ITAT Rules Cash Gifts from Sisters Are Valid, Quashes Tax Addition Issue: Whether cash gifts received by a brother from his married sisters, who are classified as “relatives” under the Income Tax Act, should be treated as unexplained cash credit under Section 68 if the Assessing Officer (AO) deems the donor’s creditworthiness insufficient or questions… Read More »
J&K Industrial Units Fear Closure as GST Cuts Remove Reimbursement Benefits Issue: The recent Goods and Services Tax (GST) rate rationalization (GST Reforms 2.0) has inadvertently led to the removal of essential tax reimbursement benefits for older industrial units in Jammu & Kashmir (J&K), creating an uneven playing field and threatening their viability. Facts:… Read More »
IRDAI Chief: GST Cut Puts Insurance on Par with Food in Fiscal Policy Issue: To analyze the policy signal sent by the Central Government’s decision to exempt individual health and life insurance premiums from Goods and Services Tax (GST) as part of the broader tax rationalization efforts. Facts: The government recently reduced the GST… Read More »
GST Demand Cannot Exceed SCN Amount; HC Quashes Order Breaching Section 75(7). Issue Can an adjudicating authority pass a final order confirming a GST demand for an amount that is substantially higher than the amount proposed in the original Show Cause Notice (SCN), and can it introduce new grounds not mentioned in the SCN? Facts… Read More »
HC Quashes GST Demand on Corporate Guarantee for Non-Consideration of Binding CBIC Circulars. Issue Whether an assessment order levying GST on a corporate guarantee provided to a related entity (where full ITC is available) is legally sustainable if the assessing authority passes the order without applying their mind to the taxpayer’s submissions and in complete… Read More »
A Personal Hearing is Mandatory for Adverse GST Orders, Even if Unrequested. Issue Whether a personal hearing under Section 75(4) of the CGST Act is a mandatory procedural requirement before an adverse order is passed, even if the taxpayer does not explicitly request one after filing their written reply to the show-cause notice. Facts The… Read More »
Kerala HC Stays GST on Retiree Health Insurance, Allowing Renewal Sans Tax. Issue Whether the premium paid by retired employees for a group health insurance policy, which is merely facilitated by their former employer (the bank), constitutes a taxable “supply of service” liable to Goods and Services Tax (GST). Facts Retired employees of the Union… Read More »
Supreme Court Stays AP High Court Ruling That Invalidated GST Orders Lacking a DIN. Issue Whether a communication, notice, or order issued under the GST law without a Document Identification Number (DIN) is non est in law (legally void) for being non-transparent, or if the requirement is merely procedural. Facts The Andhra Pradesh High Court,… Read More »
Supreme Court Stays GST Demand on JDA, Highlighting Unsettled Taxability. Issue Whether the transfer of development rights and related obligations within a Joint Development Agreement (JDA) constitutes a taxable “supply” under Section 7 of the CGST Act. Facts The Assistant Commissioner passed an assessment order levying GST on a Joint Development Agreement (JDA) entered into… Read More »
Advisory for Simplified GST Registration Scheme Nov 1st, 2025 Dear Taxpayers, In pursuance of Rule 14A of the Central Goods and Services Tax (CGST) Rules, 2017, a Simplified GST Registration Scheme has been introduced to reduce the compliance burden and enhance the ease of doing business for small taxpayers. As per Rule 14A (Option for taxpayers having… Read More »