ITAT Mumbai rules presumptive taxation under Section 44AD doesn’t bar Section 68 additions for unexplained cash credits from suspicious transactions.
Madras High Court sets aside GST order against Tvl Sakthi Murugan Lorry Service, directing fresh consideration due to insufficient notice and no personal hearing.
Calcutta HC rules technical error in e-way bill leading to wrong vehicle number is not a basis for a writ petition when an alternate remedy is available.
Gauhati High Court rejected Jitu Enterprises’ request for 48 GST installments, citing statutory limits. The firm can reapply for 24 installments.
Bombay High Court rules Section 14A disallowance cannot exceed actual exempt income, upholding Tribunal decision against Revenue in HSBC Invest Direct case.
Maharashtra AAR rules liquidated damages, forfeited deposits, and written-back balances for MSETCL are not supply under GST, impacting tax liability for state transmission utility.
Bombay High Court rules cash credit accounts cannot be provisionally attached under MGST Act Section 83, citing they are not taxpayer property.
Alipurduar Court grants bail to Sushil Agarwal, accused in a Rs 15.30 crore cement smuggling case, citing Supreme Court guidelines on liberty and prolonged custody.
An assessee’s appeal against a 2018-19 tax assessment regarding unexplained receipts from a foreign loan repayment. This case details the arguments, evidence presented, and the final decision.
A writ petition challenging a rejected appeal due to a 285-day delay is reviewed. The court condones the delay, setting aside the rejection order, subject to an additional tax payment.
