Maharashtra AAR clarifies GST implications on GM India’s asset transfer, deeming leasehold rights assignment as taxable services and plant machinery as taxable goods.
Maharashtra AAR rules new promoter bound by previous GST option (12% with ITC) for ongoing project, rejecting 5% without ITC. Project-based option.
Maharashtra AAR classifies railway shed reconstruction, maintenance, housekeeping, and security as a mixed supply, attracting 18% GST. ITC for Railways not addressed.
Kerala HC rules composite GST order for several financial years legally improper, directs separate orders after allowing reply and hearing.
ITAT Pune condones delay, remands Sujit Taware’s assessment to AO for fresh adjudication on cash deposit and property purchase.
NCLAT rules allottee who cancelled unit by request cannot be financial creditor. Order directs payment of settled bank loan.
Kerala HC sets aside IT assessment order against co-op bank for disallowing 80P deduction, citing disregard of binding Supreme Court precedent.
ITAT Pune deletes capital gains addition u/s 2(47) as possession wasn’t transferred under development agreement.
ITAT Delhi quashes reassessment in Nikita Mahajan case, citing incorrect jurisdiction and mechanical approval. Learn about the key details of the decision.
ITAT Ahmedabad overturns addition, accepts assessee’s joint agricultural income claim. Case details and ITAT order summary provided.
