Explains how the fast-track insolvency process accelerates resolution for eligible companies and the key legal principles governing ...

The Karnataka High Court held that blocking electronic credit ledger under Rule 86A without a prior hearing and independent reasons violates natural justice and is unsustainable in ...

SC held that disciplinary action cannot be taken against judges solely for alleged errors in judicial orders. Ruling underscores that independence and fearlessness of trial judges are vital to rule of ...

Courts have ruled that notices or orders issued by a Jurisdictional AO under the faceless regime are void due to lack of authority. Jurisdictional defects are incurable, and taxpayers should raise ...

The issue was whether an assessment could be reopened after four years. The Court held that full disclosure by the taxpayer barred reassessment under Section ...

The court ruled that genuine purchasers cannot lose ITC because a supplier failed to deposit GST. Section 16(2)(c) must be ...

Learn how PPIRP under IBC Chapter III-A offers a fast, consensual insolvency solution for MSMEs, emphasizing management continuity and creditor-approved resolution ...

This case examines whether courts can review GST classifications when public health concerns are raised. The key takeaway is that courts may prompt institutional review but cannot directly alter tax ...

The court held that reopening beyond the permissible period was invalid where full disclosures were made and no new material emerged. Reassessment based solely on existing records was ruled ...

The High Court quashed a reassessment for A.Y. 2015–16 where the Section 148 notice was issued after 1 April 2021. Relying on the Revenue’s binding concession before the Supreme Court, all ...

The Tribunal held that earning income as a percentage of hospital turnover is commercial, not charitable. Section 80G approval was rightly denied for lack of ...

The issue was wrongful denial of GST refunds by branding exporters as intermediaries. The key takeaway is that independent service providers exporting on their own account are not ...