Guwahati HC directs GST authority to review Moni Kanta Das’s case for registration reinstatement, contingent on due payment.
Orissa High Court allows revocation of cancelled GST registration despite delay, subject to full payment of tax dues. Relief granted citing earlier precedent.
NPCI updates NACH mandate cancellation, enabling any sponsor bank to process. Banks/corporates responsible for data accuracy and confirmation. Effective 4/4/25.
CESTAT Delhi held that exemption notification 146/94-Cus doesn’t state ‘Actual User’ condition. Accordingly, confiscation of imported arms and ammunitions is liable to be set aside.
Madras HC allows GST appeal, ruling DRC-03 pre-deposit valid, despite DRC-03A introduction; directs re-consideration.
India’s Commerce Department instructs SEZ Development Commissioners to submit detailed monthly performance reports by the 9th of each month.
Uttarakhand HC allows GST revocation if full tax, interest, and penalty dues are paid. Court directs timely action by both assessee and tax authority.
Bombay High Court upholds disallowance of short-term capital loss in Trends Pharma case, finding the share transaction a sham to avoid tax.
ITAT Pune held that estimation of profit at 8% in case of contract work for government department, by taking provisions of section 44AD of the Income Tax Act as parameter, is justifiable. Accordingly, order of CIT(A) uphold.
ITAT Ahmedabad rules selective addition under section 69B for cash deposits during demonetization period as unjustified, allowing taxpayer’s appeal.