Supreme Court Directs Centre to Avoid Threats & Coercion during Search & Seizure for GST recovery

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The court stressed the importance of adhering strictly to legal procedures, particularly in cases involving arrests under section 69 of the GST Act. In a significant directive, the Supreme Court has instructed the Centre to refrain from using threats or …

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GST on Corporate Guarantee: Punjab & Haryana HC Temporarily Halts GST on Corporate Guarantee

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The court has granted temporary relief, allowing companies served with show cause notices based on the contentious circular on GST applicability on corporate guarantee, to challenge them in court. GST on Corporate Guarantee: In a significant development, the Punjab & …

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Supreme Court Declines Vyapar Mandal’s Plea Against 45-Day Pay Rule in Income Tax Act

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The supreme court advised MSMEs associated with Vyapar Mandal to seek relief through the respective high courts if needed. In a recent development, the Supreme Court dismissed a petition by the Federation of All India Vyapar Mandal contesting the constitutionality …

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Bombay High Court: Income Tax Authority Advised to Avoid Over-Analysis for Smooth Justice Delivery

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High Court, which quashed the assessment order and directed a fresh assessment, ensuring due consideration of the petitioner’s deduction claim under Section 80IB(10). In a recent ruling, the Bombay High Court emphasized the importance of avoiding over-analysis by the Income …

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Visakhapatnam ITAT Overturns Addition Under Section 69A When Taxpayer Adequately Explains the Source of Cash Deposit

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ITAT Visakhapatnam Ruling in case of Konathala Nooku Naidu verses ITO/ case No. I.T.A. No.269/Viz/2023 In a recent decision, the Visakhapatnam Income Tax Appellate Tribunal (ITAT) has ruled in favour of a taxpayer, directing the deletion of an addition made …

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Delhi ITAT Rules: Disallowance of Expenditure Doesn’t Automatically Lead to Penalty

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ITAT highlighted that the imposition of penalties under Section 271(1)(c) should not be automatic, but rather based on a careful consideration of the circumstances. ITAT Delhi Ruling: In a significant ruling, the Delhi Income Tax Appellate Tribunal (ITAT) emphasized that …

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ITAT Ahmedabad Rules that Unexplained Expenditure Triggers Deeming Provisions of Section 69

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The ITAT also clarified that a mere transfer of Property through a registered sale, without the buyer making the payment to the seller, cannot lead to an addition. The Ahmedabad Income Tax Appellate Tribunal (ITAT) recently made a significant ruling …

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Madras High Court Grants Relief to L&T in GST ITC Dispute due to Mismatch Between GSTR-2A & GSTR-3B

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Madras High Court Ruling in case of L&T ITC Dispute In a recent development, the Madras High Court has delivered a significant ruling favouring Larsen & Toubro (L&T) by overturning a Goods and Services Tax (GST) order. This decision has …

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Supreme Court Grants Relief to GST Officials by Quashing Gujarat HC’s Comments

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The Supreme Court emphasized that such premature opinions could compromise both prosecution and defence if left unaddressed. The Supreme Court came to the rescue of GST officials by overturning critical remarks made by the Gujarat High Court in an interim …

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Delhi High Court Rules that a False Field Visit Report Can’t be the Ground of GST Registration Cancellation

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The Delhi High Court acts as a protection against arbitrary cancellations of GST registration based on inaccurate field visit reports. In a recent case of Gulab Nagar v. Assistant Commissioner [W.P No. 3383 of 2024 on March 06, 2024], the …

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Delhi High Court Orders Re-adjudication for Taxpayer’s Inability to Respond to GST Show Cause Notices

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The vulnerabilities in the system prompted the High Court to intervene and rectify the injustice caused by technical glitches in this case. Mr. Rohit Gupta, representing Polytec Industries, contested in the High Court, against an order from the Delhi Goods …

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Delhi ITAT Cancels Re-assessment Order Due to Lack of Tangible Evidence of Escaped Income

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The ITAT dismissed the revenue’s petition, finding that the AO failed to establish a clear link between the tangible material and the conclusion of escaped income. In a significant ruling, in case of Surender Dalai vs ITO [I.T.A No.7714/Del/2029], the …

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