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- Omission of proposed penalty in Form GST DRC-01 invalidates subsequent adjudication order and penalty confirmation.
- Demand order and premature recovery are illegal due to invalid SCN affixation and unrecorded reasons.
- Google AI Subscriptions 2026: Features in Plus, Pro, & Ultra Tiers
- General penalty under Section 125 cannot be imposed if specific late fee under Section 47 applies.
- Income Tax Digest 23.5.2026
- Refund adjustment based on portal demands without a valid assessment order is completely illegal.
- Waived working capital loan is a non-taxable capital receipt and its reopening constitutes a review.
- BSNL Voluntary Retirement Scheme compensation qualifies as fully exempt retrenchment compensation under Section 10(10B).
- Tribunal rules in favor of assessee on brand fees, discounts, and book profit adjustments.
- Additions for bogus purchases from the Bhanwarlal Jain group are restricted to six percent.
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