The Chhattisgarh High Court has granted bail to Aman Kumar Agrawal, accused of fraudulently availing over ₹23 crore in GST input tax credit. The court cited the completion of the investigation and the accused’s cooperation.
The ITAT Bangalore rules that while a co-operative society’s late IT return warrants disallowing its Section 80P deduction, the tax authorities must still assess and tax the net profit, not the gross income, after allowing for all related expenses.
The ITAT has directed the tax department to refund ₹37.88 lakh to a non-resident for an incorrect TDS credit, dismissing the tax authority’s reasoning as vague.
ITAT reverses a tax addition on cash withdrawals, ruling that they were genuine business turnover and not unexplained income.
The ITAT dismisses a cooperative society’s appeal over disallowed tax deductions after the society confirmed it is pursuing an alternative remedy.
The Andhra Pradesh High Court has set aside a GST penalty order for lacking a signature, stating an unsigned notice is invalid regardless of a taxpayer’s delay in challenging it.
The Calcutta High Court addressed a petition by Archana Bazaz seeking the removal of goods seized by the GST department from her godown.
Supreme Court upheld a Delhi High Court order directing release of an imported Maserati car seized by DRI on failure to issue a show-cause notice within time prescribed under section 110 (2) of Customs Act, 1962 as section 110A functions as an interim arrangement to allow release of goods, including perishable or fast-moving items, but does not in any way impede or limit the mandatory time limit in Section 110(2).
In Palfinger Cranes v. Commissioner of Customs, CESTAT Chennai ruled that a company is eligible for a Special Additional Duty (SAD) refund, classifying the failure to endorse invoices as a procedural lapse.
Once the Division Bench had remitted the matter without entertaining the plea of alternative remedy, learned Single Judge was not justified in dismissing writ petitions on that ground again; matter remitted for decision on merits.
