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Archive: 15 May 2025

Posts in 15 May 2025

Bombay HC Dismiss Revenue’s Claim of ₹33 Lakh Cash Transaction in Land Deal

May 15, 2025 1527 Views 0 comment Print

Bombay High Court dismisses revenue appeal, upholding tribunal finding that seized document alone insufficient to prove ₹33 lakh cash for land.

Consider Unblocking GST Credit on alleged ‘Non-Existent’ Dealer: Madras HC

May 15, 2025 1185 Views 0 comment Print

Madras High Court directs GST authorities to review plea for unblocking electronic credit ledger blocked over input tax credit claims from alleged non-existent dealers.

On Money Additions Based on Uncorroborated Documents & Confessions not sustainable

May 15, 2025 663 Views 0 comment Print

Ahmedabad ITAT upholds deletion of ₹32 crore addition against Nishant Construction, citing lack of evidence & confirming higher court rulings.

Addition based on third-party diary notations without corroboration invalid

May 15, 2025 2355 Views 0 comment Print

ITAT Visakhapatnam dismisses Revenue’s appeal, rules addition based solely on third-party diary notations without corroboration invalid.

ITAT Condones Appeal Delay Due to Non-Service of Order, Flags CIT(A)’s Error on 80P Deduction

May 15, 2025 777 Views 0 comment Print

ITAT Kolkata remands Indian Chain Pvt. Ltd. tax case to CIT(A), citing error in treating private firm as cooperative society; delay condoned.

Refund of Tax paid on Foreign Commission Agents Services: Rajasthan HC Orders Fresh Review

May 15, 2025 489 Views 0 comment Print

High Court remands Banswara Syntex service tax refund case, directs re-examination of foreign agent commission tax under 2007 notifications.

India’s 52nd CJI Hon’ble Mr Justice BR Gavai Finally Takes Oath

May 15, 2025 933 Views 0 comment Print

Justice BR Gavai sworn in as India’s 52nd Chief Justice. Focus areas include addressing case pendency and improving court infrastructure during tenure.

Importance of a Residuary Clause in a Will

May 15, 2025 2952 Views 1 comment Print

Understand the function and importance of including a residuary clause in a will to cover unlisted or later-acquired assets and prevent partial intestacy.

Authorities Must Expedite Adjudication Process: Delhi HC

May 15, 2025 1155 Views 0 comment Print

Delhi High Court rules authorities must conclude tax adjudication promptly. Supreme Court issues notice on challenge to this decision on delayed proceedings.

CESTAT Denies Cash Refund for Unused Credit After Closure of manufacturing activities

May 15, 2025 591 Views 0 comment Print

CESTAT Hyderabad rules unutilised excise credit cannot be refunded in cash upon factory closure, citing Bombay High Court and Supreme Court precedents.

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