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No Adverse Inference Against Purchaser for Supplier’s Retrospective GSTIN Cancellation: Allahabad HC

March 25, 2025 3978 Views 0 comment Print

Allahabad HC quashes GST demand against Solvi Enterprises, ruling that the selling dealer was registered at the time of transaction. Case remanded for fresh review.

Income Tax Treatment of Excise Duty Exemptions: Greenply Industries Case

March 25, 2025 1008 Views 0 comment Print

PCIT Vs Greenply Industries Ltd (Gauhati High Court) The Gauhati High Court’s recent judgment in “The Principal Commissioner of Income Tax v. M/s GreenPly Industries Ltd.” provides valuable clarification on the characterization and resultant tax treatment of excise duty exemptions. The court’s decision, delivered on March 4, 2025, addresses two crucial questions: whether excise duty […]

Contractor Cannot Claim Additional GST if Contract Rates Include GST: Kerala HC

March 25, 2025 1344 Views 0 comment Print

Kerala High Court held that when contract rates fixed are inclusive of GST and other taxes, contractor is not permitted to claim GST over and above the fixed rates. Accordingly, writ dismissed.

Initiation of penalty proceedings u/s. 271DA justified as delay was not unreasonable: Delhi HC

March 25, 2025 1167 Views 0 comment Print

Delhi High Court held that imposition of penalty under section 271DA of the Income Tax Act is justifiable since there is no inordinately and inexplicably delay in initiation of penalty proceedings. Accordingly, writ dismissed.

Reassessment quashed as it was based on information fully examined during earlier reassessment

March 25, 2025 942 Views 0 comment Print

Delhi High Court held that reassessment order is liable to be set aside as it was based on information that was fully examined in the earlier round of reassessment u/s. 147 r.w.s. 144B of the Income Tax Act. Accordingly, appeal allowed and order set aside.

Section 40A(3) applies to revenue expenditure, not to capital investments: Delhi HC

March 25, 2025 2940 Views 0 comment Print

Delhi HC confirms Section 40A(3) inapplicable to property investments, affirming ITAT’s ruling in PCIT Vs Sanskar Homes Pvt. Ltd. Appeal dismissed.

GST SCN Pertaining to Separate Entity to Be Addressed as Preliminary Issue: Kerala HC

March 24, 2025 870 Views 0 comment Print

Kerala High Court addresses GST notice challenge in Minimol Sabu case. Court directs adjudicating authority to consider preliminary objections.

Madras HC Sets Aside GST Assessment Order for Lack of Proper Service; Conditional Reconsideration Ordered

March 24, 2025 888 Views 0 comment Print

Madras High Court quashes GST assessment against Saras Electricals due to procedural lapses. Petitioner given a chance to explain discrepancies after partial tax deposit.

Gujarat HC Disposes Petition Against Section 17(5) CGST Act; Allows Compliance per SC Ruling

March 24, 2025 1494 Views 0 comment Print

Gujarat High Court disposes of petition challenging Section 17(5) of CGST Act, allowing petitioners to comply with the show cause notice per Supreme Court ruling.

Reconsider GST Registration Cancellation on Payment of Dues: Uttarakhand HC

March 24, 2025 600 Views 0 comment Print

Uttarakhand High Court directs reconsideration of GST registration cancellation for Global Manpower Solutions if outstanding dues are paid.

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