GST Registration Cancellation Quashed as the grounds for cancellation in the order differed from those in the SCN. Summary in Key Points: Issue: Whether the cancellation of the assessee’s GST registration was valid when the grounds for cancellation in the order differed from those mentioned in the show cause notice (SCN). Facts: The assessee’s registration was… Read More »
GST Registration Cancellation Upheld for Fraudulent Declaration of Business Premises and lacked the required panchayat license Summary in Key Points: Issue: Whether the cancellation of the assessee’s GST registration was justified when the assessee was found to have provided false information about their place of business and did not possess the necessary license to operate.… Read More »
Blocking of Input Tax Credit (ITC) under Rule 86A Upheld even if the ITC is not currently in the electronic credit ledger Summary in Key Points: Issue: Whether the revenue department’s action of blocking ITC under Rule 86A of the CGST Rules, 2017, was valid despite the ITC not being currently available in the electronic… Read More »
Writ Petition Challenging GST Show Cause Notice Dismissed in Due to Availability of Alternate Remedy Summary in Key Points: Issue: Whether a writ petition challenging a show cause notice (SCN) issued for multiple years under Section 73 of the GST Act is maintainable when the assessee has an alternate remedy of appeal. Facts: The assessee… Read More »
13 IMPORTANT INCOME TAX CASE LAW as on 24.01.2025 Sr No Case Law Title Brief Summary Citation Relevant Act 1 Commissioner of Income-tax (Exemption) v. AIC@36Ince Assessee’s activities held to be charitable and entitled to registration under Section 12AA. Click Here Section 2(15) Income Tax Act, 1961 2 Deputy Commissioner of Income-tax v. Krishan Kumar… Read More »
Section 12AA Registration Granted to Society Promoting Technology Business Incubators and Start-ups Summary in Key Points: Issue: Whether a society engaged in promoting technology business incubators and raising funds for start-ups can be considered to have charitable purposes and be eligible for registration under Section 12AA of the Income-tax Act, 1961. Facts: The assessee-society, registered… Read More »
Writ petition dismissed as the petitioner had not exhausted alternate remedies. Summary in Key Points: Issue: Whether a writ petition challenging an assessment order passed under Section 143(3) of the Income-tax Act, 1961 is maintainable when the assessee has an alternate remedy of appeal available under the Act. Facts: The Assessing Officer (AO) issued a… Read More »
Reassessment Notice Quashed as it was based on information from CGST authorities, without conducting a proper inquiry Summary in Key Points: Issue: Whether the Assessing Officer (AO) was justified in issuing a reopening notice under Section 148 of the Income-tax Act, 1961 based on information from the CGST authorities, without conducting a proper inquiry and… Read More »
Deduction for Leave Encashment Fund Contribution allowed only when they are actually paid as per Section 43B Summary in Key Points: Issue: Whether a company can claim a deduction under Section 36(1)(iv) of the Income-tax Act, 1961 for contributions made towards a leave encashment fund for its employees in the year of contribution, even though… Read More »
Reopening of Assessment for Bad Debts Deduction – SLP Dismissed for Delay and Lack of Merit Summary in Key Points: Issue: Whether the Supreme Court should entertain a Special Leave Petition (SLP) filed by the revenue department challenging the High Court’s decision to quash the reopening of an assessment related to the deduction for bad… Read More »