This explains why GST cannot be levied unless a transaction qualifies as supply under Section 7. It highlights judicial reasoning that proper classification and statutory tests must be applied before tax demand.
The notification requires payers to generate UINs and file quarterly details of declarations even where no tax is deducted. It enhances transparency and ensures better monitoring of tax exemptions.
The issue was whether LIC premium payments for post-retirement annuity were contingent liabilities. The Court held they represented an existing liability and allowed the deduction as a business expense.
The case examined the validity of reassessment notices issued beyond the permissible period. The Court ruled that such notices are invalid in light of binding precedent, leading to quashing of the entire reassessment.
The court ruled that Section 67 allows seizure only of goods, documents, and related items, not cash. It held that treating currency as “things” is legally incorrect. The decision reinforces strict interpretation of GST provisions and limits enforcement powers.
The court ruled that GST law does not prohibit inter-state transfer of ITC in amalgamation cases, especially for CGST and IGST components. It held that denial based on portal restrictions without legal backing is invalid. The decision reinforces that statutory provisions prevail over administrative practices.
This update highlights all major compliance due dates for April 2026 under Income Tax and GST laws. It helps taxpayers stay on track with filings, payments, and reporting obligations to avoid penalties.
The court ruled that mere suspicion and marital discord do not meet the legal threshold for abetment of suicide. It emphasized the need for clear proof of instigation and proximate cause.
The Tribunal validated reopening under Section 147 based on credible post-search information. Proper procedure under Section 148A was followed, making reassessment lawful.
The issue highlights the complexity and impracticality of applying clubbing provisions between spouses in modern financial systems. The key takeaway is that reform is needed to reduce compliance burden and align tax laws with current realities.
