Delhi High Court held that as discrepancies in sales figures as well as physical stock not explained, the assessing authority took a fair view in enhancing sales by 10% of net GTO after deducting the stock transfer figure of GTO. Accordingly, levy of tax with interest confirmed.
Madras High Court held that the arriving at taxable turnover arbitrarily without giving particulars of the value of the goods and value of the services untenable under Tamil Nadu Value Added Tax Act (TNVAT Act).
Jharkhand High Court held that interest under Section 234B of the Income Tax Act has to be charged on the assessed income and not on the returned income of an Assessee.
Explore the Calcutta High Court’s judgment on a GST liability case involving government contracts. Understand the impact and implications of the ruling.
Madras High Court’s ruling: Consumers can’t file complaints against the Revenue Department for excessive GST levied by hotel managements. Learn more here.
The Calcutta High Court remands an Income Tax reassessment order due to the denial of the right to cross-examine a witness, citing a violation of natural justice principles.
The Delhi High Court confirms the annulment of an assessment order in the case of PCIT vs. Anuj Bansal, citing mechanical approval under Section 153D of the Income Tax Act.
The Kerala High Court dismisses a writ petition filed by Cannanore County Club & Resorts Pvt Ltd against the Sales Tax Department’s action to withhold liquor sales due to a 1.86 crore tax arrear under the KGST Act.
Kerala High Court directs timely consideration of interim stay application in Kolloorvila Service Co-Operative Society Ltd’s income tax case.
Explore the case of Shyam Sel And Power Limited vs. State of U.P. in Allahabad High Court. The verdict emphasizes the role of intent in invoking CGST Act provisions.
