Monthly Archives: January 2025

 Rebate Claims for Exported Telecom Services Allowed Despite Missing Original Documents

By | January 27, 2025
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 Rebate Claims for Exported Telecom Services Allowed Despite Missing Original Documents Summary in Key Points: Issue: Whether the rejection of rebate claims for exported telecom services was justified due to the non-submission of original documents, which were lost during inter-departmental transfer within the revenue department. Facts: The petitioner, a telecom service provider, claimed rebates for… Read More »

Category: GST

8 IMPORTANT INCOME TAX CASE LAW 26.01.25

By | January 27, 2025
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8 IMPORTANT INCOME TAX CASE LAW 26.01.25 Sr No Case Law Title Brief Summary Citation Relevant Act 1 Discovery Networks Asia Pacific Pte Ltd. v. A.C.I.T Advertisement and distribution revenue taxable in India as business profits.   Click Here Section 9 Income Tax Act, 1961 2 Discovery Networks Asia Pacific Pte Ltd. v. A.C.I.T Penalty… Read More »

Revenue Department is Obligated for Time-Bound Disposal of TDS Refund Application and Interest Payment

By | January 27, 2025
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Revenue Department is Obligated for Time-Bound Disposal of TDS Refund Application and Interest Payment Summary in Key Points: Issue: Whether the revenue department is obligated to process and dispose of a TDS refund application within a specific time frame and whether interest is payable on delayed refunds. Facts: The assessee filed a writ petition seeking… Read More »

Reopening of Assessment of a Dissolved Company is invalid

By | January 27, 2025
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Reopening of Assessment of a Dissolved Company is invalid Summary in Key Points: Issue: Whether the Assessing Officer (AO) can initiate reassessment proceedings under Section 148 of the Income-tax Act, 1961 against a company that has been dissolved. Facts: The assessee-company was dissolved in 2011. However, the AO issued a reopening notice under Section 148… Read More »

Notice under Section 148 issued against a deceased person held invalid.

By | January 27, 2025
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Notice under Section 148 issued against a deceased person held invalid. Summary in Key Points: Issue: Whether a notice issued under Section 148 of the Income-tax Act, 1961 to a deceased person is valid, and whether reassessment proceedings can be initiated against the legal representatives of the deceased after the expiry of the limitation period.… Read More »

 Transfer of Jurisdiction and Assessment Order Invalid under Section 127 of the Income-tax Act if , AO failed to provide a reasonable opportunity of hearing to the assessee and recording reasons for the transfer.

By | January 27, 2025
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 Transfer of Jurisdiction and Assessment Order Invalid under Section 127 of the Income-tax Act if , AO failed to provide a reasonable opportunity of hearing to the assessee and recording reasons for the transfer. Summary in Key Points: Issue: Whether the transfer of the assessee’s case to a different Assessing Officer (AO) and the subsequent… Read More »

Amendments to Section 17(2) Rent Perquisite Valuation is Constitutionaly Valid : SC

By | January 27, 2025
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Amendments to Section 17(2) Rent Perquisite Valuation is Constitutionaly Valid : SC Summary: Issue 1: Whether the amendments to Section 17(2)(ii) of the Income-tax Act, 1961, relating to the valuation of perquisites in the form of rent concessions for bank employees, are constitutional. Issue 2: Whether the legislature can create a legal fiction to deem… Read More »

9 Important GST Case Laws 26.01.2025

By | January 27, 2025
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9 Important GST Case Laws 26.01.2025 Sr No Case Law Title Brief Summary Citation Relevant Act 1 Vodafone Idea Ltd. v. Union of India  Rebate Claims for Exported Telecom Services Allowed Despite Missing Original Documents Click here Section 11B Central Excise Act, 1944 2 Frontier Shelters (P.) Ltd. v. Joint Commissioner Delayed filing their GSTR-3B… Read More »

High Court directs CBDT to allow sec. 87A rebate claim from Special Rate Income also

By | January 27, 2025
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High Court directs CBDT to allow sec. 87A rebate claim from Special Rate Income also Summary: The Chamber of Tax Consultants filed a Public Interest Litigation (PIL) challenging the modification of the online tax return filing utility by the Income Tax Department. The modification prevented taxpayers from claiming a rebate under Section 87A of the… Read More »