The Madras High Court directed fresh consideration of an OBC-NCL certificate application in light of the Supreme Court’s clarification on income computation. It emphasized that the relevant guidelines must be considered while deciding eligibility.
Referring to the Supreme Court’s guidance on general public utility institutions, the Court observed that entities engaged in professional or trade-related activities warrant detailed scrutiny. The case was remanded for re-examination under the revised legal standards.
The Madras High Court held that provisions for bad and doubtful debts must be added back while computing book profits under Section 115JA because of the retrospective amendment introduced by the Finance (No. 2) Act, 2009. However, it permitted audit reports for deduction claims to be filed at the appellate stage.
The Madras High Court remanded an ex parte assessment arising from a GSTR-3B and GSTR-2A mismatch after finding that the assessee should be allowed to present its case. Relief was granted subject to deposit of 25% of the disputed tax amount.
The Madras High Court held that Section 125 cannot be invoked where the GST law specifically provides for late fee under Section 47 for non-filing defaults. The ruling clarifies that general penalty provisions operate only in the absence of a specific penalty mechanism.
The Madras High Court held that failure to file the annual return in Form GSTR-9 attracts late fee under Section 47(2) of the CGST Act. It further ruled that penalty under Section 125 is permissible where no separate penalty is prescribed for such default.
The issue was whether ITC could be denied solely because the taxpayer failed to produce lorry receipts and weighment slips despite possessing tax invoices and dealing with a registered supplier.
The Madras High Court held that overseas travel under LTC was merely an administrative concession without statutory backing. Its withdrawal did not violate service conditions or employees’ rights.
The High Court remitted the GST matter for fresh consideration after the taxpayer agreed to deposit 25% of the disputed tax. The Court also directed submission of a reply to the show cause notice within the prescribed period.
Madras High Court condoned delay in filing an income tax return by a co-operative society, holding that small farmer-members should not suffer due to administrative lapses.
