This would lead one to the inescapable conclusion of no perceivable or plausible tax liability possibly being created. Consequently, the proceedings initiated in terms of the impugned SCNs‟ and their continuance would be futile and impractical.
Further, in reference application filed under the Settlement Act, the Dy CST passed an order of settlement u/s 13(1) and arrived at the same figure of the settlement amount which were calculated by the assessee in its application.
Assessee had deposited Rs.2,25,00,000/- during the demonetization period in the bank account and explained the reason of the cash deposit, hence he had discharged the onus and prove the genuineness of the transaction.
Delhi HC modifies cancellation date of GST registration for Deepali Kapoor, ruling against retrospective effect. Registration now cancelled from 03.02.2023.
Delhi High Court directs GST cancellation for Green Work Metal to take effect from 16.01.2021, revising the previous order that set it retroactively to 11.09.2017.
ITAT Ahmedabad directs AO to grant TDS credit to Shiva Pharmachem, even with certificates under merged company’s name, provided income is assessed with the assessee.
ITAT Ahmedabad allows Rotomag Motors’ warranty claim based on a scientifically validated method, overturning CIT(A) disallowance. Case details and analysis.
ITAT Ahmedabad partially upholds CIT(A)’s decision on TCS collection under Section 206C. Analysis focuses on Form 27C delays, procedural compliance, and tax implications.
Kerala GST AAR reclassifies food products of HIC-ABF Special Foods, covering ready-to-eat items and their applicable HSN codes for accurate tax rates.
AAR Kerala clarifies that branded halwa is not classified as “Namkeens” and is taxed at 5% under HSN Code 210690. Learn about the ruling on halwa classification.
