The Tribunal held that dismissal of appeal solely on limitation without considering bona fide reasons was unjustified. It restored the matter for adjudication on merits, emphasizing a liberal approach.
The Court held that combining multiple financial years in a single show cause notice violates the CGST Act scheme. It quashed the notice and allowed fresh issuance as per law.
The tribunal held that penalties cannot be imposed without direct evidence connecting the appellant to alleged overvalued exports. Mere suspicion and assumptions were found insufficient.
The Tribunal set aside the assessment after noting that books of accounts were not produced and required reconsideration. It directed a fresh decision with proper opportunity, emphasizing procedural fairness.
The case addressed whether a second GST refund application is maintainable when a prior claim covered the same period. The Court held that no statutory bar exists under Section 54(1), and rejection on technical grounds was invalid.
The data highlights a sharp increase in GST collections driven by import-related IGST. It confirms strong revenue performance and improved tax buoyancy.
The circular addresses uncertainty in FLA reporting FAQs under FEMA. It directs institutions to pause action until regulatory clarity is achieved, ensuring compliance consistency.
April 2026 GST rulings addressed SCNs, limitation, refunds, registration cancellation, recovery, and natural justice in tax proceedings.
The Finance Act, 2024 has inserted a new section, 194T, for TDS deduction by partnership firms/Limited Liability Partnerships (LLPs). Section 194T takes effect from 1st April, 2025 (AY 2026-27), to bring payments such as salary, remuneration, commission, bonus and interest (whether on capital or on loan) by a partnership firm/LLP to its partners under the […]
India’s new Labour Codes introduce a uniform wage definition and 50% cap on exclusions, affecting PF, gratuity, bonus, and salary structuring.
