The Karnataka AAR is examining the GST classification for AB Mauri’s Cake Gel, a bakery additive, to determine if it qualifies for a lower tax rate.
Gujarat GST Appellate Authority allows Input Tax Credit on a factory’s concrete tower construction, ruling it is part of plant and machinery.
Gujarat AAAR upholds GAAR decision declaring I-Tech Plast’s 2021 GST ruling void for non-disclosure of material facts during application.
CCI orders investigation into RCFL over alleged tying of other fertilizers with Urea sales in Maharashtra, citing possible abuse of dominance.
ITAT Ahmedabad remands a case to the CIT(A) for a third time, citing a failure to follow binding directions in a dispute over a bogus purchase.
The Ahmedabad ITAT has quashed a revision order, ruling that no revision is possible when the underlying reassessment order was invalid due to improper sanction.
The Ahmedabad ITAT has deleted additions for unexplained investments and partners’ capital, ruling that the firm had provided sufficient proof of the partners’ creditworthiness.
ITAT Mumbai has set aside a CIT(A) order for deciding an unrelated issue, and has restored the appeal for a fresh adjudication based on the original grounds.
The Mumbai ITAT has remanded a tax case, ruling that the AO was duty-bound to refer a valuation dispute to a DVO under Section 50C(2).
The Bombay High Court rules that for Section 32AB deductions, profit must be based on the Profit & Loss Account finalized under the Companies Act, not on adjusted figures.