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.
The Court held that tax authorities cannot coerce payment when no demand has been raised. It directed cooperation in investigation while protecting the taxpayer from undue pressure.
Supreme Court held that post repeal of SICA and non-invocation of IBC, Gannon Dunkerley & Co. Ltd. (GDCL) didn’t possess ownership rights to sell assets of Jaipur Udyog Ltd (JUL). Further, Court directed to verify and make payment of long-standing dues of workers of JUL.
The adjudicating authority imposed penalties after finding incomplete filing of PAS-3 details. The ruling confirms that such violations attract general penalty under Section 450 when no specific penalty exists.
