The issue relates to consequences of delayed return filing. Benefits such as deductions and loss carry forward are denied if returns are not filed on time. The ruling highlights strict adherence to due dates.
Insolvency plea was quashed as insolvency applications filed during the subsistence of an interim moratorium were void ab initio even if the original proceedings were later withdrawn.
Writ Maintainable in Contract Dispute Where State Action Found Arbitrary; GST Rate Revision During Contract Execution Must Be Compensated: Court; Denial of GST Differential Refund Held Discriminatory Against Contractor;
Jyoti Tar Products Private Limited & Anr. Vs Deputy Commissioner (Calcutta High Court) The writ petition challenged a show cause notice dated June 18, 2025 issued under Section 74 of the West Bengal Goods and Services Tax Act, 2017, along with a subsequent adjudication order dated November 04, 2025. The dispute arose from allegations that […]
Many taxpayers wrongly assume paying GST on sale value is sufficient when selling capital goods. The law requires comparing reduced ITC with transaction tax, and failure leads to tax demands and interest liability.
The issue concerns replacement of Form 3CEB with a new reporting framework. The reform mandates structured reporting with enhanced disclosures and digital integration for transfer pricing compliance.
The new law mandates TDS reporting through Form 141 Schedule C for payments to contractors and professionals. The key takeaway is structured, detailed reporting with stricter compliance timelines.
The Court held that invoking Section 74 without alleging fraud or suppression makes the notice invalid. The key takeaway is that proper allegations are mandatory for serious GST proceedings.
Rent payments must now be reported under Schedule A of Form 141 from April 2026. The key takeaway is enhanced reporting with tenant-wise and landlord-wise allocation of TDS.
The law allows companies to settle certain offences by paying a compounding fee instead of prosecution. The key takeaway is a structured process involving RD or NCLT based on penalty limits.
