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Section 16(2)(c) and 180 Day Rule: How GST Makes Genuine Buyers Pay Twice

The article explains how buyers can lose Input Tax Credit even after paying suppliers on time if the supplier fails to deposit GST with the Government. The post Section 16(2)(c) and 180 Day Rule: How GST Makes Genuine Bu

TaxGuru · 9 May 2026

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ITAT Indore Remands TDS Credit Dispute for Verification of Form 16A and Form 26AS

ITAT Indore set aside the appellate order denying TDS credit after the assessee produced Form 16A and Form 26AS showing deduction and payment of tax by the deductor. The matter was remanded to the Assessing Officer for v

TaxGuru · 9 May 2026

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Place of supply under GST regarding Immovable Property Services with FAQs

The article explains that architectural, accommodation, and related immovable property services are governed by Section 12(3) of the IGST Act. It clarifies that the place of supply is linked to the property location rath

TaxGuru · 9 May 2026

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ITAT Allows Section 54F Deduction as Demolished Property Was Not Habitable

The ITAT Ahmedabad held that a demolished and uninhabitable structure could not be treated as a residential house for Section 54F purposes. The Tribunal upheld the assessee’s eligibility for capital gains exemption. The

TaxGuru · 9 May 2026

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SARFAESI Trust Income Taxable in Hands of SR Holders as Trust Was Revocable: ITAT Mumbai

The ITAT Mumbai ruled that income earned by a securitisation trust created under the SARFAESI Act was taxable in the hands of Security Receipt holders because the trust qualified as a revocable trust under Sections 61 to

TaxGuru · 9 May 2026

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ITAT Deletes Section 50C Addition as Stamp Value Difference Was Within 5% Safe Harbour

The ITAT Indore held that Section 50C could not be invoked where the difference between actual sale consideration and stamp duty valuation was only 1.19%. The Tribunal directed adoption of actual sale consideration as th

TaxGuru · 9 May 2026

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Filing of Form 10-IE for New Tax Regime Is Directory, Not Mandatory: ITAT Ahmedabad

The ITAT Ahmedabad held that Form 10-IE filed along with the return could not be ignored merely because it was not filed within the due date under Section 139(1). The Tribunal directed CPC to recompute tax under the new

TaxGuru · 9 May 2026

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Delayed Form 10DA Filing Cannot Defeat Genuine Section 80JJAA Claim: ITAT Hyderabad

ITAT Hyderabad held that deduction under Section 80JJAA cannot be denied merely because Form No. 10DA was filed late due to technical glitches on the income tax portal. The Tribunal noted that the form was available with

TaxGuru · 9 May 2026

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