Curated legal news, case breakdowns, and workflow tips for fast-moving practitioners.
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In a major relief, ITAT Jaipur held that a middleman in a property deal cannot be taxed on forfeited advances under Section 56(2)(ix) of the Income Tax Act. The Tribunal clarified…
In a landmark ruling, the Supreme Court held that under Section 4 of the Central Excise Act, transaction value only determines the quantum of excise duty — not excisability. The L…
Gujarat High Court rules that VAT on hospital medicines, implants, and consumables is unconstitutional. The judgment protects hospitals and patients from ₹1,000 crore tax liabilit…
In a landmark judgment, the Bombay High Court quashed a ₹27.91 crore tax assessment after finding that AI-generated fake case laws were used. The Court cautioned tax officers agai…
The Supreme Court is examining the applicability of GST on leasehold rights, a crucial case that could significantly reshape real estate taxation in India.