The issue was whether ITC could be recovered from a bona fide recipient without first proceeding against the supplier. The ...

This case note explains that CAs, CSs, and Advocates are protected for bona fide advice but can be prosecuted if they knowingly assist laundering. The key takeaway is that crossing from advisory to ...

The Supreme Court ruled that leasing residential premises for hostels qualifies as renting for residence. GST exemption applies where the end-use is residential, even through ...

The representation points to widespread taxpayer hardship due to late ITR utilities and faulty AIS-driven mismatch alerts. KSCAA stressed that technology-led compliance must remain facilitative, not ...

The issue was whether late-fee under Section 234E could be levied while processing TDS returns before 01-06-2015. The Tribunal held that without Section 200A(1)(c), such levy was without authority of ...

The Court held that presumptions under Sections 132(4A) and 292C of the Income Tax Act apply only to income-tax proceedings. GST authorities must independently assess evidence without borrowing ...

The Karnataka High Court invalidated a faceless assessment because the show-cause notice gave the assessee less than seven days to respond, violating mandatory SOP and principles of natural ...

This explains the statutory situations in which banks and authorities may freeze accounts under laws like PMLA and the Income Tax Act. The key takeaway is that freezing must have legal backing and ...

Section 14A disallows expenses related to tax-exempt income. Rule 8D provides the formula, ensuring only taxable-income-related expenses are ...

The Supreme Court held that GST exemption depends on residential use of the property, not the commercial status of the tenant. Hostels and long-term PGs qualify as residential ...

The ITAT held that a notice under Section 143(2) issued by a non-jurisdictional officer is invalid. Such a defect strikes at ...

This case analysis explains why loose papers are not treated as books of account. Tax liability cannot arise solely from unverified jottings lacking linkage to real ...