Judgement

The ITAT held that section 69C of the Income Tax Act is not applicable here, as the purchases were accounted for in the books of account and the assessee submitted all the supporting documents.

Section 69C Requires Proving Unexplained Source of Genuine Expenditure First: ITAT

Articles

Comprehensive guide of major financial, daily-life changes coming in 2026 that will affect banking, taxes and digital payments and other.

Major Financial and Regulatory Changes Coming in 2026: What You Need to Know

Pune ITAT remands Section 12A registration matter to CIT(E) for reconsideration due to wrong subsection selection.

ITAT Grants Fresh Opportunity to Charitable Trust for Section 12A Registration After Technical Error

HC: Expiry of e-way bill caused by auto-populated distance error is a technical lapse and cannot justify GST penalty or seizure under Section 129.

Expired E-Way Bill Due to Auto-Populated Distance Is a Technical Lapse, Not Tax Evasion

News

Delhi High Court Pushes For Temporary GST Exemption On Air Purifiers Due To Severe Pollution

GST: PIL filed with Delhi High Court to Treat Air Purifiers As Essential Items, Not Luxury Goods

The High Court dismissed Navneet Bansal’s writ petition in a fake invoice and bogus tax credit case, directing him to avail the statutory appeal remedy instead.

HC Dismisses Writ in Bogus CENVAT Credit Case, Grants Taxpayer Final Chance to File Statutory Appeal

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