ITC Claim on elevators and ACs Upheld: Section 73 Proceedings Quashed After Accepting Explanation under Section 61 Summary in Key Points: Issue: Could proceedings under Section 73 be initiated after the revenue accepted the assessee’s explanation regarding ITC eligibility? Facts: The petitioner, a hotel operator, filed GSTR 3B returns for FY 2017-18. The revenue, after… Read More »
GST Assessment Order Set Aside: Notice uploaded to the “additional notices and orders” tab on the GST portal., Opportunity Granted Upon Deposit of 25% disputed tax Summary in Key Points: Issue: Was the assessment order valid when it was only uploaded to the GST portal and not properly served on the assessee, preventing them from… Read More »
ITC Reversal Order Set Aside: Duplicate Proceedings for Same Period Summary in Key Points: Issue: Were the subsequent assessment proceedings and the resulting order valid, given that they covered the same supplies and period as the earlier proceedings, leading to contradictory decisions regarding ITC reversal? Facts: The petitioner-assessee faced assessment proceedings for the period 2019-2020,… Read More »
Flavored Milk Classified Under Tariff Heading 0402 Taxable @ 5% in GST Summary in Key Points: Issue: Under which tariff heading does flavored milk fall—0402 (milk and milk products) or 2202 (beverages, spirits, and vinegar)? Facts: The assessee initially paid tax on flavored milk under tariff entry 2202 under the old Central Excise Act. After… Read More »
State GST authorities had no jurisdiction to issue show cause notice after CGST authorities had already issued show cause notice on same subject matter. Summary in Key Points: Issue: Could both Central GST (CGST) and State GST (SGST) authorities issue show cause notices on the same subject matter? Facts: The petitioner challenged the jurisdiction of… Read More »
Penalty under Section 270A Deleted: Notice issued for under reporting of income but Penalty levied for misreporting of income Summary in Key Points: Issue: Was the penalty levied under Section 270A valid, given the vague nature of the notice and the lack of specific mention of ‘misreporting of income’? Facts: The assessee filed a… Read More »
Reassessment Notice Valid Despite Being Issued in Name of Amalgamated Company Summary in Key Points: Issue: Was the reassessment notice issued under Section 148 invalid because it was issued in the name of a company that had already been amalgamated with the assessee-company? Facts: The assessee-company challenged a notice issued under Section 148 for AY… Read More »
Deduction under Section 80P(2)(d) Allowed for Interest Income from Cooperative Bank Summary in Key Points: Issue: Was the assessee, a cooperative society, entitled to a deduction under Section 80P(2)(d) for interest earned on fixed deposits with a cooperative bank? Facts: The assessee claimed a deduction under Section 80P(2)(d) for interest income earned from investments in… Read More »
SLP Dismissed: Tax Effect Below Threshold for Challenging Section 80-IB Deduction Summary in Key Points: Issue: Should the Supreme Court entertain the Special Leave Petition (SLP) challenging the High Court’s decision allowing a deduction under Section 80-IB for the process of filling mushroom powder in gelatin capsules? Facts: The High Court held that filling mushroom… Read More »
Section 80G Approval: Inadvertently mentioned the wrong clause in the application , Matter Remanded for Reconsideration Summary in Key Points: Issue: Should the assessee-trust be granted final approval under Section 80G(5) for its educational activities, despite an error in the application form and the lack of a hearing opportunity? Facts: The assessee-trust, engaged in providing… Read More »