GST Demand Order Set Aside as Summary SCN could not replace the proper SCN u/s 73 Summary in Key Points: Issue: Was the tax demand valid when a proper show cause notice (SCN) was not issued, and the assessee was denied a personal hearing? Facts: The petitioner received a Summary of Show Cause Notice (Form… Read More »
Proceedings Under Section 130 Quashed because for Excess Stock Found During Survey notice should be issued u/s Section 73/74 Summary in Key Points: Issue: Whether proceedings under Section 130 of the CGST/UPGST Act were permissible for alleged excess stock found during a survey/inspection. Facts: The assessee’s business premises were surveyed under Section 67, and based… Read More »
GST Assessment Order Quashed Because New Issues Raised Beyond Scope of Show Cause Notice Summary in Key Points: Issue: Was the assessment order valid when it raised new issues not included in the original show cause notice? Facts: A show cause notice was issued to the assessee regarding discrepancies between GSTR and TDS deductions. The… Read More »
GST Registration Cancellation Revoked: Restoration Allowed Upon Payment of Dues Summary in Key Points: Issue: Whether the cancellation of the assessee’s GST registration for non-filing of returns for six months was justified, and if so, what recourse the assessee had after the appeal period lapsed. Facts: The assessee’s GST registration was cancelled after a show-cause… Read More »
Input Tax Credit Disallowance Set Aside: Retrospective Amendment Allows Claim for 2017-18 to 2020-21 Summary in Key Points: Issue: Whether the disallowance of Input Tax Credit (ITC) was justified due to claims being filed beyond the initially prescribed period under Section 16(4) of the CGST/TNGST Act. Facts: The assessee’s ITC claims for the period 2017-18… Read More »
GST Refund for Government Contractor Due to Rate Revision even though the payment system is locked Summary in Key Points: Issue: Whether a government contractor is entitled to a refund of the differential amount due to a revision in GST rates, even though the payment system is locked and the contractor did not submit a… Read More »
INCOME TAX CALCULATIONS FY 2025-26 / AY 2026 -27 I NCOME RS 12.75 LAKH I TAX =0
Notices under Section 153C for Non-Searched Entity not valid as not based on satisfaction note. Summary in Key Points: Issue: Whether notices issued under Section 153C of the Income-tax Act, 1961 for assessment years 2014-15 to 2020-21 were valid in the case of a non-searched entity. Facts: The assessee challenged notices issued under Section 153C… Read More »
Reassessment notice quashed as it was issued beyond 6 YEARS and without proper approval. Title: Validity and Time Limit of Reassessment Notices and Sanctioning Authority under the Income-tax Act, 1961 Summary in Key Points: Issue 1: Whether reassessment notices issued after April 1, 2021, under the amended Section 148A(b) are valid, and what time limit… Read More »
The Finance Bill, 2025, proposes several key changes in the Income Tax Act, 1961, to continue reforms in the direct tax system through tax reliefs, removing difficulties faced by taxpayers, and rationalizing1 various provisions. Here are some of the key changes: Exemption to withdrawals by Individuals from National Savings Scheme from taxation Section 80CCA: This… Read More »