The Gujarat High Court stayed a tax adjudication order after discovering that the officer relied on inaccurate case law citations without independent verification.
Courts have clarified that Section 79 of the GST law is a recovery mechanism that can be invoked only after tax liability is adjudicated or self-assessed and remains unpaid.
The document outlines a certificate format where the recipient confirms reversal of Input Tax Credit related to credit notes issued for post-supply discounts and sales returns under GST law.
The GST law permits inspection, search and seizure only when a senior officer has reasonable grounds to suspect tax evasion, ensuring safeguards for taxpayers.
The High Court questioned administrative restrictions limiting the number of people offering Namaz on private property. It held that the State’s role is to maintain law and order, not restrict lawful religious worship.
Conversion from a private company to LLP is permitted when eligibility conditions such as no outstanding loans or disputes are satisfied. The process involves board approval, shareholder resolution, and filings with the Registrar of Companies.
The Gazette of India published the Food Safety and Standards (Licensing and Registration of Food Businesses) Amendment Regulations, 2026 on 10th March 2026. It came into force on the date of publication itself. The gazette has now been followed by an implementation order dated 13th March 2026 setting revised turnover thresholds effective 01.04.2026. The news […]
The Supreme Court ruled that Section 66 of the Companies Act does not require a valuation report from a registered valuer for capital reduction schemes. The Court upheld the reduction after finding the process fair and compliant with statutory safeguards.
The GST Appellate Tribunal has become operational, completing the GST dispute resolution framework. Taxpayers can now file second appeals with a 10% pre-deposit and defined procedural rules.
ITAT held that addition under Section 69B based only on a loose sheet seized from a third party cannot be sustained when the assessee was denied cross-examination. The ruling treats such action as a violation of natural justice.
