Explore the Madras High Court’s judgment in TVL. Cleon Optobiz Pvt Ltd vs Assistant Commissioner (ST) regarding Input Tax Credit (ITC) reversal due to retrospective cancellation of supplier GST registration. Learn about the court’s analysis and implications.
Explore the ITAT Delhi’s decision in Dharam Pal Saini vs PCIT, upholding revision proceedings u/s 263 of the Income Tax Act. Learn about the assessment on sale of urban agricultural land and its implications on capital gains tax.
Bombay High Court allows Railroad Logistics to amend GSTR-1 for FY 2018-19, enabling Mahindra & Mahindra to claim Input Tax Credit. Detailed analysis of the judgment provided.
Bombay High Court directs the restoration of GST registration for Red Fox Events, cancelled without a hearing due to unavoidable circumstances. Explore the court’s detailed judgment.
Allahabad High Court ruling in Shamhu Saran Agarwal case: Penalties for GST under-valuation quashed. Analysis of circular, legal grounds, and implications.
Gujarat High Court grants bail in the alleged GST scam of Rs. 1466 crores. Detailed analysis of Hitesh Prabhudas Lodhiya’s case against the State of Gujarat.
Dive into the Gujarat High Court judgment quashing Mitesh Sejpals bail. Analysis of legal arguments, court considerations, and implications of the ruling.
In a landmark judgment, the Supreme Court cancels the condition of an extra deposit for stay continuation in Sambhu Prasad Agarwal’s tax evasion case. Full analysis here.
In a recent judgment, Calcutta High Court resolves a Customs dispute, allowing Dredging Corporation of India Limited a refund. The court analyzes the application of Customs Act provisions and questions of unjust enrichment.
Read the detailed analysis of the ITAT Chennai order in the case of ST Engineering Electronics Ltd. vs ACIT regarding taxable contract income, addressing issues of revenue recognition and accounting standards.