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GST registration cannot be cancelled retrospectively for non-filing of return for some period

April 11, 2024 1026 Views 0 comment Print

Merely, because a taxpayer has not filed GST returns for some period does not mean that taxpayer’s registration is required to be cancelled with retrospective date also covering the period when the returns were filed, and taxpayer was compliant.

Stamp duty valuation on Allotment letter date should be considered for Section 56(2)(x)

April 11, 2024 3966 Views 0 comment Print

Mumbai ITAT orders stamp duty valuation on allotment letter date for Section 56(2)(x) of Income Tax Act, setting aside CIT(A) order against Assessee.

HC set-aside GST Registration cancellation SCN/Order for lacking reason for retrospective cancellation

April 11, 2024 690 Views 0 comment Print

Delhi High Court overturns retrospective GST registration cancellation due to lack of details in notice and order, orders modification from date of notice.

HC Quashes GST order for Failure to Seek Further Details from Petitioner 

April 11, 2024 768 Views 0 comment Print

Impugned GST order dismissed petitioner’s reply as unsatisfactory and lacking substantial documents. court highlighted absence of any request for further details from petitioner, indicating a failure to engage with submitted reply effectively.

Alleged Misuse: Madras HC orders disposal of GST registration revocation application

April 11, 2024 486 Views 0 comment Print

Detailed analysis of P.Jeyaraman Vs Assistant Commissioner (CT) case where Madras HC orders disposal of application for Revocation of GST registration cancellation  

After initiation of resolution process appeal not maintainable if not filed by IRP

April 11, 2024 528 Views 0 comment Print

Since the appellant hadn’t filed the appeal through the Interim Resolution Professional as required under the resolution process, the ITAT deemed the appeal not maintainable and dismissed it.

GST Search Authorization by Joint Commissioner without recording reasons is invalid

April 11, 2024 1098 Views 0 comment Print

Read the full text of the judgment/order by Allahabad High Court regarding the unauthorized search and seizure in the case of Gaurav Saurav Traders.

HC Quashes Order as SCN was delivered at old address despite intimation of new address

April 11, 2024 888 Views 0 comment Print

Mahaveer NX challenges a customs order citing address discrepancy & lack of hearing. Madras HC sets it aside, directing issuance of SCN for correction.

Inadequate Hearing Violates Section 75(4) of CGST Act 2017: Order Unsustainable

April 11, 2024 663 Views 0 comment Print

Analysis of M. Kandasamy Vs Deputy State Tax Officer-2 case reveals how inadequate hearing led to unsustainability of order under CGST Act 2017.

Vessel Construction Contract Cancellation: Capital Receipt, Exempt from Section 28(iv)

April 11, 2024 459 Views 0 comment Print

Dive into the analysis of the Great Eastern Shipping Co. Ltd. Vs ACIT case regarding the taxation of foreign exchange gain written back on cancellation of vessel construction contracts under Section 28(iv) of the Act.

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