The issue was denial of deduction under Section 54F as a fresh claim not made in return. The ruling remanded the matter, holding such claims can be examined if supported by facts.
The issue was whether full bank deposits of a commission agent can be taxed as unexplained income. The ruling held only commission income taxable, with 8% estimation upheld as reasonable.
The issue was whether reassessment beyond 3 years is valid when escaped income is below ₹50 lakh. The ruling held such notice invalid under Section 149, and the key takeaway is strict adherence to limitation rules.
Delhi High Court held that it would be unreasonable to deny Export Promotion Capital Goods [EPCG] benefit merely because of non-submission of Bills of Export [BOE] as proof of discharge of export obligation since there was collateral evidence of discharge of export obligation.
Bombay High Court held that managerial and technical services provided from China to India through virtual means constitutes service rendered in India. Accordingly, rejection of application seeking NIL withholding tax based on pending assessments before ITAT justifiable.
Taxpayers faced issues filing appeals where adjudication orders showed zero demand. GSTN clarified that such system limitations require rectification before appeals can be filed.
The applicant sought clarity on refund eligibility after filing NIL claims but later withdrew the application citing procedural confusion. The authority disposed of the matter without ruling on merits.
The Authority held that rebates received from a bank on corporate card usage do not constitute a supply under GST law. Since there is no quid pro quo or consideration, such transactions are treated as money and are not taxable.
The Authority examined GST applicability on second-hand car sales but denied clear relief due to insufficient documentation. It held that margin-based valuation is conditional and requires strict compliance with Rule 32(5) and notification provisions.
The ruling addressed classification of biodiesel-HSD blends based on petroleum content. It held that classification depends on whether petroleum oil exceeds or falls below 70%.
