Month: August 2026

Read more at:https://economictimes.indiatimes.com/wealth/tax/no-input-tax-credit-for-the-innocent-buyer-after-paying-gst-supreme-court-settles-who-bears-the-cost-when-a-supplier-defaults/articleshow/132762247.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst https://economictimes.indiatimes.com/wealth/tax/no-input-tax-credit-for-the-innocent-buyer-after-paying-gst-supreme-court-settles-who-bears-the-cost-when-a-supplier-defaults/articleshow/132762247.cms On 24 July 2026, the Supreme Court brought a long-running constitutional battle close to an end. Dismissing a batch of special

Read more at:https://economictimes.indiatimes.com/wealth/tax/man-was-denied-section-54f-income-tax-exemption-as-builder-delayed-villa-construction-by-4-years-telangana-hc-grants-relief-says-taxpayer-cant-suffer-for-builders-fault/articleshow/132787026.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Mr Mettu from Hyderabad, along with 45 others owned 4.505 acres of land in Serlingampally Mandal, Rangareddy district, and they decided to sign

Read more at: https://taxguru.in/income-tax/delhi-itat-quashes-reassessment-mechanical-approval-section-151.html?utm_source=follow.it Copyright © Taxguru.in The Delhi ITAT quashed the reassessment proceedings initiated under sections 147/148, holding that the mandatory approval under section 151 was granted in

Read more at: https://taxguru.in/income-tax/delhi-itat-quashes-assessment-no-fresh-section-143-2-notice-jurisdiction-change.html?utm_source=follow.it Copyright © Taxguru.in The Delhi ITAT quashed the assessment framed under section 143(3), holding that the successor Assessing Officer, who completed the assessment after

https://taxguru.in/income-tax/delhi-itat-quashes-reassessment-granting-less-mandatory-days-time-section-148a.html?utm_source=follow.it The Delhi ITAT quashed the reassessment proceedings, holding that the notice issued under section 148A(b) was invalid as it granted the assessee less than the mandatory minimum