In today’s interconnected world, global trade and cross-border investments are the backbone of economic growth. No nation remains entirely self-reliant—countries rely on imports, exports, and foreign capital to drive their economies. However, this interdependence has led to complex tax issues, particularly double taxation, where the same income is taxed in more than one country. To […]
This article examines applicability of Section 194Q of Income-tax Act, 1961 to purchase of electricity — a significant development in Indian tax landscape.
Calcutta High Court remands Surekha Shah’s GST appeal back to Appellate Authority, citing marginal delay and non-constitution of appellate tribunal, for a merits-based decision.
Punjab & Haryana High Court rules interest on land acquisition compensation is income from other sources, not capital gains, post-2010 IT Act amendments.
Delhi High Court upholds ITAT ruling: Cloud service subscription payments to foreign firms are not taxable as royalty under DTAA or Income Tax Act.
Delhi High Court allows Blackmelon Advance Technology Co. to appeal a Rs. 54 lakh GST demand despite missed deadlines, citing lack of SCN knowledge.
Allahabad High Court orders release of mustard seeds consignment on deposit of tax and penalty, without ruling on the merits of the GST detention.
Allahabad High Court overturns penalty on Nokia Solutions for incomplete e-way bill. Court rules mere procedural lapse without tax evasion intent doesn’t warrant penalty, citing matching invoices and relevant judicial precedents. Learn more about the crucial verdict.
Karnataka High Court held that recovering amount in excess of 20% of total demand during pendency of appellate proceeding is impermissible in law. Accordingly, department directed to refund entire amount in excess of 20% with interest.
This article examines five pivotal cases that have shaped jurisprudence on GST recovery, highlighting procedural safeguards and limitations on departmental powers.
