SC Upholds ITC Denial on Tax-Free Sales Under UPVAT Act
INTRODUCTION On April 9, 2025, the Supreme Court of India took up a matter connected to Neha Enterprises, a dealer who’s Input Tax Credit (ITC) u
Admitted vs. Undisclosed Income: Judicial Insights into Penalty Discretion”
Case Name: K. Krishnamurthy Vs. The Deputy Commissioner of Income Tax Case Number: Civil Appeal No. 2411 of 2025 Date: 13 Feb,2025 Quorum: Justic
Tax Offences Committed before Show-cause Notice Can be Treated as First Offence and Compounded
Introduction In a major relief to taxpayers, the Supreme Court of India has held that tax offenses committed prior to the issuance of a show-cause
TAX PLANNING STRATEGIES FOR INDIVIDUALS AND BUSINESSES
ABSTRACT Individualised tax planning is a fundamental element of financial management, whereby families and corporations strive to optimise
FAITH UNDER SCRUTINY: TAX IMPLICATIONS FOR CHARITABLE TRUSTS
Case Name: Shri Saibaba Sansthan Trust (Shirdi) v. Union of India & Ors. Case Number: Writ Petition No. 4817 of 2022 Date: December 20, 2024 Qu
