The case examines whether stranded compensation cess credit due to GST reform must be refunded or lapsed, impacting working capital across industries.
This explains the constitutional boundary between property tax and GST on land-related activities. The key takeaway is that ownership-based taxation differs fundamentally from activity-based taxation.
This examines whether recent rulings have strengthened or softened bail standards under PMLA. The key takeaway is that courts are balancing strict law with constitutional liberty.
This explains why businesses with strong sales still face loan rejection due to low profitability and poor financial discipline. The key takeaway is that repayment capacity matters more than turnover.
This compares opposing judicial views on GST notifications extending time limits. The key takeaway is that validity depends on force majeure and GST Council approval.
The issue was reopening based on incorrect cash deposit figures exceeding ₹50 lakh. The Tribunal held actual amount was lower, making notice time-barred and invalid.
The order permits single judicial members to handle procedural and uncontested matters. It ensures faster case disposal while preserving safeguards for contested issues.
This explains how courts have imposed strict safeguards on ITC blocking under Rule 86A. The key takeaway is that due process is now mandatory before blocking credit.
The case addressed whether additions can be made under Section 153A without incriminating material. The Court held that such additions are impermissible in completed assessments, reinforcing settled legal principles.
The court examined whether a final assessment order could stand without issuing a draft order to an eligible assessee. It held that bypassing the mandatory draft assessment process invalidates the final order and renders it void.
