Monthly Archives: August 2026

Expenditure On Minor Repairs, Consumables, And Written-Off Vendor Advances Allowable As Business Revenue Deduction

By | August 19, 2026
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Expenditure On Minor Repairs, Consumables, And Written-Off Vendor Advances Allowable As Business Revenue Deduction Issue Whether expenditure incurred on slotted angles, racks, and modules for existing plant maintenance constitutes revenue expenditure under Section 37(1) or capital expenditure. Whether housekeeping and consumable expenses supported by internal journal entries and shop-floor issue logs with underlying purchase invoices… Read More »

Renewal Of Registration Under Section 12AB Cannot Be Rejected By Insisting On Pre-2021 Registration

By | August 19, 2026
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Renewal Of Registration Under Section 12AB Cannot Be Rejected By Insisting On Pre-2021 Registration Issue Whether the CIT(E) can reject an application for renewal of registration under Section 12AB by invalidating the assessee’s subsisting registration on the ground that it lacked registration under Section 12A/12AA prior to April 1, 2021, without formal cancellation. Whether rejecting… Read More »

Urban Development Authority Pursuing General Public Utility Objects Entitled To Exemption And Depreciation Benefits

By | August 19, 2026
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Urban Development Authority Pursuing General Public Utility Objects Entitled To Exemption And Depreciation Benefits Issue Whether an urban development authority carrying on activities for the advancement of an object of general public utility without a commercial motive is entitled to tax exemption under Section 11 of the Income-tax Act, 1961. Whether generic or non-project-specific grants… Read More »

The Foreign Assets of Small Taxpayers Disclosure Scheme, 2026

By | August 19, 2026
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The Foreign Assets of Small Taxpayers Disclosure Scheme, 2026 FAQ’s The Foreign Assets of Small Taxpayers Disclosure Scheme, 2026 (Chapter IV, sections 130 to 144 of the Finance Act, 2026, read with the Foreign Assets of Small Taxpayers – Disclosure Scheme Rules, 2026)   A.   About the Scheme Q1. What is the Foreign Assets of… Read More »

GST CASE LAWS 17.08.2026

By | August 18, 2026
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GST CASE LAWS 17.08.2026 Section Case Law Title Brief Summary Citation Relevant Act Rule 28(2) / Section 15(4) In re: Validity of Rule 28(2) & Corporate Guarantee Levy Rule 28(2) and Section 15(4) were upheld as constitutionally valid after reading down the phrase “whichever is higher”; however, retrospective GST levy on corporate guarantees furnished prior… Read More »

The Gujarat High Court has delivered multiple landmark judgments under the CGST Act, 2017 and CGST Rules, 2017

By | August 18, 2026
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The Gujarat High Court has delivered multiple landmark judgments under the CGST Act, 2017 and CGST Rules, 2017, altering corporate tax liability, input tax credits (ITC), and procedural compliance. [1] The major rulings issued by the Gujarat High Court are broken down below by their respective legal applications. 1. Corporate Guarantees & Related Party Valuation… Read More »

Portal-only upload of SCN does not constitute valid service unless acknowledged or replied to.

By | August 18, 2026
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Portal-only upload of SCN does not constitute valid service unless acknowledged or replied to. Issue Whether uploading a Show Cause Notice (SCN) or order solely under the “View Additional Notices and Orders” tab on the GST portal constitutes valid and sufficient service under Section 169 of the CGST Act without additional communication or acknowledgment. Facts… Read More »

Pre-deposit for filing GST appeal can be validly discharged using transitioned Electronic Credit Ledger balance.

By | August 18, 2026
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Pre-deposit for filing GST appeal can be validly discharged using transitioned Electronic Credit Ledger balance. Issue Whether a mandatory pre-deposit for filing a GST appeal under Section 107/112 can be validly discharged by debiting the Electronic Credit Ledger containing transitioned CENVAT credit, despite CBIC instructions prescribing cash payment. Facts Assessee Business: The petitioner, a proprietorship… Read More »

PIL seeking investigation into private tax evasion lacks genuine public interest and locus standi.

By | August 18, 2026
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PIL seeking investigation into private tax evasion lacks genuine public interest and locus standi. PIL seeking investigation into private tax evasion lacks genuine public interest and locus standi. Issue Whether a Public Interest Litigation (PIL) filed by a private individual seeking tax investigation and enforcement action against third-party entities is maintainable under Section 132 when… Read More »

Writ petition challenging assessment is non-maintainable as GSTAT is functional with notified appeal timelines.

By | August 18, 2026
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Writ petition challenging assessment is non-maintainable as GSTAT is functional with notified appeal timelines. Writ petition challenging assessment is non-maintainable as GSTAT is functional with notified appeal timelines. Issue Whether a writ petition challenging an appellate order under GST can be entertained by the High Court when the Goods and Services Tax Appellate Tribunal (GSTAT)… Read More »