The Court held that the negative blocking of Input Tax Credit under Rule 86A CGST was ultra vires, directing authorities to restore ₹5.56 lakh ITC within 15 days, reaffirming taxpayer rights.
ITAT Mumbai held that a penalty under Section 271(1)(c) was premature when the related quantum appeal was still pending, remitting the matter back for fresh consideration.
Court held that authorities cannot block Input Tax Credit accrued after the date of action, directing restoration of ₹1.43 crore to the taxpayer while upholding blockage of earlier credit.
The ITAT Pune condoned a 100-day delay in filing the tax appeal, citing reasonable cause due to the taxpayer’s reliance on professional advice and relocation. Adopting a justice-oriented approach, the Tribunal allowed the appeal to be heard on its merits, reinforcing the principle that substantive justice prevails over procedural lapses.
A Mumbai businessman, Tribhuwan Chittranjan Sinha, received bail in a Rs.9.19 crore GST fraud case, with the court noting his cooperation with the investigation.
ITAT rules surcharge not applicable for private trust income below ₹50 lakh for AY 2023-24 & 2024-25, citing Araadhaya Jain Trust precedent.
ITAT condones assessee’s 87-day delay in filing appeal with CIT(A), citing COVID-19 pandemic. Case sent back to CIT(A) for decision on assessment merits.
Explore the tax challenges and legal regulations shaping the online gaming industry in India, including new GST rules and the skill vs. chance debate.
Kedar Jagdish Mankar Vs ACIT (ITAT Pune) Adv. Sachin P. Kumar successfully represented his client in Foreign Tax Credit dispute before the Income Tax Appellate Tribunal, Pune where the client’s Foreign Tax Credit (FTC) and Tax Deducted at Source (TDS) claims were initially disallowed. The client was working in one of the reputed multi-national company […]
Bombay High Court sets aside Section 148 notice in Anil Kumar Mehta vs ITO, citing procedural issues. Case remanded for fresh consideration by assessing officer.
