The Chhattisgarh High Court has ruled on a case involving Siddhant Steels, directing that an excess Goods and Services Tax (GST) deposit made during an inspection be adjusted against final tax dues. The firm had claimed the Rs. 12 lakh deposit was made under duress.
The Chhattisgarh High Court disposes of an income tax appeal against Vandana Ispat Ltd, citing a new government circular that raises the monetary limit for filing appeals to Rs. 2 crores.
Chhattisgarh High Court has refused to quash an FIR against a man accused of extorting ₹1.01 lakh via Google Pay, stating that evidence points to his involvement.
The Chattisgarh High Court granted a stay on GST penalty against Ultratech Cement, questioning the use of Section 74 without proven fraud or suppression of facts.
Chhattisgarh High Court rejects bail for Anush Kumar Gangwani in a ₹5.53 crore GST fraud case, citing ongoing investigation and severity of the economic offense.
Chhattisgarh High Court dismisses Educomp’s plea to quash a bank guarantee invocation, citing ongoing arbitration proceedings as the matter’s proper forum.
The Chhattisgarh High Court has granted GTL Infrastructure a stay on a tax demand, allowing it to wait for the Goods and Service Tax Tribunal to become functional to file its statutory appeal.
Chhattisgarh High Court rules cash-in-hand from a preceding year’s balance sheet cannot be taxed as unexplained money under Section 69A in a subsequent year.
Although in the tax statute the limitation was interpreted in strict manner but when the legislature itself had prescribed extended period of time after period of limitation then the Authority ought to have considered such aspect and examined the cause shown by the appellant.
Chhattisgarh High Court held that addition towards unaccounted sales based on estimated production yield is baseless and without any evidence/ material and accordingly is not sustainable in law. Accordingly, appeal of revenue dismissed.
