The Gujarat High Court, in a recent ruling reiterated the settled principle that reassessment proceedings cannot be sustained when initiated on the basis of borrowed satisfaction. In this case, although the assessee had duly disclosed and paid tax on short-term …
As the due date of 31 October 2025 approaches, thousands of businesses and professionals under audit are anxiously waiting for clarity from the Central Board of Direct Taxes (CBDT). The big question — will the government extend the ITR filing deadline for audit …
In a significant ruling under the Goods and Services Tax (GST) law, the Gujarat High Court granted bail to a taxpayer accused under the Central Goods and Services Tax Act, 2017. The case, reported as 2025 (10) TMI 1069 – …
The Central Board of Direct Taxes (CBDT) has recently provided relief to taxpayers covered under audit by extending the due date for furnishing audit reports and considering further extension of the income-tax return (ITR) filing deadline. For the Assessment Year …
In a significant ruling, the Gujarat High Court quashed a tax reassessment notice issued to Diamond TMT and Procon Private Limited, emphasizing the necessity of a formal transfer order under Section 127 of the Income-tax Act for jurisdictional validity. Case …
In a major relief-oriented move for taxpayers and professionals, the Gujarat High Court, in its order dated 26 September 2025 in the case of Income Tax Bar Association & Another vs. Union of India & Others (R/Special Civil Application No. 13533 of 2025), issued a …
In a major relief to taxpayers and professionals, the Gujarat High Court has directed the Central Board of Direct Taxes (CBDT) to extend the Income Tax Return (ITR) filing due date for audit cases to November 30, 2025. This order follows petitions filed by the All India Federation …
Introduction The issue of refunding unutilised Input Tax Credit (ITC) under the inverted duty structure has long been contentious under GST. A key dispute arose around the July 2022 amendment to Rule 89(5), which corrected the refund formula to include both inputs and input …
The Gujarat High Court has provided significant relief to taxpayers by ruling that clerical errors in GST returns can be rectified, especially when such mistakes are bona fide and cause no revenue loss. In the case of M/s Sanghvi Metal Corporation, the petitioner …
Here’s a refined and clear case analysis of the Gujarat High Court’s judgment dated 10 July 2025, in the case MC Bauchemie India Pvt. Ltd. v. Union of India & Ors., which dealt with proceedings under Sections 73/74 of the CGST Act based solely …
In a significant ruling, the Gujarat High Court in the case of Sampoorna Sugars Pvt. Ltd. v. PCIT [2025] 176 taxmann.com 742 has held that a genuine mistake by a Chartered Accountant in not filing Form 10-IC within the prescribed …
In a significant ruling, the Gujarat High Court has quashed a tax demand issued against Grasim Industries Ltd., citing lack of due diligence and improper application of mind by the income tax department. The judgment came in the matter titled Grasim Industries …
The High Court ruled that irrespective of whether the delay was caused by the assessee or the department, the assessee was entitled to interest at a rate of 6% per annum. In a significant ruling, the Gujarat High Court has …
The Gujarat High Court struck down Paragraph 2(2) of Circular No. 181/13/2022-GST, declaring it ultra vires Section 54 of the GST Act and inapplicable retrospectively. The Gujarat High Court has ruled in favor of Patanjali Foods Ltd., affirming its right …
The Gujarat High Court’s landmark judgment on GST on leasehold land transfers offers a pivotal resolution to industries grappling with unjust tax burdens. Industry stakeholders are now awaiting definitive clarity from the Supreme Court and CBIC on this matter. In …
The issue had been clarified in CBIC Circular No. 179/11/2022-GST, dated August 3, 2022. This circular clarified that the 90% fly ash content requirement applies only to aggregates, not to Fly Ash Bricks or Blocks. On September 25, the Gujarat …
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 …