A late fee for not filing GST returns is mandatory, even if the department doesn’t issue a preliminary reminder notice in Form GSTR-3A. Issue Can the imposition of a mandatory late fee under Section 47 of the CGST Act, 2017, for the non-filing of an annual return be challenged on the procedural ground that the… Read More »
Supreme Court to Review Constitutional Validity of Securities Transaction Tax (STT) The Supreme Court of India has decided to examine the constitutional validity of the Securities Transaction Tax (STT), a levy imposed on transactions executed on domestic stock exchanges. Key Points of the Examination Taxpayer Challenge: The Supreme Court is acting on an appeal… Read More »
Bombay High Court Admits Constitutional Challenge to GST Section 16(2)(c) The Bombay High Court has admitted a writ petition that challenges the constitutional validity of Section 16(2)(c) of the Central Goods and Services Tax (CGST) Act, 2017. This section prevents a recipient from claiming Input Tax Credit (ITC) if the supplier has failed to deposit… Read More »
Relief for Taxpayers: Supreme Court Upholds ‘No Penalty’ for Stock Discrepancies During Surveys The Supreme Court of India dismissed the Revenue Department’s Special Leave Petition (SLP), thereby upholding the judgment of the Allahabad High Court, which had ruled that a penalty order under Section 130 (confiscation of goods and conveyance) of the CGST Act is… Read More »
CBIC introduces system-based auto-approval for IFSC code registration to enhance Ease of Doing Business Posted On: 07 OCT 2025 4:11PM by PIB Delhi In another step towards streamlining Customs procedures and enhancing trade facilitation, the Central Board of Indirect Taxes and Customs (CBIC) has introduced system-based auto-approval for IFSC code registration to enhance Ease of… Read More »
A demand notice under Section 73 of the CGST Act, 2017, is invalid if it’s not preceded by a scrutiny notice in Form GST ASMT-10 as required by Section 61 of the Act. Issue Can the GST authorities initiate demand and recovery proceedings under Section 73 of the CGST Act, 2017, based on discrepancies found… Read More »
The Supreme Court upheld an interim stay on a penalty imposed for not mentioning the “biltee number” (consignment note number) on a tax invoice. Issue Is it legally valid for the GST department to impose a penalty on a taxpayer for not mentioning the “biltee number” on a tax invoice, especially when Rule 46 of… Read More »
The assessee must prove the physical movement of goods to claim disputed ITC. Issue Can Input Tax Credit (ITC) be denied if a taxpayer, despite showing invoices and proof of bank payments, fails to provide evidence of the actual physical movement of goods from suppliers who are later found to be non-existent or bogus? Facts… Read More »
A court can grant relief from multiple pre-deposits in cases of overlapping GST demands. Issue When a taxpayer is faced with multiple, overlapping demand orders and notices from different GST authorities for the exact same issue and period, what is the appropriate legal remedy, and can a court provide relief from the statutory requirement of… Read More »
IMPORTANT INCOME TAX CASE LAW 07.10.2025 Section Case Law Title Brief Summary Citation Relevant Act 1 Krishna Nursing Home vs. Income-tax Officer ITAT set aside CIT(A)’s ex parte dismissal of appeal and remanded for fresh hearing, as the assessee missed notices due to severe financial crisis and seizure of business premises, violating principles of natural… Read More »