Tax Law News

Missing Computation Sheet No Ground To Disregard Income-Tax Returns In Motor Accident Claim: Rajasthan High Court

Supreme Court affirms states' power to levy additional sales tax

Supreme Court affirms states' power to levy additional sales tax

Supreme Court 7-Judge Bench Holds Reference On States' Power For Additional Levy On Sales Tax Academic After GST

The Court held that the reference has been rendered infructuous.

How Much Alcohol Can You Legally Store At Home? State Excise Laws Explained

Major setback for ex-CJI YK Sabharwal's sons as SC clears way for tax assessments

Major setback for ex-CJI YK Sabharwal's sons as SC clears way for tax assessments

Supreme Court allows tax reassessment of Sabharwal brothers' share deals

Supreme Court allows tax reassessment of Sabharwal brothers' share deals

Centre extends customs duty exemption on cotton imports till December 31

The Centre has extended the customs duty exemption on cotton imports by two months till December 31, 2026, from the earlier deadline of October 31, to improve raw material availability and ease input costs for the domestic textile and apparel industry.

Allahabad High Court seeks UP reply on 'stillborn' Gangsters Act

Allahabad High Court seeks UP reply on 'stillborn' Gangsters Act

Income Tax Reassessment | S. 292BB Cannot Cure Absence Of S.143(2) Notice Even If Assessee Participated : Supreme Court

GST Credit Blocked: Why Businesses Need Timely Hearing

2026 LiveLaw (SC) 1103 | CHETAN SABHARWAL VERSUS ASSISTANT COMMISSIONER OF INCOME TAX CIRCLE 28(1) NEW DELHI

S. 147 Income Tax | Assessment Can Be Reopened Based On Fresh Material If No Opinion Was Formed In First Instance : Supreme Court

"But where the point was well considered in the original proceedings, reassessment merely because the AO now takes a different view on the same facts is a change of opinion."

2026 LiveLaw (SC) 1100 | PRINCIPAL COMMISSIONER OF INCOME TAX, BHUBANESHWAR VERSUS ORISSA MINING CORPORATION LTD. (with connected matters)

Income Tax | Reassessment Proceedings Can't Be Done If Notice Under S.143(2) Wasn't Issued : Supreme Court

2026 LiveLaw (SC) 1092 | M/S. LAKSHMI SUGAR MILLS CO. LTD. VERSUS COMMISSIONER OF INCOME TAX, DELHI -II

S. 43B Income Tax | Unpaid Excise Duty Cannot Be Disallowed If No Deduction Was Claimed : Supreme Court

Handcuffs Come Off, Leverage Stays: India's Section 69 GST Reform

CBDT introduces Form 173A for tax exemption claims on government securities

The Central Board of Direct Taxes (CBDT) has introduced a new reporting requirement for taxpayers seeking specified income-tax exemptions on interest and capital gains earned from government securities, through Form 173A under the Income-tax Rules, 2026.

2026 LiveLaw (SC) 1049 | THE ASSISTANT COMMISSIONER OF CENTRAL TAX, CGST DIVISION VERSUS SREENIVASA RAO RAVINUTHALA AND ANOTHER

LiveLaw Daily| CJP Custody|Voter Forms| RSS March|Tax Benefits For Same-Sex Couples & More