Court’s ruling emphasized that when a registered person asserts their eligibility for ITC claim with reference to GSTR-2A and GSTR-9 returns, the assessing officer must thoroughly examine the validity of the claim Legality of Assessing ITC Claim Solely based on …
ITC Claims Should not be Dismissed merely due to Administrative Actions such as the Retrospective Cancellation of Supplier’s GST Registration In a recent ruling on Writ Petition No.3505 of 2024 and W.M.P.Nos.3758 & 3759 of 2024, the Madras High Court …
CGAS deposit is not a mandatory requirement for claiming capital gain deductions, if it has been invested within the prescribed time limit under section 54(1) of the Income Tax Act for the purchase or construction of a new property Relevance …
ITAT emphasized the importance of procedural correctness and evidentiary standards in tax assessments The recent ruling by the Income Tax Appellate Tribunal (ITAT) Chennai has brought relief to Prakash Ferrous Industries Private Limited (I.T.A No.623/Chny/2023), dismissing the appeal by the …
Madras High Court Ruling: 100% Penalty not Leviable when SCN Issued under Section 73 Penalty under GST: In a recent decision by the Hon’ble Madras High Court on January 31, 2024, in the case of K.S. Janarthanam v. Deputy State …
Learn about the recent ruling by the Allahabad High Court regarding application of self-certified copy of order in filing of appeals electronically under Section 107 of the CGST Act, 2017, and Rule 108 of the Rules, 2017 Requirement of Self-Certified …
Court stated that the requirement for submitting a written reply to SCN and the opportunity for an oral hearing are independent of each other Legality of Restricting Personal Hearing on Failure of Replying SCN: In a recent ruling on 12 …
Constitutional Validity of Time Limit on Input Tax Credit u/s.16(4) of CGST Act 2017 has been challenged in the Supreme Court Constitutional Validity of Time Limit on ITC in Challenge: In a significant legal development, the Supreme Court of India …
The High Court has deemed it necessary to conduct further examination of the case and has scheduled the next hearing for February 22, 2024 In a recent development, the Gauhati High Court has issued an interim stay on a Show …
Orissa High Court Asks AAAR to Revisit its Ruling of GST Levy on Go Cool The Orissa High Court has made a significant ruling overturning the decision of the Appellate Authority of Advance Rulings (AAAR) regarding the Goods and Services …
Supply of medicines, drugs, consumables, and food to in-patients of a hospital will be considered a composite supply under the GST regime – Karnataka AAR In a recent ruling by Karnataka Authority for Advance Ruling (KAAR), it has been clarified …
The Court affirmed the department’s right to initiate such proceedings based on material presented to the court In a recent landmark decision, the Gujarat High Court upheld the legality of search and seizure operations carried out by the Income Tax …
Madras HC: Clustering Show Cause Notices Goes Against the Spirit of Section 73 of CGST Act Validity of Clustering Show Cause Notices: In a recent judgement in case of Titan Company Ltd vs Joint Commissioner of GST & Central Excise …
SLP was Filed in Supreme Court Against a Recent Verdict of Delhi HC Upholding the Constitutional Validity of Anti-Profiteering Provisions The Supreme Court has taken a significant step by issuing a notice to the central government concerning the provisions of …
Supreme Court Order for Vardan Associates Pvt Ltd In a recent landmark judgment, the Supreme Court of India addressed penalties imposed for transporting goods after the expiry of E-way bill validity. The case of Vardan Associates Pvt Ltd. vs. Assistant …
Court Upheld the Applicability of GST on Transfer of Land development Rights under JDA, Distinguishing it from Sale of Land GST on Transfer of Land Development Rights: In a significant development, the Telangana High Court has rejected a writ petition …
Penalty Cannot be Imposed u/s.129 If all Dues of Tax are Already Paid In a landmark legal development, the Calcutta High Court quashes a penalty order on 1 February 2024, in the case of Mohammad Shamasher vs. State of West …
ITAT Kolkata: Income Tax Exemption under Section 10 (23C)(vi) Allowed on Gross Receipts Including Rental Income I-T Exemption on Educational Income: In a recent decision on 1.12.23, the Kolkata bench of the Income Tax Appellate Tribunal (ITAT), in Case no.498/Kol/2023, …
Delhi High Court upholds Constitutional Validity of GST Anti-Profiteering Provisions Constitutional validity of Anti-Profiteering Provisions: In a significant development, the Delhi High Court, led by Acting Chief Justice Manmohan and Justice Dinesh Kumar Sharma, has affirmed the constitutional validity of …
The Orders were annulled by Court and Cases were Remitted Back to 2nd Respondent for a Fresh Decision In a recent legal development, the Kerala High Court, in the case of V G Suresh vs CIT [W.P(C)No.41507/203], has nullified an …