Explore the Kerala High Court directive to GSTN regarding refund claims, errors rectification, and implications for petitioners. Detailed analysis and outcome included.
Explore the Kerala High Court’s decision in Vadakkot Chackoo Devassy v. State of Kerala, where the assessment order was invalidated due to the petitioner’s inability to respond following the cancellation of GST registration.
The case of Beantkaur Avtarsingh Juneja versus ITO, Nagpur, has sparked significant debate regarding recoverability of income tax penalties from legal representatives of deceased individuals accused of tax offenses.
Delhi High Court held that acceptance of settlement and order passed by the Income Tax Settlement Commission (ITSC) based on full and true disclosure not to be interfered under Article 226 of the Constitution.
NCLAT Delhi held that as creation of security interest on the assets of Corporate Debtor not proved by any documents, Resolution Professional duly declared Appellant as unsecured Financial Creditor.
Penna Cement Industries Ltd. Vs State of Andhra Pradesh (Andhra Pradesh High Court) – GST recovery proceedings can be initiated only if amount is not paid within a period of 3 months from the date of service of order
Presence of mens rea is deemed essential for imposition of penalties related to tax evasion. Mere technical errors, without evidence of intent to evade taxes, do not warrant penalty imposition.
The Presbyterian Churc Co. Operating Credit & Thrift Society Ltd. Vs ITO (ITAT Jaipur) Section 80P(2)(a)(i) deduction cannot be denied without specifying how the claim of the assessee is not correctly claimed & for motioning status as AOP
Supreme Court held that that the amounts covered by security deposits under the agreements constitute financial debt. Accordingly, section 5(7) of IBC categorizes the person as financial creditor if a financial debt is owned to it.
Get insights into the recent judgment by the Chhattisgarh High Court favoring Mahindra & Mahindra Limited, setting aside an adverse order under CGST Act Section 73.
