The Delhi High Court has set aside GST orders against Raj International, citing a failure by tax authorities to consider the company’s detailed reply and provide an effective personal hearing.
CAAR held that imported Nylon, Polyester, and Taffeta rolls, ranging from 10 mm to 305 mm, are classifiable as textile labels under CTH 5807, following HSN explanatory notes and judicial precedents.
Gujarat AAR ruled that trading of PM permits under the Emission Trading Scheme constitutes supply of goods under GST, classified under HSN 4907, with a tax rate of 12%.
Gujarat AAR rules that dry leasing of aircraft/helicopters without operator, a “transfer of right to use goods,” falls under HSN 9973, attracting 5% IGST for the SEZ-based lessor.
ITAT Kolkata allows Govinda Debnath’s appeal for statistical purposes. Tribunal condoned the 126-day delay after finding the assessee received no CIT(A) hearing notices, remanding the case for fresh, merits-based adjudication.
ITAT Kolkata remands Lakshmi Ojha’s AY 2020-21 appeal to the AO. The Rs.1.76 crore addition for property value difference must be re-adjudicated after obtaining a mandatory valuation report from the DVO in the interest of justice.
The Gujarat High Court is hearing a petition from the Chartered Accountants Association regarding persistent glitches on the new Income Tax Portal. The petition alleges that the portal’s technical failures, delayed release of forms, and numerous validations have caused significant hardship to taxpayers and professionals, leading to a truncated compliance window and potential penalties.
ITAT Jaipur ruled that merely possessing registered property deeds cannot be treated as incriminating material under Sections 153A/153C of Income Tax Act.
Income surrendered during survey and accounted as business income should not attract section 115BBE rates, clarifying application of sections 69, 69A, and 69B.
The Customs Authority for Advance Rulings (CAAR) in Delhi granted an advance ruling to Samsung Display Noida Pvt. Ltd., affirming that its imported inputs for manufacturing OLED displays for laptops and tablets are eligible for a customs duty exemption. The decision relied on the “part of a part is a part of the whole” principle and a recent CBIC clarification.
