In a significant ruling, the Rajasthan High Court mandates the issuance of ‘C’ forms for high-speed diesel procured for mining purposes via inter-state trade, offering a crucial legal perspective on the CST Act’s provisions.
The Kerala High Court rules in favor of Director of Income Tax in Sub Registrar vs Director of Income Tax, asserting that the bonafide impression of AIR submission by a predecessor isn’t a “reasonable cause” for 526-day delay.
The Karnataka High Court instructs to defreeze the bank account of Guard India Secure Services Pvt Ltd after they provide security amidst a service tax dispute with the Union of India.
The ITAT Chandigarh directs reassessment in a case where the appellant, Puran Singh, was unaware of a notice due to its delivery on his counsel’s e-mail ID, leading to the inability to provide explanations on cash deposits.
The bail application of Rajnish Jain, accused in a GST intelligence case involving fake invoices and ineligible input tax credit, has been rejected by the Sessions Judge in Meerut. The judge cited the seriousness of the charges and the gravity of the offense as reasons for the rejection.
The Bombay High Court has directed the Income Tax Appellate Tribunal (ITAT) to re-consider the addition made on account of bogus purchases in the case of PCIT vs. Nitin Ramdeoji Lohia. The court found that the ITAT had dismissed the Revenue’s appeals and allowed the assessee’s appeal based on incomplete investigation and failure to consider relevant documents and evidence.
Court dismissed petitioner’s argument that a show cause notice was invalid due to parallel investigations, noting the investigations concerned a different individual.
Overview and analysis of the ITAT Bangalore’s decision to direct re-adjudication due to the assessee’s unfamiliarity with the ITBA portal in the Krishnan Sivaprasad vs ITO case.
In-depth analysis of the recent Delhi High Court judgement in PCLT Vs Gopal Kumar Goyal, leading to a quashed 300% penalty imposed by the AO due to lack of clear indication on violation of the Income Tax Act, 1961.
he State Goods and Services Tax Department has introduced a new Reference Number (RFN) system to replace the existing Document Identification Number (DIN) for all communications issued to taxpayers and individuals. Circular No. 14/2023 provides guidelines for the implementation and exceptions to this new system. Circular No. 14/2023 highlights the transition from the DIN to […]
