The Rajasthan High Court in Krishan Gopal Gupta vs PCIT has ruled that a notice under Section 148 of the Income Tax Act is invalid if issued by a Jurisdictional Assessing Officer, reaffirming its earlier judgments on the matter.
Rajasthan High Court held CBIC Circular limiting GST refund claims post 18.07.2022 as arbitrary and violative of Article 14, upholding refund rights under Section 54.
The Income Tax Appellate Tribunal (ITAT) Ranchi, partially allowed the appeal of Shiv Prasad Ram a retired SAIL employee restoring his ex parte tax assessment case to the Assessing Officer for readjudication and giving him an opportunity to be heard.
CAAR clarified classification of Coral Bottom Nodes, Picket Hydroacoustic Complex, Bolt Airguns, and BigShot Controllers, with separate treatment for parts and spares.
Supreme Court upheld Delhi HC’s decision in DRI vs Pushpa Tolani, ruling jewellery carried by tourists as personal effects under Baggage Rules, 1998, not liable for duty.
The Calcutta High Court sets aside a 100% GST penalty, ruling that a stock transfer with proper documentation but without a registered “additional place of business” does not warrant a penalty.
SC dismissed an appeal by tax authorities, upholding a trader’s claim that purchases were tax-exempt as they were made for out-of-state principals.
Karnataka HC emphasized that availability of records with the tax authorities allows reconciliation of ITC even if the show-cause notice reply is pending. The order highlights procedural fairness and proper ITC verification under GST law.
Jharkhand High Court grants bail to an individual accused of Rs. 11 crore GST evasion, citing the prolonged period of the accused’s custody.
The Income Tax Appellate Tribunal (ITAT) Chandigarh has reversed a tax addition of Rs. 6.75 lakhs on gifts received by an assessee ruling that the gifts from his sister and father-in-law were valid.
