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Calcutta High Court

High Share Premium Receipt Without Business Activity: HC Confirms Addition

May 17, 2024 834 Views 0 comment Print

Calcutta High Court ruling questions legitimacy of investments made from share premium without business activity. Details & analysis here.

GST Appellate Authority can Condone Delay beyond Prescribed Limitation Period

May 15, 2024 2322 Views 0 comment Print

Calcutta High Court sets aside rejection of appeal due to delay, upholds petitioner’s right to seek condonation under Section 5 of Limitation Act, 1963. Detailed analysis here.

No Section 68 addition merely for non-response from directors to notices

May 14, 2024 3486 Views 0 comment Print

Whether addition made by Assessing Officer under Section 68 was justified, particularly in light of non-response from directors to notices.

Once tax is paid No Recovery Proceedings Against Recipient Without Inquiry with Supplier

May 6, 2024 4233 Views 0 comment Print

Discover the ruling of the Calcutta High Court in the case of Lokenath Construction Private Limited vs Joint Commissioner of State Tax/Revenue and Others, highlighting the importance of proper verification before denying Input Tax Credit.

GST Penalty Shouldn’t Exceed Invoice Value Without proper evidence & reason

May 5, 2024 1239 Views 0 comment Print

Explore the detailed analysis of the Ashish Kumar Sharma Vs Deputy Commissioner case by Calcutta High Court regarding the computation of penalty amount by the GST department.

Expiry of waybill: No penalty if  no intention to evade tax  

May 4, 2024 3546 Views 0 comment Print

Learn about the recent judgment of Maa Amba Builders & Anr. vs Assistant Commissioner of Revenue by Calcutta High Court regarding expiry of e-way bills and penalties.

Appellate Authority can condone delay in Filing GST Appeal beyond limitation period: Calcutta HC

May 3, 2024 2289 Views 0 comment Print

Mukul Islam Vs Assistant Commissioner of Revenue (Calcutta High Court) The Calcutta High Court recently delivered a judgment in the case of Mukul Islam versus Assistant Commissioner of Revenue, pertaining to a writ petition challenging the refusal to condone delay in maintaining an appeal under Section 107 of the West Bengal Goods and Services Tax […]

Addition u/s 68 was justified as assessee’s failed to establish genuineness of transaction with cogent and credible evidence

May 2, 2024 1365 Views 0 comment Print

Assessee had miserably failed to establish genuineness of the transaction by cogent and credible evidence and that the investments made in its share capital were genuine.

Mere Post-Agreement Circular Cannot Add Arbitration Clause: Calcutta HC

April 26, 2024 696 Views 0 comment Print

Analysis of Dhansar Engineering Company Private Limited vs Eastern Coalfields Limited case by Calcutta High Court regarding the validity of a policy circular as an arbitration clause.

20% Pre-deposit for GST Appeal not includes Interest: Calcutta HC

April 20, 2024 2028 Views 0 comment Print

Evergreen Construction appeals an interim order directing a 20% pre-deposit of disputed unpaid interest, citing GST Act provisions. Calcutta High Court clarifies the statute’s intent.

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