Madras HC held retrospective cancellation of a supplier’s GST registration alone cannot justify denial of ITC. Fresh assessment was ordered.
Karnataka HC held excess electricity use alone cannot establish clandestine manufacture or excise evasion without reliable corroborative evidence.
CESTAT held receipts were inclusive of service tax and directed recomputation after granting cum-tax benefit and considering TDS.
The High Court upheld the invocation of Section 74 but remitted the matter for verification of revenue neutrality, directing the taxpayer to establish that tax had already been discharged on the goods sent for job work.
ITAT Kolkata held that a loan received by a company that was not a shareholder of the lender could not be taxed as deemed dividend under Section 2(22)(e).
ITAT Kolkata held that the CIT(A) wrongly dismissed the appeal as time-barred despite evidence showing it was filed within limitation. The matter was restored for decision on merits through a speaking order.
Chhattisgarh High Court upheld ITAT’s finding that the reassessment order exceeded the limitation under Section 153 and dismissed the Revenue’s appeal.
Karnataka HC held GST liability must be determined under statute, not contract. Directions against GST authorities to pay contractor’s tax dues were set aside.
Madras HC held one year of practice before Income Tax Authorities is mandatory for registration under Rule 257, despite prescribed qualifications.
ITAT held that CPC could not make adjustments under Section 143(1) without issuing the mandatory prior intimation. The order was quashed and the assessees appeal was allowed.
