Delhi High Court Orders Release of Seized Jewellery, Cash After Family Agrees To Pay ₹2.5 Crore Advance Tax

The Delhi High Court has directed the Income Tax Department to release the jewellery and cash seized from a family's house, after the latter agreed to deposit advance tax towards their probable tax liability arising from a search operation.A division bench of Justices Dinesh Mehta and Vinod Kumar passed the order while disposing of writ petitions filed by members of a family whose jewellery...

ITAT Jaipur Gives Taxpayer One More Chance To Disown Account Linked To His PAN In Unexplained Cash Deposit Case

The Income Tax Appellate Tribunal (ITAT) at Jaipur has remanded a case involving a Rs 76.31 lakh tax addition, holding that the taxpayer should be given one more opportunity to establish that a disputed bank account linked to his PAN did not belong to him. A coram of Judicial Member Narinder Kumar and Accountant Member Annapurna Gupta said the issue warranted closer examination, and...

ITAT Mumbai Strikes Down ₹2.70-Crore Reassessment Against Kalpataru Based On Employee Statements

The Mumbai Bench of the Income Tax Appellate Tribunal has deleted a Rs 2.70-crore income tax addition made against Kalpataru Projects International Ltd, holding that purchases cannot be treated as bogus only on the basis of employee statements recorded years later, without any incriminating material being found in a search. The bench, comprising Accountant Member Om Prakash Kant and...

ITAT Allows ₹772 Crore Business Loss Claim Of Flipkart Group Firm Instakart

The Bengaluru Bench of the Income Tax Appellate Tribunal (ITAT) has allowed Instakart Services Pvt. Ltd., a Flipkart group logistics company, to claim Rs 772.25 Crore in business losses. The ruling sets aside tax disallowances for Assessment Years 2016-17 to 2018-19. In an order dated December 18, 2025, Judicial Member Keshav Dubey and Accountant Member Waseem Ahmed held that the losses...

GST Payable On Reimbursed Foreign Patent Attorney Fees For Overseas Patent Filings: West Bengal AAR

The West Bengal Authority for Advance Ruling (AAR) has clarified that reimbursement of fees paid to foreign patent attorneys for overseas patent filings constitutes a taxable 'import of legal services' and attracts GST in India.A coram comprising Shafeeq S, Joint Commissioner (Member- Central Tax) and Jaydip Kumar Chakrabarti was examining a dispute arising from patent filings made in Japan,...

GST Not Payable On Waste Management Services Provided To Govt-Owned Clean Kerala: AAR

The Kerala Authority for Advance Ruling (AAR) has ruled that solid waste management work carried out for Clean Kerala Company Limited is not taxable under GST, after finding that Clean Kerala is a government-owned company performing municipal functions. The ruling came on an application filed by Tiffot Private Limited, which handles the collection, transport, processing and disposal...

GST Payable On Payment Made By VSSC To Manpower Supplier During Lockdown Despite No Work: Kerala AAR

The Kerala Authority for Advance Ruling (AAR) has ruled that GST is payable on payments made by the Vikram Sarabhai Space Centre to a manpower supplier during the COVID-19 lockdown, even though no physical services were rendered. The ruling came on wages and interim payments received between 23 March 2020 and 31 May 2020, when work was suspended due to the nationwide lockdown. A...

GST Leviable On Exam Fees Collected By Devaswom Recruitment Board : Kerala AAR

The Kerala Authority for Advance Ruling has ruled that examination fees collected by the Kerala Devaswom Recruitment Board attract GST. It said the Board must register under GST once its annual turnover crosses Rs 20 lakh. The ruling was delivered by a coram comprising Jomy Jacob, Additional Commissioner of Central Tax, and Mansur M. I., Joint Commissioner of State Tax. The Recruitment...

GST | Wrong-State Tax Payment Triggers ₹10.91 Lakh Refund Fight For Vodafone Idea

What began as a wrong-State GST payment has snowballed into a Rs 10.91 lakh refund dispute for Vodafone Idea Ltd. (Vi), after the Delhi GST Department rejected its refund claim. On Wednesday, the Delhi High Court declined to intervene, noting that the dispute turned on how the refund period was selected while filing the application. The case arose after Vi mistakenly paid State GST under...

Income Tax | Tax Commissioner Cannot Revise Assessment On Wrong Assumption Of Amalgamation: Madras High Court

The Madras High Court has held that the Income Tax Department cannot invoke its revisionary powers under Section 263 of the Income Tax Act by proceeding on an incorrect assumption about the nature of a transaction. The court ruled that such powers cannot be exercised where a demerger is wrongly treated as an amalgamation. Dismissing the revenue's appeal, a bench of Justices Anita Sumanth...

LiveLawBiz: Business Law Daily Round-Up: January 08, 2026

IBC NCLAT Limits Ansal Properties' Insolvency To Sushant Golf City and Rajasthan ProjectsFunding Rival Bids, Using Same IP Proves Bid Rigging, NCLAT Upholds CCI Penalty Against Klassy EnterprisesCalling Guarantor 'Director' In SARFAESI Notice Doesn't Invalidate Invocation Of Guarantee: NCLATNCLAT Upholds Eviction Of Subsidiaries From Corporate Debtor's Properties During LiquidationBank...

Transfer Pricing | Delhi High Court Faults DRP For Merely Endorsing TPO's Conclusions Without Independent Findings

While dealing with the Income Tax Department's appeal in a transfer pricing case, the Delhi High Court has flagged that the Dispute Resolution Panel (DRP) failed to discharge its statutory duty by merely approving the conclusions of the Transfer Pricing Officer (TPO) without recording independent findings.A Division Bench of Justices V Kameswar Rao and Justice Vinod Kumar made the observation...