Constitutional Challenge to GST Arrest Powers Fails in Light of Supreme Court Precedent. Issue Whether the provisions of the Haryana GST (HGST) Act, specifically Section 69 (Power to arrest) and Section 132 (Punishment for offences), are unconstitutional for lack of legislative competence and for violating Article 13 of the Constitution. Facts The petitioners filed a… Read More »
Interest is Mandatory on Delayed IGST Refund Caused by System Glitch. Issue Is an exporter entitled to statutory interest under Section 56 of the CGST Act on a delayed IGST refund, when the delay was not due to any error by the exporter but was caused by a technical glitch in the ICES-GSTN integration (Error… Read More »
Linking GST Compensation Cess to MRP is Ultra Vires the Act; Valuation Must Be on Transaction Value. Issue Whether notifications issued under the GST (Compensation to States) Act, 2017, can legally change the basis for levying compensation cess on tobacco products from the “transaction value” (as mandated by the parent GST Acts) to the “retail… Read More »
AAR Must Reconsider GST Exemption for Flight Training in Light of New Circular. Issue Whether a DGCA-approved flight training organization is eligible for a GST exemption as an “educational institution” under Sl. No. 66(a) of Notification 12/2017-CTR, especially in light of a new Ministry of Finance circular clarifying the matter. Facts The petitioner, a training… Read More »
DGFT Seeks Feedback on Amended Aayat Niryat Form for SCOMET Exports Issue: To streamline the application process and enhance security for obtaining authorization for the export of SCOMET (Special Chemicals, Organisms, Materials, Equipment and Technologies) items, the Directorate General of Foreign Trade (DGFT) is updating the application form (Unified Aayat Niryat Form or ANF).… Read More »
CAPITAL GAIN TAX टैक्सपेयर को मिली बड़ी राहत SECTION 54F ! घर किसके नाम पर खरीदना है ! INCOME TAX
Income Tax Tribunal Upholds 22% Tax on Capital Gains, Sparks Controversy Issue: Whether the Income Tax Appellate Tribunal (ITAT) correctly affirmed a special tax rate of 22% on certain capital gains realized by an assessee, leading to controversy and raising questions about the uniformity of capital gains taxation under the Income Tax Act. Facts:… Read More »
Income Tax Tribunal Upholds 22% Tax on Capital Gains, Sparks Controversy Issue: Whether the Income Tax Appellate Tribunal (ITAT) correctly affirmed a special tax rate of 22% on certain capital gains realized by an assessee, leading to controversy and raising questions about the uniformity of capital gains taxation under the Income Tax Act. Facts:… Read More »
Industry Body Pushes for Faster Tax Dispute Resolution; Calls for Clearing High-Value Appeals Within a Year Issue: To address the severe backlog in tax litigation (estimated at nearly ₹18 lakh crore in disputed demand), the Confederation of Indian Industry (CII) submitted pre-Budget recommendations urging the government to fundamentally transform the tax system from “dispute-driven” to… Read More »
Money Laundering Case: Mumbai Court Denies Bail to IPS Officer’s Husband in ₹263 Crore Tax Refund Scam Issue: Whether Purushottam Chavan, the husband of an IPS officer and an accused in a high-profile money laundering case linked to a massive income tax refund scam, should be granted bail on grounds of serious medical condition… Read More »