The ruling clarifies that unverified excel sheets seized from third parties cannot justify additions without corroborative evidence. The Tribunal stressed that assumptions cannot replace proof in tax proceedings.
The High Court ruled that rejecting condonation requests through mere communication without a speaking order is invalid. Authorities must pass reasoned decisions after proper consideration.
The issue concerns whether startups can sell regulated products without BIS certification. It is established that certification is mandatory under QCOs, and non-compliance can lead to penalties, bans, or closure.
The Court held that arrest under GST requires clear evidence of fraudulent intent and active involvement. Mere association with disputed transactions is insufficient. The key takeaway is that mens rea is essential before invoking arrest provisions.
This guide explains the legal steps for issuing share certificates after incorporation. It highlights timelines, board approvals, and compliance requirements. The key takeaway is that timely issuance and proper documentation are mandatory.
The Tribunal held that the extended limitation period cannot be invoked without proving intent to evade tax. Since no fraud, suppression, or wilful misstatement was established, the demand was time-barred. The key takeaway is that limitation cannot be stretched merely due to audit findings.
The Court found that tax already paid cannot be demanded again through adjudication proceedings. It allowed the taxpayer to seek rectification with proof of payment.
The Court allowed the taxpayer to seek revocation even after expiry of the statutory timeline. It directed authorities to consider delay condonation and decide the matter on merits.
This guide explains GST rates, composition scheme eligibility, and new hotel tariff slabs. It highlights how ITC restrictions and tariff thresholds impact tax liability. The key takeaway is to choose schemes based on overall tax efficiency, not just lower rates.
The Court held that genuine errors in returns can be corrected despite statutory deadlines. Technical timelines cannot override accurate tax reporting.
