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Supreme Court: PMLA Is a Continuing Offence, Retrospectivity and Threshold Challenges Held Legally Unsustainable
SC upholds PMLA’s continuing offence doctrine, rejecting retrospective and threshold-based challenges to money laundering prosecutions.
Mar 275 min read
Bombay High Court Reaffirms: CBDT Guidelines Cannot Override Statutory Powers in Tax Compounding Cases
Bombay High Court reaffirms that statutory law prevails over CBDT guidelines in compounding offences under income tax legislation.
Mar 202 min read
Section 153C Validly Invoked on Basis of WhatsApp Chats Corroborated by Evidence: Rajasthan High Court
Rajasthan High Court upholds Section 153C action based on WhatsApp chats corroborated by digital records and cash book evidence.
Mar 204 min read
ITAT: Corporate Restructuring Must Meet All Conditions of Section 2(19AA) to Avoid Capital Gains Tax on Demerger
ITAT rules that failure to transfer liabilities with assets disqualifies a demerger from tax exemption under Section 2(19AA) of the IT Act.
Mar 174 min read
IBC Prevails: The Supreme Court Restricts Premature Writs in Personal Insolvency Proceedings
SC sets aside High Court’s interference in IBC proceedings, affirming that insolvency disputes must follow statutory resolution channels.
Mar 143 min read
Sanction for Prosecution: Did the Supreme Court Overlook Deemed Sanction Under BNSS?
Did the Supreme Court overlook BNSS’s deemed sanction provision? This analysis dissects the ruling's impact on public servant prosecutions.
Mar 45 min read
Delhi High Court: Violation of Section 269ST of the Income-tax Act Does Not Render Contract Void or Bar Recovery Claims
Delhi HC clarifies that cash violations under Section 269ST don't void contracts; unjust enrichment cannot override contractual claims.
Mar 14 min read
Whether Royalty is a Tax or a Fee for Service? A 9-Judge Constitution Bench Answers this Question in a Landmark Ruling, Applicable Retrospectively
SC clarifies whether royalty on minerals is a tax or a fee, reaffirming state powers in a landmark ruling with retrospective effect.
Mar 15 min read
IBC v. PMLA: NCLT Affirms Jurisdictional Limits, Declines to Unfreeze ED-Attached Bank Account
NCLT reaffirms that the IBC cannot override PMLA enforcement; RPs must approach the PMLA authority to unfreeze attached assets.
Feb 284 min read
ITAT Resolves Conflicting Views and Allows Full Deduction of PE Expenses under the Pre-Amended Article 7(3) of the India-UAE DTAA
Special Bench of ITAT rules in favour of Mashreq Bank, allowing full PE expense deductions under pre-2008 India–UAE tax treaty.
Feb 286 min read


From the Finance Act, 2021 to the Decisions in Ashish Agarwal & Rajeev Bansal: Delhi HC Clarifies Key Aspects of Reassessment under the Income-tax Act
The Delhi High Court clarifies reassessment timelines, approvals, and JAO powers under the faceless regime post Finance Act, 2021.
Feb 276 min read
Supreme Court: Statutory Amendments Cannot Retrospectively Extinguish Vested Tax Exemptions
SC rules that statutory amendments apply prospectively and cannot extinguish vested tax exemptions granted under unamended law.
Feb 274 min read
Supreme Court Reinforces Strict Bail Provisions Under PMLA: Strengthening Judicial Scrutiny & Statutory Compliance
The Supreme Court reinforces strict bail conditions under PMLA, setting a crucial precedent in Union of India v. Kanhaiya Prasad.
Feb 265 min read
Karnataka High Court: Coerced Payments During GST Probe Not Constitute Valid Self-Ascertainment Under Section 74(5) of the CGST Act
Karnataka HC holds that GST recoveries made under coercion during probe cannot qualify as self-ascertained payments under Section 74(5).
Feb 215 min read
Retrospective Relief: ITAT Allows TCS Credit to Assessee for Minor’s Clubbed Income Under Section 64(1A)
ITAT rules that TCS credit on a minor’s income, clubbed under Section 64(1A), must be granted to the parent, even before 01.01.2025.
Feb 204 min read
Kerala High Court: GST Officers Cannot Seize Cash Unless It Is Stock-in-Trade
Kerala HC holds GST officers cannot seize cash unless it’s stock-in-trade, reaffirming constitutional limits on tax enforcement powers.
Feb 194 min read
[Madras HC] Proceedings Under Section 153C Declared Void Ab Initio for Lack of Separate Satisfaction Note
Madras HC quashes Section 153C assessments, holding absence of separate satisfaction note renders the proceedings void ab initio.
Feb 183 min read
Supreme Court: Affirms Limits on Section 153C Reassessment Powers under the Income-tax Act
SC upholds HC’s ruling that s. 153C reassessments must be backed by specific incriminating material for each assessment year.
Feb 153 min read
Karnataka High Court on PMLA Search & Seizure: Procedural Safeguards v. Investigative Powers
Karnataka HC rules on PMLA’s procedural safeguards, questioning the legality of search, seizure, and repeated summons by ED.
Feb 135 min read
Bombay High Court: A Strong Stand Against the Misuse of Criminal Law in Contractual Disputes
Bombay HC quashes criminal charges in Rakesh Jain case, ruling that contractual disputes cannot be disguised as money laundering.
Feb 84 min read