Condonation of Delay for Form 10AB under Finance Act (No. 2), 2024 1. The Core Dispute: Late Filing of Form 10AB The assessee-trust held a provisional registration under the new tax regime. To transition from provisional to regular (permanent) registration, the trust was required to file Form 10AB within the prescribed window (either six months… Read More »
IMPORTANT GST CASE LAWS 04.02.2026 Relevant Act Section Case Law Title Brief Summary Citation CGST Act, 2017 Section 11 / Exemption Advanced Hair Restoration India (P.) Ltd., In re [Healthcare Exemption] Treatments for Psoriasis, Dermatitis, and Anti-fungal infections are exempt as “Healthcare Services” (Sl. No. 74). However, Hair Transplants solely for aesthetics remain taxable. Click… Read More »
GSTAT Remands Anti-Profiteering Case to DGAP for Correct Data Re-Investigation 1. The Core Dispute: Erroneous Data Submission The respondent (APV Realty Limited) was under investigation for allegedly failing to pass on the benefits of Input Tax Credit (ITC) or GST rate reductions to its customers, as mandated by Section 171 of the CGST Act. The… Read More »
Supreme Court Verdict: Education Consultancy Classified as Export of Service (2026) 1. The Core Dispute: Agency vs. Independent Export The dispute focused on whether educational consultants recruitment for foreign universities are “Intermediaries” or “Service Exporters.” Revenue’s Stand: They argued consultants are Intermediaries under Section 2(13) of the IGST Act, acting as agents between students and… Read More »
Bombay High Court Ruling: Clubbing of Financial Years in Section 74 SCN 1. The Core Dispute: Consolidated vs. Year-Wise Notices The petitioner challenged a Show Cause Notice (SCN) issued by the Deputy Director, DGGI, which clubbed multiple financial years—FY 2017-18, 2018-19, and 2019-20—into a single composite demand under Section 74 of the CGST Act. Petitioner’s… Read More »
Case Summary: High Court Quashes “Negative Blocking” of Electronic Credit Ledger 1. The Core Dispute: Blocking Non-Existent Credit The jurisdictional GST authority blocked the Electronic Credit Ledger (ECL) of the assessee. However, since the ledger had a Nil balance at the time, the department recorded a negative entry. The Problem: By inserting a negative balance,… Read More »
Kerala AAR Ruling: GST Exemption for Skin Disease Treatments 1. The Core Issue: Healthcare vs. Cosmetic Treatment The applicant, a Kochi-based clinical establishment, sought an advance ruling on whether services provided for treating specific dermatological conditions qualify for GST exemption. The primary question was whether these treatments constitute “healthcare services” or taxable “cosmetic/aesthetic treatments.” Ailments… Read More »
GSTN Launches New “Application for Unbarring Returns” Module The Goods and Services Tax Network (GSTN) has operationalized a new online facility on the GST Portal, allowing taxpayers to request the unblocking of returns that have been system-barred due to non-filing. Key Highlights of the Module: The Problem: Under Rule 59(6) of the CGST Rules,… Read More »
Commencemenr of the Sabka Bima Sabki Raksh (Amendment of Insurance Laws) Act 2025 MINISTRY OF FINANCE (Department of Financial Services) NOTIFICATION New Delhi, the 3rd February, 2026 S.O. 490(E).— In exercise of the powers conferred by sub-section (2) of section 1 of the Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Act, 2025 (40 of… Read More »
IMPORTANT INCOME TAX CASE LAWS 03.02.2026 Relevant Act Section Case Law Title Brief Summary Citation Income-tax Act, 1961 Section 43(1) Puri Oil Mills Ltd. v. ACIT/DCIT [Subsidy ≠ Cost Reduction] Capital subsidy received for setting up a small hydro power project is a financial support for industrial expansion. It cannot be reduced from the “Actual… Read More »