The ITAT Delhi deleted the penalty imposed under Section 271B for failure to get accounts audited, ruling that the penalty cannot survive once the original quantum assessment (which determined the high turnover) is set aside. Since the AO later accepted the returned income, the statutory basis for the penalty lapsed.
An analysis of CBIC Circular 254/11/2025-GST questioning its legal validity to assign proper officers for Section 122 GST penalties via a circular, not the Act or rules.
The Supreme Court mandated specific performance for a property sale, ruling that the vendor’s acceptance of an extra payment after the initial period expired constituted a waiver of the right to terminate. The Court restored the sale decree, affirming that time is not automatically the essence in immovable property contracts.
Andhra Pradesh HC rules GST assessment orders without a Document Identification Number (DIN) are invalid, but remain effective and enforceable until set aside.
Madras HC rules single GST show cause notice/assessment order for multiple financial years is impermissible. Each year requires a separate notice.
Delhi High Court quashes 17-year-old attempt to murder FIR against Madhu Kishwar, citing it as a “maliciously motivated counter blast” by the complainant.
CAAR Mumbai confirms Inductors, Chip Inductors, and related products are correctly classified as Other Inductors under Customs Tariff Item 85045090. This classification is based on the General Rules for Interpretation and Section XVI Notes.
:While the Customs Broker was negligent in exercising due supervision over its employee, permanent revocation of licence was an excessive penalty. Applying the principle of proportionality, the revocation was modified to a limited period of four years with specific monetary deposits and compliance conditions.
CBIC’s Notification 61/2025-Customs amends the Sea Cargo Manifest Regulations, 2018. The new rule extends the deadline at Sr. No. 6 of the TABLE to December 31, 2025.
The strict 4-month statutory limitation period for filing a GST appeal under Section 107 could not be condoned, as the provision created a special regime that excluded the general principles of condonation of delay under the Limitation Act.
