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Judiciary

Reassessment Quashed as Reasons Recorded Contained Wrong Return Date & Income Figures

June 2, 2026 453 Views 0 comment Print

ITAT Chandigarh held that reassessment proceedings were invalid because the Assessing Officer recorded incorrect facts regarding the return filing date and declared income. The Tribunal ruled that such defective reasons could not support a valid belief of escaped income.

Chilli Grinding Job Work GST Issue Left Undecided Due to Withdrawal of AAR Application

June 2, 2026 150 Views 0 comment Print

Karnataka AAR disposed of the application after the applicant informed that GST demand orders on the same issue were already under appellate consideration. No ruling was given on the merits.

Large futures positions alone cannot establish Share Price manipulation/Fraud: SC

June 2, 2026 444 Views 0 comment Print

The Supreme Court held that SEBI failed to establish fraud and market manipulation in RPL futures transactions. While disgorgement was quashed, penalties for violation of position-limit disclosure requirements were upheld.

GST Advance Ruling Application Withdrawn as ITC Time-Limit Issue Was Outside AAR Jurisdiction

June 2, 2026 192 Views 0 comment Print

Karnataka AAR disposed of the application after observing that a request for extension of the ITC availment deadline did not fall within matters covered under Section 97(2) of the CGST Act.

Factory Canteen ITC Allowed Only to Extent of Actual Employer Expenditure

June 2, 2026 453 Views 0 comment Print

The authority clarified that ITC cannot be claimed on amounts recovered from employees toward canteen facilities. Credit is restricted to the expenditure actually incurred by the employer.

SC Refuses Writ Relief Due to Alternative GST Appeal Remedy, Allows Delayed Appeal Filing

June 2, 2026 567 Views 0 comment Print

SC declined interference as statutory GST appeal was available, but allowed appeal within eight weeks and protected it from dismissal for delay.

Natural Justice & Plenary Interventions: Deconstructing SC’s Verdict in Hathiramji Mutt Case

June 2, 2026 444 Views 0 comment Print

The Supreme Court quashed the removal of a Mathadhipati after finding that relied-upon documents were not properly supplied and the enquiry process violated principles of natural justice. A fresh enquiry was ordered through an independent mechanism.

Disallowance of Car & Telephone Expenses Deleted as Company Cannot Have Personal Expenses

June 1, 2026 2730 Views 0 comment Print

The Delhi High Court held that personal-use disallowance principles applicable to individuals cannot automatically apply to companies. The Tribunal’s order sustaining disallowance of one-sixth of car and telephone expenses was set aside.

Parallel GST Proceedings Cannot Continue as Section 6(2)(b) Bars Duplicate Adjudication

June 1, 2026 678 Views 0 comment Print

The case involved simultaneous proceedings by Central and State GST authorities concerning the same tax period and subject matter. The High Court directed both authorities to coordinate and ensure that only one authority continues adjudication in accordance with the Supreme Court’s ruling.

Challenge to Pan Masala Cess Notice Dismissed as SCN Was Only a Proposal

June 1, 2026 324 Views 0 comment Print

The Allahabad High Court held that the impugned notice merely proposed a cess demand and did not contain a final determination. The petitioner was directed to pursue statutory remedies by filing objections before the authority.

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