Only exports routed through foreign post offices enabling electronic processing qualify. This strengthens system-based ...

Where funds were merely routed through the assessee’s bank account, the tribunal ruled that only commission income is taxable ...

Delhi High Court held that discrepancy in counting of notes and in some serial numbers cannot be reason for acquittal since ...

The Court held that the AAR needs only a prima facie view to reject an advance ruling application. The key takeaway is that High Courts should not decide merits at the admission ...

The dispute involved additions of partners capital treated as unexplained cash credits. The Tribunal did not rule on merits but remanded the matter due to procedural violation by the appellate ...

Headings and provisions are harmonised to include section 84 entries. The key outcome is uniform treatment across export ...

The case involved a cash seizure treated as unexplained solely because the tax officer assumed no response was filed. The ...

References to bills of export now include electronic section 84 entries processed on the automated system. This ensures postal exporters are not excluded due to procedural ...

Registrations from December 2025 will follow a restructured entrance test with a compulsory induction programme. The decision aims to standardise early professional ...

The tribunal held that taxing the full sale consideration as short-term capital gain without allowing cost of acquisition is legally incorrect. Capital gains must be computed on net gains, not gross ...

The tribunal held that reassessment under Section 153C cannot stand without valid satisfaction as mandated by law. Failure to examine this jurisdictional issue vitiates the ...

Tariff values for precious metals and key edible oils have been reset through substituted tables. This provides clarity and uniformity in valuation where ...