The court ruled that genuine purchasers cannot lose ITC because a supplier failed to deposit GST. Section 16(2)(c) must be applied only to fraudulent or collusive cases.
Learn how PPIRP under IBC Chapter III-A offers a fast, consensual insolvency solution for MSMEs, emphasizing management continuity and creditor-approved resolution plans.
Courts have ruled that notices or orders issued by a Jurisdictional AO under the faceless regime are void due to lack of authority. Jurisdictional defects are incurable, and taxpayers should raise objections early to secure annulment.
ITAT Hyderabad held that notices under Section 148 issued on 01.04.2021 without following mandatory Section 148A procedures are invalid. The Tribunal quashed reassessment orders, emphasizing that procedural compliance is jurisdictional and essential.
The issue was whether an assessment could be reopened after four years. The Court held that full disclosure by the taxpayer barred reassessment under Section 147.
The court held that reopening beyond the permissible period was invalid where full disclosures were made and no new material emerged. Reassessment based solely on existing records was ruled time-barred.
The deadline for completing mandatory CPE hours for 2025 has been extended by three months. Members get additional time to comply without triggering non-compliance consequences.
This case examines whether courts can review GST classifications when public health concerns are raised. The key takeaway is that courts may prompt institutional review but cannot directly alter tax rates.
The Tribunal held that earning income as a percentage of hospital turnover is commercial, not charitable. Section 80G approval was rightly denied for lack of genuine charitable application.
The High Court quashed a reassessment for A.Y. 2015–16 where the Section 148 notice was issued after 1 April 2021. Relying on the Revenue’s binding concession before the Supreme Court, all consequential actions were set aside.
