Supreme Court Holds Assessing Officer Cannot Reopen Matters Finally Settled by Income Tax Settlement Commission: Finality of Tax Settlements Cannot Be Defeated Through ReassessmentBy Anvita DwivediSeptember 16, 2026 The Supreme Court has reaffirmed a fundamental principle governing tax settlements: once the Income Tax Settlement Commission has passed a…
Supreme Court Clarifies Limits of Reassessment Under Income Tax Act: ‘Reason to Believe’ Cannot Become a Tool for Endless Tax ScrutinyBy Anvita DwivediMay 18, 2026 In a significant ruling on the scope of reassessment proceedings under the Income Tax Act, the Supreme Court has revisited…
Supreme Court to Examine Tax Deduction on Late PF, ESI Deposits by EmployersBy Law Files OfficeJanuary 30, 2026 The Supreme Court has agreed to examine a long-standing and contentious issue under income tax law regarding whether employers can…
