EaseValueFake Income Tax Penalty Notice Email Scam 2026 - How to Identify
Fresh phishing scams targeting Indian taxpayers with fake Income Tax penalty notices are circulating via personal email accounts in July 2026. Know how to identify fake notices and verify genuine communication from Income Tax Department.
Article 8 DTAA Benefit Shipping Profits 2026 Gujarat HC Ruling
In a significant July 2026 ruling, Gujarat High Court confirmed that Article 8 of the India-Singapore DTAA applies to shipping profits, and tax authorities cannot deny DTAA benefits based on doubts over IRAS certificates. This is a major win for NRI shipping companies operating in India.
GSTAT Procedure Rules 2025 Changes - Appeals & Rectification Updates
GSTAT has announced significant procedural amendments to the GSTAT (Procedure) Rules, 2025 effective July 2026. These changes simplify appeals, certified copy requests, cause list management, document translations, and rectification applications for taxpayers.
Section 143(2) Notice Invalid by Non-Jurisdictional AO 2026 | ITAT Ruling
In a critical ruling from July 2026, ITAT Kolkata has held that assessments under Section 143(3) are completely void if the mandatory Section 143(2) notice was issued by an Assessing Officer who lacked territorial jurisdiction. This is a major protection for taxpayers facing assessments after AO transfers.
Section 69 Cash Addition Deleted: ITAT Ruling 2026 | No Tax on Redeposit Delay
In a landmark July 2026 ruling, ITAT Chennai has deleted Section 69 additions where cash was withdrawn and later redeposited with a time gap. The tribunal held that mere delay cannot justify treating deposits as unexplained income without concrete evidence of alternate spending.
Business Expense Allowed Despite Nil Sales 2026: ITAT Kolkata Ruling
In a significant July 2026 ruling, ITAT Kolkata has upheld that nil sales and zero production do not automatically mean business closure, allowing business expense deductions even when revenue is absent. This is a critical update for businesses struggling with low turnover during AY 2025-26 and AY 2026-27.
Section 54F Deduction: Completion Certificate Not Required 2026
In a significant July 2026 ruling, ITAT Ahmedabad has clarified that Section 54F deduction cannot be denied merely for absence of completion certificate if other evidence proves timely construction. This is a major relief for homebuyers claiming capital gains exemption.
GST Pre-Deposit Order Set Aside 2026 | Orissa HC Ruling
In a significant July 2026 ruling, Orissa High Court has set aside a GST appellate order that wrongly required 10% pre-deposit on interest component. This landmark decision protects taxpayers from incorrect pre-deposit demands when interest is misclassified as tax.
Foreign Commission Export TDS Section 195 2025 | ITAT Delhi Ruling
In a significant ruling from July 2026, ITAT Delhi has held that commission paid to foreign agents for export services rendered outside India is not liable to TDS under Section 195. This is great news for exporters and trading companies managing foreign agent networks.
Section 270A Penalty Deleted: Excess Section 80G Deduction 2026
In a significant ruling dated July 2026, ITAT Jabalpur has deleted Section 270A penalty where a taxpayer claimed excess Section 80G deduction. The court held this was a genuine mistake, not wilful misreporting of income — offering important relief to charitable donors.
Form 3CD Clause 44 Reporting 2026: GST Linkages & Tax Assessment
Form 3CD Clause 44 has emerged as critical touchpoint between income-tax audit reporting and GST compliance in AY 2026-27. Recent judicial pronouncements now mandate stricter linkages, affecting how chartered accountants certify financial statements and tax positions.
Section 68 Addition Deleted Without Incriminating Material - ITAT Delhi 2026
This is a significant July 2026 update from ITAT Delhi where the tribunal deleted Section 68 additions in search-based assessments, holding that no incriminating material existed. This ruling provides important protection for taxpayers facing bogus purchase allegations.
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