EaseValueCESTAT Sets Aside Service Tax Demand 2026 - No Suppression Found
In a June 2026 ruling, CESTAT Kolkata has set aside an entire Service Tax demand after finding no evidence of suppression or intent to evade during a period of legal uncertainty. This landmark decision offers crucial protection to taxpayers facing similar situations.
Income Tax on Stock Investments: Philip Fisher's Quality Stock Guide for Indians
Philip Fisher's timeless investing philosophy teaches us to pick quality stocks with strong fundamentals. But as an Indian taxpayer, you must understand how these investments affect your Income Tax, capital gains, and ITR filing.
GSTAT Ranchi Bench Open Sunday: GST Deadline June 30 Update
The GST Appellate Tribunal (GSTAT) Ranchi Bench will remain open on Sunday to resolve technical issues before the critical June 30 deadline. No extension has been granted despite requests from professional associations.
GST Registration Appeal: No Automatic Stay - What It Means
The Allahabad High Court clarified that filing an appeal against a GST cancellation order does not automatically stop the appellate authority's decision. GST registration must be restored immediately.
Bogus Purchase Disallowance: Transport & Consumption Evidence Required
A recent ITAT Raipur decision shows that invoices and GST documents alone cannot prove genuine purchases. You must have transport and consumption evidence to avoid 12.5% disallowance.
Section 270A Penalty Deleted: AO Must Specify Charges Clearly
A recent ITAT Mumbai ruling has clarified that Section 270A penalties cannot stand if the show cause notice doesn't clearly specify whether the charge is under-reporting or misreporting of income. This is a major win for taxpayers.
ITAT Deletes Jewellery Addition: How to Prove Inheritance & Purchase Source
An important ITAT ruling shows how to successfully defend jewellery additions through proper documentation. Find out what evidence the tax department accepts and how it affects you.
Income Tax & GST on Religious Properties: What You Must Know
A recent MP High Court ruling clarifies the distinction between religious properties and protected monuments under tax law. Learn how this impacts your GST and Income Tax obligations.
Income Tax: Can I-T Dept Add Tax on Cash Property Payments?
A major ITAT ruling protects taxpayers from arbitrary tax additions on property purchases. The I-T Department now needs solid proof, not just seized documents from third parties.
ITR Scrutiny Notice Deadline June 30: Key Tax Dates July 2024
June 30 marks the final deadline for Income Tax Department to issue scrutiny notices for ITRs. July brings several important tax compliance dates that every taxpayer and business must track.
Income Tax Reassessment Beyond Limitation Period Invalid: HC Ruling
A landmark Chhattisgarh High Court decision has ruled that Income Tax reassessment orders passed beyond the limitation period under section 153 are completely invalid. This is major news for taxpayers facing delayed reassessment notices.
GST Demand Quashed: Portal Notice Upload Rules Explained
The Allahabad High Court recently quashed a GST demand order because the tax authorities uploaded notices in the wrong portal tab. This landmark ruling protects businesses from procedurally defective GST notices.
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