GST registration can not be cancelled with retrospective effect just because GST return not filed for some period : High Court HIGH COURT OF DELHI Ramesh Chander v. Assistant Commissioner of Goods & Service Tax SANJEEV SACHDEVA AND RAVINDER DUDEJA, JJ. W.P.(C) NO. 822 OF 2024 CM. APPL. NO. 3521 OF 2024 JANUARY 19, 2024 Jyoti Nambiar,… Read More »
GST Order not valid if consultant engaged by Taxpayer did not informed him about notice and he could not reply : High Court 1. The petitioner assails an assessment order dated 10-8-2023 imposing tax liability of Rs. 1,18,996/-, interest of Rs. 1,13,786/- and penalty of Rs. 20,000/- for the financial year 2017-18. 2. The petitioner asserts that… Read More »
Income Tax assessment order not valid if Assessing Officer overlooked email reply : High Court HIGH COURT OF DELHI APHV India Investco. (P.) Ltd. v. Assistant Commissioner of Income-tax, Circle IT 1(1)(1) RAJIV SHAKDHER AND GIRISH KATHPALIA, JJ. W.P.(C) NOS. 14224 OF 2022 & OTHS. CM APPL. NOS. 43451 OF 2022 & OTHS. SEPTEMBER 6, 2023 Kamal… Read More »
ICAI has prepared Draft Bank Branch Auditors’ Panel (MEF) for the year 2023-24 The Institute of Chartered Accountants of India has requested its members to check the draft hosted panel for bank branch auditors’ consisting of Chartered Accountants/firms for the year 2023-24 prepared as per the RBI Norms dated 6th March, 2023 at https://app.meficai.org/draftPanel. The members… Read More »
No penalty for non-filling of Part B of e-way bill if invoice contain details of vehicle : High Court HIGH COURT OF ALLAHABAD Rawal Wasia Yarn Dying (P.) Ltd. v. Commissioner Commercial Tax SHEKHAR B. SARAF, J. WRIT TAX NO. 352 OF 2023 JANUARY 16, 2024 Pooja Talwar for the Petitioner. C.S.C. for the Respondent. ORDER Shekhar B.… Read More »
GST Order not valid if Notice not issued but only Summary of show cause notice was issued : High Court Alok Steel Industries (P.) Ltd. v. State of Jharkhand RONGON MUKHOPADHYAY AND DEEPAK ROSHAN, JJ. W.P. (T) NO. 5408 OF 2023 DECEMBER 11, 2023 Sumeet Gadodia, Shilpi Sandil Gadodia and Ranjeet Kushwaha, Advs. for the Appellant. Aditya Kumar Pandey for the Respondent. JUDGMENT… Read More »
New Income Tax on Benefit or Perquisite from AY 2024- 25 I Alert for ITR filer and Tax Auditor I
Defective return is not Invalid Return if Assessing officer failed to inform defect : Supreme Court The returns for the three assessment years under consideration were not accompanied by the regular books of account. Though under sub-section (9)(f) of Section 139, such returns could have been treated as defective returns by the assessing officer and… Read More »
Final Audit Report to be quashed if reply of the Taxpayer not considered by GST Officer : High Court HIGH COURT OF ANDHRA PRADESH PBL Transport Corporation (P.) Ltd. v. Assistant Commissioner (ST) RAVI NATH TILHARI AND HARINATH NUNEPALLY, JJ. WRIT PETITION NO.33477 OF 2023 JANUARY 4, 2024 JUDGMENT (per Hon’ble Sri Justice Ravi Nath Tilhari) –… Read More »
CIT(A) can’t remand matter back to Assessing Officer after having decided the case in favour of the assessee in its entirety. HIGH COURT OF CALCUTTA Arun Kumar Bose v. Income-tax Officer T.S. SIVAGNANAM, CJ. AND HIRANMAY BHATTACHARYYA, J. ITAT NO. 147 OF 2023 IA NO. GA/1/2023 AUGUST 2, 2023 Ms. Sutapa Roy Choudhary and Ms. Aratrika Roy, Advs. for the Appellant. Om… Read More »