Follow Us:

ITC wrongly availed as IGST instead of CGST – Mistakes not rectified within timeline- HC dismisses writ

March 30, 2024 7398 Views 0 comment Print

Kerala High Court dismisses M Trans Corporation’s petition for claiming IGST refund instead of CGST/SGST. Detailed analysis of the judgment provided.

Allowability of Interest Cost of amount utilized for Investment in Shares

March 30, 2024 3489 Views 0 comment Print

JPR Investments vs ACIT (ITAT Mumbai): Interest cost can’t be claimed as business expenditure for shares investment, directs recompute of STCG.

TDS not deductible on Commission earned by Foreign Agents Outside India

March 30, 2024 1650 Views 0 comment Print

In a landmark decision, ITAT Ahmedabad rules in favor of Globe Textiles (India) P. Ltd., stating no TDS deduction necessary on commission income earned by foreign agents outside India.

No Reference to DVO if Taxpayer’s Asset Value Exceeds FMV: ITAT Chennai

March 30, 2024 777 Views 0 comment Print

Chennai ITAT ruling in Nirmala Venkatapathy Vs ITO case emphasizes no DVO reference if taxpayer’s asset value exceeds fair market value, providing detailed analysis and implications.

Kerala HC quashes Income Tax Assessment Order passed in violation of Natural Justice 

March 30, 2024 846 Views 0 comment Print

Kerala High Court overturns assessment order against a Co-operative Society citing lack of natural justice, granting a fresh hearing.

JSW Steel Wins MEIS Benefits Despite Procedural Errors

March 30, 2024 960 Views 0 comment Print

Delhi High Court grants MEIS benefits to JSW Steel Limited despite procedural errors in shipping bills. Detailed analysis of the judgment and its implications.

No Section 35(1)(ii) deduction on Donation to ineligible Scientific Research Trust 

March 30, 2024 1857 Views 0 comment Print

ITAT Ahmedabad ruled against C K Zipper Pvt Ltd, disallowing deduction under Section 35(1)(ii) of Income Tax Act for donations to ineligible research trust.

Disputed facts cannot be adjudicated in a writ petition: Kerala HC

March 30, 2024 630 Views 0 comment Print

Anand Madhavan Nair Indiradevi Vs State Tax Officer (Kerala High Court) Introduction: The Kerala High Court recently ruled on the case of Anand Madhavan Nair Indiradevi vs. State Tax Officer regarding a writ petition challenging an order under the CGST/SGST Act. The court’s decision highlights the limitation of writ petitions in adjudicating disputed facts and […]

Bank account attachment for discrepancies in GSTR 3B & 2B: HC directs re-adjudication

March 30, 2024 963 Views 0 comment Print

Read the full text of the judgment/order of Madras High Court regarding discrepancies between GSTR 3B & GSTR 2B, where the court remanded the case for reconsideration.

Re-filing ITC refund Petition after Unconditional Withdrawal Barred by Estoppel: Delhi HC

March 30, 2024 1029 Views 0 comment Print

Delhi High Court rules on re-filing a petition seeking the same relief after unconditional withdrawal, citing estoppel. Full analysis of the judgment provided.

Search Post by Date
June 2026
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
2930