Judgement

A recent Tribunal ruling has provided much-needed clarity on the taxability of family gifts versus undocumented business receipts

Gift or Income? How a Past Court Ruling Saved This Taxpayer Millions

The Delhi High Court quashed a time-barred reassessment notice and assessment order, holding them void due to breach of statutory limitation and jurisdictional error.

Delhi High Court Cancels Time-Barred Reassessment Notice and Assessment Order

Articles

Shree Renuka Sugars Limited reported ₹1.52 crore GST penalties to NSE and BSE Limited under SEBI rule

Shree Renuka Sugars Limited Receives GST Penalty Orders Totalling Rs 1.52 Crore, Files Appeal

The petitioner is challenging a ₹20.76 lakh tax demand for FY 2019–20, saying they never saw the show cause notice because it was only uploaded on the portal without any alert. After no response, the demand was finalized and their bank account was attached in 2026. They argue they would have replied if informed, as they did in a similar case for FY 2021–22.

When Silence Costs Lakhs: Contesting a Tax Demand Born from an Unseen Notice

EY India and FICCI released a report recommending GST on premium hotel rooms be reduced from 18% to 9% to boost tourism, improve affordability, and enhance India’s competitiveness globally

EY-FICCI Suggest GST Reduction On Luxury Hotels to Make India More Tourist-Friendly

News

TeamLease Services Limited has received a Rs 184.58 crore SCN from EPFO over alleged fund management irregularities, which the company has disputed and may legally challenge.

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Gift or Income? How a Past Court Ruling Saved This Taxpayer Millions

Delhi High Court Cancels Time-Barred Reassessment Notice and Assessment Order

Shree Renuka Sugars Limited Receives GST Penalty Orders Totalling Rs 1.52 Crore, Files Appeal

When Silence Costs Lakhs: Contesting a Tax Demand Born from an Unseen Notice

EY-FICCI Suggest GST Reduction On Luxury Hotels to Make India More Tourist-Friendly

TeamLease Services Limited Faces 184.58 Crore EPFO SCN Over Fund-Management Issues