Section 74 Cannot Be Invoked by Merely Using the Words “Fraud” or “Suppression”: Supreme Court Lays Down Important Safeguards

Section 16(5): A Second Chance for Old GST Input Tax Credit Claims

Electricity Subsidy Taxable? Supreme Court Reiterates the “Purpose Test”

Can a CBDT Circular Override the Income Tax Act? Supreme Court Gives an Important Reminder

Builder’s Cash Receipts: When Can Unexplained On-Money Be Taxed Under Section 69A?

Telangana HC Sets Aside GAAR on ₹49 Crore Bonus-Stripping Loss: On-Market Share Trades Are Not an “Arrangement”

Doctor’s Entire Gross Professional Receipts Cannot Be Taxed as Net Income Merely Because Return Was Not Filed: ITAT Chennai

GST Interest on Retrospective Price Escalation: Can Additional Consideration for Earlier Supplies Attract Interest?

₹1.97 Crore in a Minor’s Name, Already Clubbed With Father: Madras High Court Quashes Reassessment Against Minor

Delay in Filing Form 10B: Can a Charitable Trust Still Claim Exemption under Section 11?

6 GOLDEN RULES OF TAX PLANNING – Tax Planning Has Changed – Has Your Strategy Changed?

Destruction of Source of Income: Supreme Court Clarifies When Compensation Becomes a Capital Receipt

Diversion of Income by Overriding Title: When Income Never Becomes the Assessee’s Income

Bombay High Court: Income Tax Department Cannot Take a Contrary Stand After Consistently Accepting the Same Position

Income Tax Department Cannot Recover Pre-Resolution Tax Dues After NCLT Approval of IBC Plan: Gauhati High Court

Himachal Pradesh High Court Quashes ₹117.94 Crore GST Recovery Notice Against Morepen Laboratories: Omitted Rule Cannot Sustain Tax Proceedings Without Saving Provision

₹1.97 Crore in a Minor’s Name, But Taxed in Father’s Hands: Madras High Court Quashes Reassessment Against Minor

Excel Sheet Entry Alone Cannot Justify Addition under Section 69A: Delhi ITAT