Income Tax

Section 54F Relief Available Even for Extension of an Existing House? Bangalore ITAT Says Yes Keywords: Section 54F construction, Section 54F existing house, structural additions Section 54F, home extension capital gains exemption, Bangalore ITAT Section 54F, construction of residential house, Section 54F latest judgment, capital gains exemption for house renovation, B.S. Shanthakumari case, engineer certificate Section…

The Gauhati High Court has ruled that GST authorities cannot bypass the mandatory statutory process outlined under Section 61 of the CGST Act during return scrutiny. The Court emphasised that failing to issue Form GST ASMT-10 before initiating tax demand proceedings renders the entire subsequent adjudication process legally unsustainable and void. The issue arose after…

Recently, the Gauhati High Court said that a bona fide purchaser cannot be refused Input Tax Credit (ITC) just because the selling dealer did not submit GST returns after collecting tax from the purchaser and that the department should move against the defaulting seller. Justice Devashis Baruah permitted a writ petition by Advance Engineering Farms…

Andhra Pradesh officially inaugurated its Vijayawada and Visakhapatnam Benches. It has achieved a major milestone in the State’s tax dispute resolution mechanism. Appeal hearings at both benches started quickly on the day of their inauguration. Bhaskar Reddy Vemireddy, Vice President and Member (Judicial), GSTAT Andhra Pradesh, inaugurated the ceremony. Vemireddy outlined the commitment of the…

A Bench including Justice Pamidighantam Sri Narasimha and Justice Alok Aradhe heard the case on July 21, 2026. The SLPs challenged the consolidated judgment of the Gujarat HC dated January 3, 2025, passed in nearly 50 connected petitions led by the Gujarat Chamber of Commerce and Industry. The issue emerged from SCNs and summons issued…

Section 56(2)(x): Can Stamp Duty Value on Registration Date Trigger Tax Even When the Property Deal Was Finalised Years Earlier? ITAT Ahmedabad Says No     Keywords: Section 56(2)(x), stamp duty value, Jantri value, earlier agreement to sell, Banakhat, property registration, ITAT Ahmedabad, Section 56(2)(x) case law, banking channel payments, property purchased below stamp duty value,…

Legal Heir Is Not Always the Legal Representative: ITAT Agra Quashes Assessment Passed Without Proper Compliance Under Section 159 Keywords: legal heir vs legal representative, Section 159 Income Tax Act, assessment after death, notice to deceased person, ITAT Agra legal heir case, Chandrawati Devi vs ITO, assessment of deceased person, legal representative income tax, Section 159(4),…