Delhi HC clarifies Rule 86A of CGST Rules, restricting debit of ITC in ECL. Blocking applies only to available ITC, no requirement to replenish past usage.
Order u/s 129 (3) quashed by Patna HC as it was passed after expiry of 7 days from date of Notice MOV 07 ,which was held violative of section 129(3) limitation
Calcutta HC directs Ravi Taparia to pay Rs. 5 lakh as pre-deposit for appeal. Order emphasizes alternate remedy over costs imposed on the appellant.
Delta Goods appeal against tax dismissal is remanded by Calcutta HC for fresh consideration after missing response deadlines and filing limits.
Section 263 cannot be invoked without substantial grounds, particularly when the AO has followed due process during the assessment.
ITAT Ahmedabad grants stay of tax recovery in Siddhi Parag Patel vs ITO case. The dispute centers on unexplained land investments and tax demand revisions.
Delhi HC rules GST cancellation order invalid for retrospective effect. Prospective from SCN date. Order passed without proper hearing violates natural justice.
Karnataka High Court dismisses Tayana Consult Pvt Ltd’s appeal due to non-prosecution, following ITAT’s decision in related tax assessments.
ITAT held that disallowances based on estimations do not constitute underreporting of income and thus are not grounds for a penalty under Section 270A.
ITAT Ahmedabad rules that Section 50C applies to sellers, not buyers, and clarifies the retrospective effect of Section 56(2)(vii)(b) on property transactions.
