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Gujarat HC Grants Bail in ₹537 Cr ITC Fraud

March 19, 2025 4419 Views 0 comment Print

Gujarat High Court grants bail to Pragnesh Manharbhai Kantariya in ₹537 crore fake transaction case, allowing conditional release amid pending trial proceedings.

Separate GST Orders should be issued for each year Despite Composite SCN: Kerala HC

March 19, 2025 3696 Views 0 comment Print

Kerala High Court addresses GST show cause notice to Lakshmi Mobile, focusing on separate orders and hearing opportunities.

Bombay HC: Unexplained Bank Credits Taxable under Sec 68, Orders Probe into Accommodation Entry Racket

March 18, 2025 3291 Views 0 comment Print

Bombay HC rules unexplained bank credits are taxable under Sec 68. Orders probe into accommodation entry racket by Buniyad Chemicals.

ITAT Ahmedabad Allows Deduction of GST Interest & Late Fees

March 18, 2025 1425 Views 0 comment Print

ITAT Ahmedabad upholds deduction of GST interest & late fees, ruling they are compensatory, not penal. Read the key observations & legal precedents cited.

Section 271(1)(c) Penalty Invalid if AO Omits Specific Reason for Imposition

March 18, 2025 1386 Views 0 comment Print

ITAT Visakhapatnam sets aside penalty on Malla Appalaraju under Section 271(1)(c) due to a defective notice, ruling it void ab initio.

Word Annual Denotes 12 Months: ITAT Clarifies Rule 8D(2)(ii) Calculation Methodology

March 18, 2025 930 Views 0 comment Print

ITAT Mumbai rules on Radiant Life Care’s appeal against disallowance under Section 14A of the Income Tax Act. Key interpretation of Rule 8D(2)(ii) discussed.

No Capital Gains for Joint Owner Without Beneficial Ownership: ITAT Mumbai

March 18, 2025 5208 Views 0 comment Print

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Unsigned & DIN-Less GST Orders are Invalid: AP HC Ruling

March 18, 2025 2667 Views 0 comment Print

AP High Court invalidates unsigned GST orders without DIN, citing CBIC guidelines. Learn key legal takeaways and compliance requirements for valid GST assessments.

GST Applies to School Transport Services given Directly to Students: AAR Tamil Nadu

March 17, 2025 2601 Views 0 comment Print

Tamil Nadu AAR rules that school transport services provided directly to students are not exempt from GST under Notification No.12/2017. Read the full analysis.

Section 143(2) Assessment bars Section 143(1) Summary processing: ITAT Delhi

March 17, 2025 6090 Views 0 comment Print

ITAT Delhi allows India Thermit Corporation’s appeal, ruling that scrutiny assessment under Section 143(2) bars summary processing under Section 143(1).

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