IGST and Service Tax Refund Allowed on Ocean Freight: Levy Unconstitutional Summary in Key Points: Issue: Was the petitioner entitled to a refund of IGST and Service Tax paid on ocean freight for natural gas imports? Facts: The petitioner, engaged in electricity generation and distribution, imported natural gas on a CIF basis. They paid IGST… Read More »
Assessee granted opportunity to revoke cancellation of registration upon payment of dues. Summary in Key Points: Issue: Should the delay in filing the application for revocation of GST registration cancellation be condoned? Facts: The assessee’s registration was cancelled. The assessee filed a revocation application, but there was a delay. Decision: Citing Mohanty Enterprises v. Commissioner,… Read More »
GST Registration Cancellation Revoked on Payment of Dues : Delay in Revocation Application Condoned Summary in Key Points: Issue: Should the delay in filing the application for revocation of GST registration cancellation be condoned? Facts: The assessee’s registration was cancelled. The assessee filed a revocation application, but there was a delay. The assessee was willing… Read More »
Order of cancellation of GST registration upheld due to delay in filing appeal. Summary in Key Points: Issue: Was the rejection of the assessee’s appeal against GST registration cancellation justified due to the appeal being filed beyond the limitation period? Facts: The assessee’s GST registration was cancelled for non-filing of returns for six months. The… Read More »
GST Tax Demand Set Aside: A Summary of SCN cannot replace the SCN required under Section 73(1). Summary in Key Points: Issue: Was the tax demand valid given the lack of a proper show cause notice (SCN), denial of a personal hearing, and lack of proper officer signature on the documents? Facts: A Summary of… Read More »
NEW INCOME TAX BENEFITS TO SENIOR CITIZENS in BUDGET 2025 FROM FY 2025-26/ AY 2026-27
ITC Allowed Despite Delayed Returns Filed for FY 2017-18: Retrospective Amendment Provides Relief Summary in Key Points: Issue: Was the restriction on availing Input Tax Credit (ITC) within a specific timeframe, imposed by Section 16(4) and Rule 61(5), valid? Was the retrospective amendment of Rule 61(5) also valid? Facts: The petitioner challenged Section 16(4) and… Read More »
Income Tax Case Laws in January 2025 7 IMPORTANT INCOME TAX CASE LAWS 31.01.2025 7 IMPORTANT INCOME TAX CASE LAWS 30.01.2025 7 IMPORTANT GST CASE LAWS 29.01.2025 7 IMPORTANT GST CASE LAW 28.01.2025 8 IMPORTANT GST CASE LAWS 27.01.25 9 Important GST Case Laws 26.01.2025 7 IMPORTANT GST CASE LAW 25.01.2025 21 IMPORTANT GST CASE… Read More »
7 IMPORTANT INCOME TAX CASE LAWS 31.01.2025 Sr No Case Law Title Brief Summary Citation Relevant Act 1 Smt. Shantha Vidyasagar Annam v. Income-tax Officer Development agreement did not constitute a “transfer” under Section 2(47). Click Here Section 2(47) Income Tax Act, 1961 2 Patnala Srinivas v. Income-tax Officer Claim of agricultural income denied as… Read More »
Penalty Order Time-Barred: Reference to Additional Commissioner Initiates Proceedings Summary in Key Points: Issue: Was the penalty order time-barred under Section 275, given the timeline of the reference, show cause notice, and the penalty order itself? Facts: The assessee’s return was selected for scrutiny, and additions were made to the declared income. The Assessing Officer… Read More »