Gujarat AAR rules that charges for deposit works like constructing transmission infrastructure are exempt from GST under Entry 25A, effective Oct 10, 2024. Understand the implications for electricity utilities.
Gujarat AAR clarifies GST rates on pre-packaged rice exports. Rules on 5% IGST for direct exports and concessional 0.1% for ‘bill to ship to’ scenarios, subject to conditions.
Delhi HC allows an appeal against a customs fraud penalty, directing petitioner to Commissioner (Appeals) and permitting adjustment of a ₹2 crore pre-deposit already paid.
Bombay High Court rules that the omission of CGST Rules 89(4B) and 96(10) without savings clauses leads to the lapse of pending show cause notices and orders.
Supreme Court of India upholds a landlord’s eviction claim, ruling that a tenant is legally barred from denying the landlord’s ownership after decades of tenancy.
ITAT Delhi quashes ₹8.11 Cr addition, ruling reassessment void due to mechanical approval by JCIT. AO’s lack of independent mind also cited. Safeguards are not rituals.
ITAT directs fresh transfer pricing analysis for UST Global, ruling that tax authorities must apply an upper turnover filter when using a lower one.
Delhi High Court validates income tax department’s search and seizure of Rs.4.6 Cr in bullion and jewellery, dismissing claims of undisclosed assets and CBDT limits.
Delhi High Court rules purchases from foreign AEs without a PE are not taxable in India, preventing Section 40(a)(i) disallowance and upholding DTAA non-discrimination clauses.
Delhi High Court held that employees contribution to Employees Provident Fund [EPF] or Employees State Insurance [ESI] is to be made on or before statutory due date set out in respective EPF/ESI Act.
