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GST Input Tax Credit Challenges in India: Why ITC Remains the Biggest Compliance Issue
This article explores why Input Tax Credit (ITC) under India's GST regime remains the most significant compliance challenge for businesses.…
MDDP Webinar: B2B Reclassification into Employment: Dispute, Penalties and Tax Impact (VAT & Personal) (July 15)
MDDP is hosting a webinar on July 15 examining the tax consequences of reclassifying B2B contractor relationships as employment arrangements.…
GST Return Default: Calcutta HC Orders Restoration of GSTIN to Protect Livelihood
The Calcutta High Court ordered the restoration of a taxpayer's GST Identification Number (GSTIN) after it was cancelled due to…
Faulty tax calculations cost FBR Rs118b in super tax: Audit Report
Pakistan's Federal Board of Revenue (FBR) suffered a loss of Rs118 billion in super tax revenue due to faulty tax…
Breaking Down The Vote: The High Court Term In Review
A review of the U.S. Supreme Court term examining key rulings with tax implications. The High Court's decisions this term…
Famed Chef Hit With $1M Judgment In Boston Tax Case
A celebrated chef has been hit with a $1 million judgment in a Boston tax case, following legal proceedings related…
Indictment Charges Drug Addiction Treatment Center CEO with Trying to Resell Millions of Dollars Worth of ERCs
A CEO of a drug addiction treatment center has been indicted for allegedly attempting to resell millions of dollars in…
Tax Inspectors Without Borders strengthening tax systems through new South-South co-operation
Tax Inspectors Without Borders (TIWB), a joint OECD and UNDP initiative, is expanding its South-South cooperation model to strengthen tax…
Should Sri Lanka Re-Introduce a Tax Ombudsman?
This article examines whether Sri Lanka should reinstate a Tax Ombudsman, a role previously abolished, to improve taxpayer rights and…
Former Tax Preparer Ordered to Repay $1.4M in ERC Tax Fraud Case in Mississippi
A former tax preparer in Mississippi has been ordered to repay $1.4 million following a conviction related to Employee Retention…
Gujarat HC: Transitional VAT Credit Carried Forward to GST Not Eligible for Cash Refund
The Gujarat High Court has ruled that transitional VAT credit carried forward into the GST regime is not eligible for…
Mexico Tax Court Clarifies Contributions and Dividends
Mexico's Tax Court has issued a ruling clarifying the tax treatment of capital contributions and dividends, providing guidance on how…
The Tax Adviser: IRS outlines AI risks, Circular 230 duties for tax practitioners
The IRS has issued guidance outlining the risks associated with artificial intelligence use by tax practitioners, alongside clarifying professional responsibilities…
GST Day 2026: Telangana Chief Justice Calls for an Amnesty Scheme and Online Dispute Resolution Under GST
On GST Day 2026, Telangana's Chief Justice called for the introduction of an amnesty scheme and an online dispute resolution…
Silent Correction or Legislative Clarification? The Curious Case of “Person” vs “Persons” in the New Income Tax Act, 2025
This article examines a nuanced legislative drafting issue in India's new Income Tax Act, 2025, focusing on whether the use…
Can Section 69C Be Invoked Merely Because Purchases Are Alleged to Be Bogus?
This article analyzes whether Section 69C of India's Income Tax Act — which deals with unexplained expenditure — can be…
Karnataka HC Quashes a Single-Judge Order Directing the State to Pay Contractor’s GST Dues
The Karnataka High Court's division bench has quashed a single-judge order that had directed the state government to pay GST…
Lululemon Targeted In New Shopper Tariff Refund Lawsuit
Lululemon is facing a lawsuit from shoppers seeking refunds on tariffs paid on imported goods. The case targets the retailer…
IRS Signals Preparations for Potential Kwong Refunds as July 10 Deadline Approaches
The IRS is signaling preparations for potential refunds related to the Kwong case, with a July 10 deadline approaching. The…
Recent ECJ and General Court VAT Jurisprudence and Implications for EU Compliance – June 2026
A review of recent European Court of Justice (ECJ) and General Court VAT jurisprudence from June 2026, analyzing key rulings…
A Debit Entry in a Client Account Does Not Constitute Receipt for VAT Purposes
A tax ruling or court decision has determined that a debit entry made in a client account does not constitute…
Right to Deduct VAT and Compliance with Formal Conditions
This article addresses the right to deduct input VAT and the importance of compliance with formal conditions required by tax…
Check when you can expect a reply from HMRC
HMRC has published guidance outlining expected response times for various taxpayer queries and correspondence. The guide helps individuals and businesses…
Tax Notes: Soroban Gets Cool Reception on Limited Partner Argument
A Tax Notes report covers the Soroban Capital Partners case, where the court gave a cool reception to the fund's…
Gujarat AAR: No GST on Compensation for Loss or Damage to Goods Recovered from Transporters
The Gujarat Authority for Advance Rulings (AAR) has ruled that GST does not apply to compensation received for loss or…
Assessment in the Name of a Deceased Person Is a Nullity: ITAT Allows Legal Ground Even If Not Raised Before CIT(A)
India's Income Tax Appellate Tribunal (ITAT) ruled that a tax assessment issued in the name of a deceased person is…
Govt Extends GSTAT Appeal Filing Deadline to July 31 Amid Surge in Portal Filings
The Indian government has extended the deadline for filing appeals before the GST Appellate Tribunal (GSTAT) to July 31, citing…
Priority for Tax Claims Restored in Restructuring
A jurisdiction has restored the priority status of tax claims in restructuring and insolvency proceedings, reversing previous reforms that had…
Life Sciences and the R&D Tax Credit: Why Documentation Matters
This article examines the importance of proper documentation for life sciences companies claiming the R&D tax credit in the US.…
IRS seeks examples of incorrect CP53E notices
The IRS is soliciting examples of incorrect CP53E notices from taxpayers and practitioners. CP53E notices are issued when the IRS…
IRS seeks examples of incorrect CP53E notices
The IRS is soliciting examples of incorrect CP53E notices from taxpayers and practitioners. CP53E notices are issued when the IRS…
CRA Agents Answer Only 17% of Tax Questions Accurately: What Canadian Taxpayers Must Know About the Auditor General and Ombudsperson Reports
Canada's Auditor General and Ombudsperson reports reveal alarming deficiencies in the Canada Revenue Agency's taxpayer services, with CRA agents correctly…
Sales tax advice for the second half of the year from former state auditors
Former state auditors offer sales tax compliance advice for businesses heading into the second half of the year. Drawing on…
European Court T-284/26 (Cerealcom Dolj) – Questions – VAT Interest Proportionality When Counterparty Already Paid VAT
A new case, T-284/26 (Cerealcom Dolj), has been referred to the European General Court raising questions about the proportionality of…
Bombay HC: GST Show Cause Notice to Merged Company Is Legally Invalid
The Bombay High Court ruled that a GST show cause notice issued to a company that had already been merged…
Clients Who Wait for a Financial Audit Notice Pay Far More Than the Engagement Fee
A financial advisory article warns that clients who delay proactive tax and financial planning until they receive an audit notice…
GST: DGTS and ICMAI Organise Webinar on Best Practices for GSTAT Appeals
The Directorate General of Taxpayer Services (DGTS) and the Institute of Cost Accountants of India (ICMAI) jointly organised a webinar…
No Automatic ITC Denial Over Supplier’s Retrospective GST Cancellation: Madras HC
The Madras High Court has ruled that input tax credit (ITC) cannot be automatically denied to a buyer solely because…
Karnataka HC Quashes a Single-Judge Order Directing the State to Pay Contractor’s GST Dues
The Karnataka High Court's division bench quashed a single-judge order that had directed the state government to pay GST dues…
Can Penalty for Concealment Survive If Income Declared in Return Filed Under Section 148 Is Accepted? ITAT Chennai Says No
The Income Tax Appellate Tribunal (ITAT) Chennai ruled that a penalty for concealment of income cannot survive when the income…
Govt Extends Time Limit to File Appeals or Applications Before GST Appellate Tribunal Till July 31, 2026
The Indian government has extended the deadline for filing appeals or applications before the GST Appellate Tribunal (GSTAT) to July…
Undergraduate Student Receives Income Tax Summons Over Rs 20.98 Crore Transactions, Alleges PAN-Aadhaar Misuse by Shell Company
An undergraduate student in India received an income tax summons related to Rs 20.98 crore in financial transactions linked to…
Income Tax Act, 2025 Replaces “May” with “Shall”: Has the Assessing Officer Lost His Discretion?
India's Income Tax Act, 2025 has replaced the word 'may' with 'shall' in provisions governing Assessing Officers, raising significant questions…
HC Upholds MCX Circular Fixing Negative Due Date Rate for Crude Oil
A High Court has upheld a Multi Commodity Exchange (MCX) circular that fixed a negative due date rate for crude…
Appeal Is Not a Mere Formality: ITAT Mumbai Reminds Authorities to Determine the Correct Tax Liability
The Income Tax Appellate Tribunal (ITAT) Mumbai has issued a significant ruling emphasizing that tax appeals are not mere procedural…
HC Holds Time-Barred Assessment Cannot Sustain Penalty Under Section 271(1)(c)
An Indian High Court has ruled that a time-barred tax assessment cannot serve as the basis for levying a penalty…
ITAT Upholds Pass-Through Taxation for Revocable Securitisation Trust Under Income Tax Act
India's Income Tax Appellate Tribunal (ITAT) has upheld pass-through taxation treatment for a revocable securitisation trust under the Income Tax…
ITAT Remands Section 50C Addition After Finding Breach of Natural Justice
India's Income Tax Appellate Tribunal (ITAT) has remanded a Section 50C addition back for fresh adjudication after determining that the…
Comments on ECJ C-603/24 (Stellantis Portugal) – Transfer pricing and VAT: Court confirms in Stellantis that not every true-up constitutes a service
The European Court of Justice ruled in case C-603/24 (Stellantis Portugal) that not every transfer pricing true-up payment constitutes a…
ITAT Directs CPC to Grant Section 87A Rebate on STCG Tax
India's Income Tax Appellate Tribunal (ITAT) has directed the Centralised Processing Centre (CPC) to grant the Section 87A tax rebate…
ITAT Reduces Bogus Purchase Addition to 10% for Civil Contractor, Recognises Lower Industry Margins
India's Income Tax Appellate Tribunal (ITAT) has reduced a bogus purchase addition to 10% of the disputed amount for a…
Senate panel seeks 20-year tobacco tax record after FBR fails to provide data
Pakistan's Senate panel has demanded a 20-year record of tobacco tax collections after the Federal Board of Revenue (FBR) failed…
Tax Court Reviews ‘Cohan Rule’ in New Business Expense Case
The U.S. Tax Court has revisited the Cohan Rule in a new business expense case, examining its application to taxpayers…
2nd Circ. Revives Penalty Collection Fight In $380M Tax Case
The Second Circuit Court of Appeals has revived a penalty collection dispute in a $380 million federal tax case, reinstating…
Authorities Investigating €13M VAT Fraud In Paris Area
French authorities are investigating a €13 million VAT fraud scheme in the Paris area. The case involves suspected fraudulent VAT…
Tax Attys Cite Justices' Venue Ruling In Seeking 4th Circ. Redo
Tax attorneys are citing a recent Supreme Court ruling on venue jurisdiction in seeking a rehearing at the Fourth Circuit…
Herzfeld: “SpaceX Speculation: Who Bears the Risk?”
This article by Herzfeld examines transfer pricing and risk allocation issues related to SpaceX, analyzing who bears economic risk in…
UNIRE Prizes Not Always VAT-Taxable: Registration Is the Decisive Factor
An Italian tax ruling or court decision has clarified that prizes awarded by UNIRE (Italy's horse racing regulatory body) are…
FBR suspends nine Faceless Customs officials in major crackdown
Pakistan's Federal Board of Revenue (FBR) has suspended nine officials from its Faceless Customs Assessment system in a significant disciplinary…
Georgia Tax Preparer Obtained $30,000 from Fraudulent Claims, Feds Say
A Georgia-based tax return preparer has been charged by federal authorities with fraudulently obtaining approximately $30,000 through false tax claims.…
ITAT Restores Unsecured Loan Addition for Fresh Verification by Assessing Officer
India's Income Tax Appellate Tribunal (ITAT) has restored an unsecured loan addition case for fresh verification by the Assessing Officer.…
ITAT Restores Demonetisation Cash Deposit Case for Fresh Rule 46A Examination
India's ITAT has restored a demonetisation-era cash deposit case for fresh examination under Rule 46A of the Income Tax Rules.…
Coca-Cola Meets Sympathetic Judges in $20 Billion IRS Case
Coca-Cola's long-running $20 billion tax dispute with the IRS received a potentially favorable reception from appellate judges, signaling possible relief…
The Role of Contractual Arrangements in Transfer Pricing: Insights from Case Law and Practice
This article examines how contractual arrangements function within transfer pricing frameworks, drawing on case law and practical insights. It explores…
ITAT: Reassessment Beyond Four Years Quashed as AO Reopened Case on Mere Change of Opinion Without Fresh Material
India's ITAT has quashed a reassessment proceeding initiated beyond the four-year limitation period, ruling that the Assessing Officer reopened the…
ITAT Upholds Section 80P Deduction for Co-operative Credit Society, Deletes Section 68 Addition on Cash Deposits
India's ITAT has upheld the Section 80P deduction claimed by a co-operative credit society and simultaneously deleted an addition made…
Telangana HC Allows GST Appeal Against Unsigned Section 73 Assessment Order
The Telangana High Court has allowed a GST appeal challenging an assessment order issued under Section 73 of the GST…
ITAT Allows Broken Period Interest, Rules MAT Inapplicable to Foreign Banks
India's Income Tax Appellate Tribunal (ITAT) has ruled on two significant issues affecting foreign banks operating in India. First, the…
Can the Income Tax Department Tax You for a Transaction That Never Happened? ITAT Says No
India's Income Tax Appellate Tribunal (ITAT) ruled that the Income Tax Department cannot levy tax on a transaction that never…
ITAT Quashes Section 263 Revision Where AO Conducted Detailed Enquiry
India's Income Tax Appellate Tribunal (ITAT) has quashed a Section 263 revision order issued by the Commissioner of Income Tax,…
ITAT Quashes Reassessment Based Solely on Pre-2021 Third-Party Search Material
India's ITAT has quashed a reassessment proceeding that was initiated solely on the basis of third-party search material predating the…
Orissa HC: No GST Demand After Pre-Proceeding Reversal of Wrongly Availed ITC
The Orissa High Court ruled that GST authorities cannot raise a demand for wrongly availed Input Tax Credit (ITC) if…
Section 115BBE Controversy Nearing Closure: Rajasthan High Court Joins the Taxpayer Camp
The Rajasthan High Court has sided with taxpayers in a dispute over Section 115BBE of India's Income Tax Act, which…
ITAT: Assessment Quashed as AO Exceeded Scope of Limited Scrutiny Without Mandatory Approval
India's ITAT has quashed an assessment order where the Assessing Officer exceeded the permissible scope of a limited scrutiny without…
ITAT Quashes Reassessment Notice Issued After 31 March 2022 for AY 2015-16 as Time-Barred
India's ITAT has quashed a reassessment notice issued after 31 March 2022 for Assessment Year 2015-16, ruling it time-barred under…
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