KVB Bank Safe custody Inventory of Articles with Nomination Survivorship KVB Bank Safe custody Inventory of Articles with Nomination Survivorship from download The key points of the Karur Vysya Bank inventory form for articles left in safe custody are structured around legal compliance, witness verification, and asset transfer rules: [1] 1. Governing Legal Framework Statutory… Read More »
GST CASE LAWS 27.07.2026 Section Case Law Title Brief Summary Citation Relevant Act Section 7 CG Tollway Ltd. v. Union of India Notice issued against High Court order holding that VAT precedents on works contracts do not apply to GST disputes under DBFOT concession agreements since GST is a destination-based supply levy. Click Here Central… Read More »
Supreme Court Issues Notice on High Court Order Refusing Condonation of Delay Beyond Section 107(4) Cap Supreme Court Issues Notice on High Court Order Refusing Condonation of Delay Beyond Section 107(4) Cap Issue Whether the limitation period for filing an appeal under Section 107 begins from the date of communication of the order-in-original, and whether… Read More »
Tax Paid Under IGST Head Inadvertently Can Be Appropriated Towards CGST And SGST Dues Directly Issue Whether tax inadvertently paid entirely under the IGST head instead of being split into CGST and SGST can be directly appropriated by authorities towards CGST and SGST liabilities without compelling the assessee to pay fresh dues and seek a… Read More »
Assessment Order Passed Without Granting Requested Personal Hearing Under Section 75(4) Is Void and Set Aside Issue Whether an assessment order confirming tax demand under GST is sustainable when the adjudicating authority fails to grant a personal hearing despite a specific request submitted by the taxpayer under Section 75(4). Facts Tax Period: The dispute pertains… Read More »
Show Cause Notice Issued Without Specific Reasons and Relied-Upon Documents Is Void and Invalidates Recovery Issue Whether a Show Cause Notice issued under Section 74(1) that merely reproduces statutory text without disclosing specific reasons or supplying relied-upon documents is legally valid, and whether consequential recovery and bank account attachment orders are sustainable. Facts Initiation of… Read More »
Confirmation of ITC Reversal Solely Due to Subsequent Supplier Cancellation Without Examining Furnished Documents Is Invalid Confirmation of ITC Reversal Solely Due to Subsequent Supplier Cancellation Without Examining Furnished Documents Is Invalid Issue Whether an adjudication order confirming the reversal of Input Tax Credit (ITC) solely because the supplier’s registration was subsequently cancelled is sustainable… Read More »
Failure to Issue Mandatory Form GST ASMT-10 Vitiates Return Scrutiny Assessment and Voids Order Failure to Issue Mandatory Form GST ASMT-10 Vitiates Return Scrutiny Assessment and Voids Order Issue Whether an assessment order confirming tax demand and input tax credit reversal based on return discrepancies is valid when no notice in Form GST ASMT-10 was… Read More »
Supreme Court Issues Notice on DBFOT Highway Toll Right GST Liability Upheld by High Court Supreme Court Issues Notice on DBFOT Highway Toll Right GST Liability Upheld by High Court Issue Whether under a Design-Build-Finance-Operate-Transfer (DBFOT) concession agreement, granting exclusive toll collection rights to a concessionaire constitutes non-monetary/barter consideration for taxable works contract services provided… Read More »
INOCME TAX CASE LAWS 27.07.2026 Relevant Act Section Case Law Title Brief Summary Citation Income-tax Act, 1961 Section 4 Burgess English Senior Secondary School v. ITO Applying the principle of consistency, where the AO accepted in earlier years that the school was part of CDBE and its income formed part of CDBE’s accounts, the surplus… Read More »