Madras High Court held that a cooperative society could file a statutory GST appeal without further pre-deposit as the disputed tax of Rs.1.86 crore was already paid. The Court confirmed proper natural justice was observed during proceedings.
Allahabad High Court rules that a buyer’s input tax credit cannot be denied if the seller’s registration is cancelled later, without proof of the buyer’s fraud.
The Allahabad High Court has set aside an ex-parte penalty order issued against Beyond Research And Development Limited, ruling that the denial of an opportunity to be heard violated principles of natural justice and procedural fairness.
This summary outlines the Supreme Court’s analysis of a major land dispute, focusing on the legal arguments and judicial precedents concerning a government agency’s failure to file a timely appeal.
Supreme Court ruled that a sale deed executed without consent or consideration is void, and the plaintiff’s suit for possession is governed by Article 65 of the Limitation Act.
High Court set aside the AO’s addition of expenses in the assessment of a SEBI Category II AIF, holding that the addition was unlawful as no deduction was claimed by the fund or its unit holders.
The Bombay High Court has quashed a penalty order against Man Truck & Bus India Pvt. Ltd., citing a failure to grant a virtual hearing and a flawed assessment basis under an Advanced Pricing Agreement.
The Bombay High Court dismisses a tax appeal, affirming the right of charitable trusts to carry forward and set off previous years’ deficits against current income.
The Bombay High Court dismisses a writ petition from a taxpayer challenging assessment and penalty orders, citing the principle of alternative remedy and directing the petitioner to pursue existing appeals before the CIT(A) for a swift resolution.
The ITAT has deleted gross profit additions made to Sunil Garg’s income, ruling that the Assessing Officer’s actions were arbitrary and lacked incriminating material.
