EaseValueRERA Compliance & GST/Income Tax 2025-26: Builder & Buyer Guide
This is a current update on RERA compliance requirements for AY 2025-26 with focus on GST treatment and income tax implications for real estate professionals. Our guide covers practical steps for registration, buyer protection, escrow accounts, and documentation as per latest Income Tax Act 2025.
ITR Filing Due Dates FY 2025-26 AY 2026-27 Deadlines
CBDT has clarified ITR filing deadlines for FY 2025-26 (AY 2026-27) including belated and revised return timelines. This recent update impacts all individual and corporate taxpayers filing income tax returns.
Delhi HC Personality Rights 2026: Tax Impact on AI Deepfakes & Digital Content
Delhi High Court's landmark ruling on personality rights protection (July 2026) has significant implications for content creators, influencers, and digital businesses in India. This decision affects how personality-based income is taxed and how unauthorised use of identity must be reported for tax compliance.
GST Assessment Order Against Deceased Person Non Est in Law 2026
In a landmark July 2026 ruling, Madras High Court set aside a GST assessment passed against a deceased person, declaring it non est in law (void ab initio). This has major implications for legal heirs and GST compliance during succession.
Section 153C vs 147 Reassessment 2026: ITAT Ruling on Search Material
In a significant July 2026 ruling, Kolkata ITAT clarified that Section 153C of Income Tax Act 2025 is the correct provision for reassessments based on third-party search material, invalidating Section 147 reassessments. This ruling protects taxpayers from arbitrary reassessments.
Section 148 Reopening on Stale Search Material Invalid 2026
In a major relief to taxpayers, ITAT Kolkata has quashed a Section 148 reassessment based on stale search material, holding that reopening amounted to mere change of opinion. This July 2026 ruling strengthens taxpayer protection against arbitrary reassessments.
Section 148 Notice Without Jurisdiction 2026: Bombay HC Ruling
A recent Bombay High Court ruling (July 2026) has quashed Section 148 reassessment notices issued based on material found during income tax searches. The court held that when the IT Department discovers new income during a search, they must use Sections 153A or 153C, not Section 147 of the Income Tax Act 2025.
Section 250(6) CIT(A) Order Must Be Reasoned - ITAT Jaipur 2026
ITAT Jaipur has set aside an ex parte CIT(A) order for violating Section 250(6) of the Income Tax Act 2025, which mandates a reasoned appellate decision after effective hearing. This July 2026 ruling strengthens taxpayer rights during appeals.
Section 250(6) Speaking Order Requirement 2025 - ITAT Jaipur Ruling
In a significant July 2026 ruling, ITAT Jaipur has reinforced that CIT(A) must issue detailed speaking orders after proper hearing under Section 250(6) of the Income Tax Act 2025. Any ex parte or non-reasoned order will be set aside and remanded.
Sections 271D/271E Penalty Deleted: ITAT Jaipur 2026 Ruling
In a recent July 2026 ruling, ITAT Jaipur has deleted penalties under Sections 271D and 271E, holding that a cash transaction was not covered under the loan or deposit provisions of Sections 269SS and 269T. This is critical guidance for taxpayers facing similar penalty notices.
Section 43CA Inapplicable AY 2013-14 | Bombay HC Quashes Reopening 2026
In a significant ruling (July 2026), Bombay High Court has quashed a Section 148 reopening for AY 2013-14, holding that Section 43CA of the Income Tax Act 2025 was inapplicable and stamp duty valuation alone cannot form the basis for tax additions. This judgment provides important relief to taxpayers facing similar reopenings.
GST Turns 9 Years in 2026: India's Tax Reform Achievements & Road Ahead
Nine years after its July 2017 launch, GST has transformed India's indirect tax landscape with digitisation, unified rates, and expanded compliance. This current update covers what taxpayers need to know for AY 2026-27 and the pending reforms.
Have a tax question? Our CA will reply within 30 mins.
💬 Ask on WhatsApp