EaseValueSection 143(2) Notice Invalid: ITAT Delhi Quashes Assessment 2026
A recent ITAT Delhi judgment has declared that scrutiny assessments are void when Section 143(2) notices are issued by an ITO lacking pecuniary jurisdiction under CBDT guidelines. This is a major win for taxpayers facing invalid assessments in AY 2025-26 and beyond.
Section 12AB Registration Denied Trust 2026: ITAT Ruling Explained
In a significant ruling from July 2026, ITAT Ahmedabad has denied Section 12AB registration to a trust created after 1 April 2021, holding that its objects were intended for a particular community. This decision impacts how charitable trusts must structure their objectives.
Section 12AB Registration Rejected 2026: ITAT Mumbai Ruling on Foreign Activities
In a significant July 2026 ruling, ITAT Mumbai rejected final registration under Section 12AB and 80G where the organisation's objects permitted support to entities outside India. This impacts NGO registration conversions and fundraising eligibility.
Customs Duty Demand Time-Barred 2026: CESTAT Ruling on FTA Benefits
In a significant July 2026 ruling, CESTAT Ahmedabad has set aside a customs duty demand on imported alkalised cocoa powder, holding that the extended limitation period under Section 28(4) was not applicable. This judgment provides crucial protection to importers against time-barred duty demands.
Block Assessment Quashed: Section 143(2) Notice Mandatory in 2026
A recent Delhi High Court ruling has quashed a block assessment under Section 158BC, ruling that a Section 143(2) notice is mandatory before conducting search-based assessments. This 2026 judgment significantly protects taxpayers' rights during income tax searches.
Redeveloped Flat LTCG Relief 2026: Section 54/54F & Indexation Benefit
In a significant ruling from July 2026, ITAT Mumbai has held that a redeveloped flat is treated as a continuation of the original asset, allowing sellers to claim long-term capital gains treatment with indexation and Section 54/54F exemption relief. This is a major development for property owners who redevelop their homes.
ITAT Ruling 2026: Foreign Banks Expatriate Salary Deduction & Transfer Pricing
In a landmark July 2026 ruling, ITAT Mumbai has clarified critical taxation issues for foreign banks operating in India, including expatriate salary deductions and transfer pricing adjustments. This decision significantly impacts how foreign financial institutions and multinational enterprises calculate their Indian tax liability.
ITAT Deletes Section 69 Addition 2026: Joint Holder Protection
In a landmark July 2026 ruling, ITAT Mumbai has provided critical relief to taxpayers by deleting Section 69 additions for joint holders without independent evidence. This protects individuals from unfounded cash, gold, and foreign currency assessments.
POCSO Act Compliance 2026: School & Institution Reporting Duties Under Income Tax
A recent Karnataka High Court judgment (July 2026) has clarified that silence on child safety complaints is not institutional discretion—it is statutory delinquency with serious legal and financial consequences. This ruling impacts schools, NGOs, and all registered organisations under the Income Tax Act 2025.
GST SCN & Section 74 Order Quashed 2026 | Natural Justice Breach
In a significant ruling from July 2026, the Bombay High Court has quashed a GST show cause notice and Section 74 order for breach of natural justice principles. This judgment protects taxpayers' right to fair hearing and proper service of notice.
ITR Form Selection Guide 2025-26: Eligibility & Due Dates
Choosing the correct ITR form is crucial for AY 2025-26 filing. This updated guide explains eligibility criteria, required documents, due dates under Income Tax Act 2025, and penalties for late filing.
Bad Debt Write-off ITAT Ruling 2026: Section 36(2) Verification Guide
In a significant July 2026 ruling, ITAT Bangalore has clarified that mere write-off of bad debt is sufficient for deduction under Section 36(2) of Income Tax Act 2025. The Assessing Officer must now verify only Section 36(2) statutory conditions, not additional propriety checks.
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