ‘Other Sources’: ITAT Delhi appeared first on TaxGuru.

CESTAT Kolkata held that penalty under section 114AA of the Customs Act is not sustainable in absence of cogent, tangible or corroborative evidence linking connection of appellant in fraudulent export by forming a syndicate. Accordingly, appeal is allowed and penalty is set aside. The post Penalty u/s. 114AA of Customs Act set aside in absence of corroborative evidence in fraudulent export syndicate appeared first on TaxGuru.

NCLAT held that invoices with default dates beyond the Section 10A period cannot be barred under the COVID suspension provision. The ₹2.36 crore claim was restored for fresh consideration. The post Section 9 IBC Petition Revived Because Post-Section 10A Defaults Exceeded ₹1 Crore Threshold appeared first on TaxGuru.