The High Court held that general penalty under Section 125 cannot be imposed when late fee is already levied under GST law. The court therefore removed the penalty while confirming the late fee liability.
Israr Ahmad Khan Vs Amarnath Prasad & Ors. (Supreme Court of India) The Supreme Court considered contempt proceedings arising from alleged non-compliance with its earlier order dated 20.05.2025 passed in Civil Appeals No. 7023/2025 and 7024/2025. At the outset of the hearing, senior counsel representing the alleged contemnors sought permission to withdraw from the matter, […]
The Court ruled that a person who is neither a director, shareholder, nor employee of a company cannot be made liable for its tax dues through attachment of a personal bank account.
The High Court held that once concessional late fee under Section 47 is paid for delayed GSTR-9 filing, a separate general penalty under Section 125 cannot be imposed. The additional penalty was quashed.
The High Court granted regular bail in a ₹26.19 crore fake ITC case, noting prolonged custody, documentary evidence, and that the offence is triable by a Magistrate with a maximum five-year sentence.
The Tribunal held that the revised ₹25 lakh exemption limit for leave encashment under Section 10(10AA) must be considered and remanded the matter to the Assessing Officer for recomputation. The decision emphasizes applying the enhanced limit even for earlier assessment years where judicial precedents support the claim.
ITAT Ahmedabad held that an unsigned Excel sheet found during survey, without corroborative evidence, cannot justify addition for alleged cash payments.
Madras High Court quashed assessment under Section 74 as no personal hearing was granted and the same assessment year was reassessed for higher demand.
The High Court held that once income is duly recorded in an Income Tax Return, the Tribunal need not examine the source of income in accident claims. Compensation was enhanced by applying correct multiplier and future prospects.
The Karnataka High Court held that consolidating multiple financial years into a single show cause notice under Section 74 is illegal and without jurisdiction. The impugned notice was quashed with liberty to initiate fresh proceedings.
