Punjab and Haryana HC allows Steel Kart’s appeal, condoning delay in filing due to lack of knowledge about GST order under Haryana GST Act.
Madras HC rules in favor of Vinayaga Agencies, granting input tax credit under Section 19(1) of TNVAT Act, despite seller’s failure to deposit tax.
Andhra Pradesh HC ruled GST demand invalid as no proper time was granted to Avexa Corporation for document gathering after GST registration cancellation.
Madras High Court rules that GST orders cannot exceed defects in Show Cause Notice. Case of Tvl. Senthil Hardwares vs. State Tax Officer.
The said business transaction was carried out between the period from 11.05.2019 to 13.10.2021, where an amount of Rs. 4,48,30,421 was said to be due to be paid to him.
During the assessment proceedings, AO provided many opportunities to the Assessee to explain the nature and source of deposits made during the demonization period, however, the Assessee did not gave any satisfactory explanation during the assessment proceedings.
ITAT Jaipur held that time limit of filling the application for recognition u/s. 80G of the Act has been extended by the Board. Accordingly, benefit extension provided and matter restored to file of CIT(E).
ITAT Bangalore held that no separate benchmarking of royalty payment required when the margin is accepted to be at arms length price (ALP) by the TPO. Thus, appeal of the revenue dismissed.
Kerala High Court held that considering merits of the matter while deciding application for condonation of delay for filing revised returns not justified.
ITAT Bangalore rules penalty under Section 271B cannot be levied for technical breach without malafide intention, in the case of Chinnayellappa Chandrashekar.
