Delhi High Court Slams Tax Dept: ITBA Glitch No Excuse in Boeing Case

The Delhi High Court dismissed the Income Tax Department’s appeal against Boeing’s Indian subsidiary, with Justices V Kameswar Rao and Vinod Kumar rejecting reliance on ITBA portal glitches for invalid assessment orders.

HUF Claim Alone Not Enough Without Documentary Evidence: ITAT Chandigarh

The Income Tax Appellate Tribunal Chandigarh held that merely claiming funds belong to a Hindu Undivided Family is insufficient without documentary proof of their source, holding, and transfer, in a case involving Rs 50 lakh life insurance purchased from alleged agricultural income.

Big Relief for IndiGo: Supreme Court Dismisses Customs Appeal in Rs.2.53 Crore Duty Dispute

The Supreme Court of India dismissed the Customs Department’s appeal in a Rs 2.53 crore duty dispute involving InterGlobe Aviation Ltd. (IndiGo), upholding the Customs Excise and Service Tax Appellate Tribunal ruling that imported aircraft engine stands qualify as “containers,” not “trailers,” under the Customs Tariff.

Bombay High Court: GST Show Cause Notices Must Be Issued Separately for Each Financial Year

The Bombay High Court ruled that show cause notices under Section 74 of the CGST Act must be issued separately for each financial year, as limitation periods differ annually, making consolidated notices across multiple tax periods inconsistent with the statutory framework.

Big Relief for Lalit Modi as ITAT Quashes Rs.20 Crore Tax Reassessment

The Income Tax Appellate Tribunal annulled a reassessment order against Lalit Kumar Modi for AY 2010–11 that had raised his taxable income from Rs 54.81 lakh to Rs 20.12 crore, citing unexplained credit card spending, private jet lease and fuel costs, and Golden Wings liabilities.

GST Recovery Illegal Without GSTAT, Pre-Deposit Must Be Refunded: Karnataka High Court

The Karnataka High Court ordered State tax authorities to refund GST collected from Divyasree Tarbus Builders Private Limited, retaining only the mandatory deposit under Section 112 CGST Act, granting relief under Circular No. 224/18/2024-GST pending GST Appellate Tribunal constitution.

Revision Cannot Be Used as a Tool for Fishing Enquiries or Fresh Investigation: ITAT Grants Relief to Mukul Rohatgi in Rs.133 Crore Income Assessment Case

The Delhi bench of the Income Tax Appellate Tribunal quashed a revision against senior advocate Mukul Rohatgi for AY 2020–21, holding that reopening his Rs 133.46 crore assessment lacked legal basis and could not rest on mere re-inquiry alone.

Property Tax Case: Karnataka High Court Stays Rs.39.56 Crore Recovery Notice Against Chalet Hotels

Chalet Hotels Ltd secured a stay from the High Court of Karnataka against a sale notice issued by the Greater Bengaluru Authority. The dispute concerns alleged unpaid property taxes of Rs 39.56 crore on its Whitefield asset in Bengaluru.

Jane Street Moves the Supreme Court of India, Seeks Clarity on ‘Legal Privilege’ in Major Tax Dispute

US-based trading firm Jane Street faces a tax dispute with Indian authorities, escalating to Supreme Court for “legal privilege” clarity. It seeks protection for confidential private communications, resisting disclosure of internal emails and documents amid tax inquiry.

Adani Power in Focus: Supreme Court Dismisses Centre’s Appeal, Says No Export Duty on DTA to SEZ Transfers

The Supreme Court has ruled that goods moved from Domestic Tariff Areas (DTA) to Special Economic Zones (SEZ) are domestic supplies, not exports. The verdict relieves companies like Adani Power from export duty disputes under the Customs Act, 1962.