PCIT Vs Colo Colour Pvt. Ltd. (Bombay High Court) Bombay High Court in PCIT vs Colo Colour Pvt. Ltd. examined the validity of penalty levied under Section 271(1)(c) of the Income Tax Act, 1961, in the context of alleged bogus purchases claimed by the assessee. The appeal arose from an order dated 31 July 2020 […]
Bombay High Court held that freight reimbursed by wholesalers to Parle Products Ltd. is not part of the sale price, affirming that sales tax cannot be levied on such charges.
The Customs, Excise and Service Tax Appellate Tribunal (CESTAT) in Kolkata has ordered the release of ₹15 lakh seized by Customs, finding contradictions in the Show Cause Notice regarding the location and time of the seizure.
The Supreme Court of India has ordered the Central Bureau of Investigation (CBI) to probe the authenticity of a B.Com degree presented by an advocate, Naresh Dilawari, after Magadh University declared it to be forged. The court’s order follows a dispute where the degree’s veracity was challenged, leading to the CBI being tasked with investigating and submitting a report.
The court quashed the appellate authority’s order that dismissed an appeal due to a pre-deposit made via this method, citing precedents from the Gujarat High Court and Supreme Court.
In Bala Ji Medical Ajency vs. State of U.P., the Allahabad High Court found that a GST show cause notice that provided conflicting deadlines was invalid, leading to the reversal of the firm’s registration cancellation.
The Andhra Pradesh High Court has invalidated GST assessment orders against RCC Engineering due to the absence of the assessing officer’s signature. The decision relies on judicial precedent.
The Telangana High Court granted pre-arrest bail to three accused individuals in a GST Input Tax Credit (ITC) fraud case involving forged e-way bills and delivery challans.
The Delhi High Court has ruled that a Jurisdictional Assessing Officer can initiate reassessment proceedings, citing a prior judgment that found concurrent jurisdiction with Faceless Officers.
Allahabad High Court rules that transporting goods for weighment does not exempt the requirement of GST documents. Penalty under Section 129(3) is upheld.
