Income Tax

Refund Cannot Be Denied for Mere Technical Lapse: ITAT Invokes Article 265 to Protect Taxpayer’s Rights     Once Delay in E-Verification Is Condoned, Revenue Cannot Retain Tax That Is Not Legally Due One of the most fundamental principles of taxation is that the Government can collect only the tax authorised by law-nothing more, nothing less. This…

The Commercial Taxes Department, Rajasthan, has issued revised guidelines for the scrutiny of GST returns under Section 61 of the RGST Act, 2017, replacing the earlier guidelines issued on 7 January 2022. The updated procedure is intended to bring greater uniformity and consistency to return scrutiny proceedings and subsequent actions under Sections 73, 74, and…

The Ministry of Corporate Affairs (MCA) has invited suggestions of the stakeholder on the proposed Integrated Platform for Insolvency Ecosystem (iPIE), a unified platform that will merge various business procedures and digital services into a common technology structure. The ministry mentioned that the platform is contemplated to assist end-to-end digital workflows, ease real-time data exchange…

The Apex Court did not interfere with the judgment of the Allahabad High Court, which stated that cancellation of the GST registration without furnishing proper reasons is not lawfully sustainable. The court permitted the taxpayer to pursue the regulatory appeal and extended the limitation period for filing the appeal. The case arose after GST authorities…

Suspicion Alone Cannot Justify Income Tax Additions: Supreme Court Upholds Deletion of ₹16.61 Crore Alleged Unaccounted Sales Tax Assessments Must Be Based on Evidence, Not Mathematical Assumptions or Guesswork One of the oldest and most fundamental principles of income tax law is that suspicion, however strong, can never substitute evidence. Tax authorities may entertain doubts, draw inferences…

Introduction Section 332 of the Income Tax Act 2025 provides the registration framework for eligible non-profit organizations in India. It applies to public trusts, registered societies, Section 8 companies, universities, recognized educational institutions, and certain government-funded institutions.   Under the Income tax Act, 1961, registration provisions for charitable and religious organizations were mainly covered under…

The Uttarakhand High Court has stated that a minor mistake in an e-way bill should not result in a penalty under tax laws if there was no intention to evade tax. The Court set aside a penalty of Rs. 10.67 lakh imposed on a taxpayer and directed the authorities to refund the deposited amount after…

The Madras High Court has directed the GST authorities to adjust the tax already paid under the wrong tax head instead of requiring the taxpayer to make a fresh payment before processing the refund claim. It said that a taxpayer who has discharged the entire tax obligation within time cannot be penalised solely because the…

The Rajasthan High Court made an important decision regarding educational institutions. They have allowed a group of petitions from these institutions and reinforced their earlier ruling that universities should not charge GST on their affiliation fees. The Biyani Shikshan Samiti, along with nursing colleges, pharmacy colleges, teacher training institutes, and several other educational institutions, submitted…

Can CPC Apply the Supreme Court’s Checkmate Judgment Retrospectively? ITAT Says No A Debatable Issue Cannot Be Adjusted Under Section 143(1) by Applying a Later Supreme Court Decision The landmark judgment of the Supreme Court in Checkmate Services (P.) Ltd. v. CIT fundamentally changed the legal position regarding delayed deposit of employees’ contributions towards Provident Fund (PF)…