GST Registration Restored on Payment of Dues; Financial Distress Accepted Issue Whether the High Court can direct the restoration of a GST registration cancelled due to non-filing of returns (Section 29(2)(c)), even after the statutory appeal was rejected as time-barred, provided the taxpayer clears all outstanding dues. Facts Petitioner: A company running amusement parks and… Read More »
Coffee Premix classified as “Instant Coffee” (Specific Entry) over General Beverage Powder; Common Parlance Test Applied Issue Whether “Coffee Premix” (used in vending machines by simply adding hot water) should be classified for Sales Tax purposes under the Specific Entry C-II-3 (“Coffee” or “Instant Coffee”) or under the General Entry C-II-18(2) (Powders from which non-alcoholic… Read More »
State GST Officers Validly Authorized to Issue CGST Notices; Cross-Empowerment is Statutory, not Conditional Issue Whether officers appointed under the State Goods and Services Tax Act (SGST) or Union Territory Goods and Services Tax Act (UTGST) have the jurisdiction to issue notices and initiate proceedings under Section 74 of the Central Goods and Services Tax… Read More »
Solar Energy Society’s Voluntary Contributions Exempt; Not “Business Income” under Proviso to Sec 2(15) Issue Whether voluntary contributions received by a society engaged in the promotion of solar energy should be treated as taxable “membership fees” arising from commercial activity (invoking the proviso to Section 2(15)), or if they remain exempt charitable income under Sections… Read More »
Reopening Quashed: Foreign Investor Accepted in Later Years cannot be treated as Bogus in Earlier Year Issue Whether the Income Tax Department can validly reopen an assessment under Section 147 to tax share capital from a foreign investor (‘GS’, Singapore) as unexplained cash credit under Section 68, when the Department itself has accepted the genuineness… Read More »
Foreign Exchange Fluctuation Loss Allowable; AS-11 & ICDS VI Compliance is Key Issue Whether foreign exchange fluctuation loss recorded on outstanding monetary items at the year-end (unrealised) is an allowable business expenditure under Section 37(1), or if it is merely a “notional” loss as claimed by the Assessing Officer. Facts Assessment Year: 2018-19. The Claim:… Read More »
I. Unreasoned GST SCN and Order Quashed; “Cryptic” Orders violate Natural Justice Issue Whether a Show Cause Notice (SCN) and a subsequent Order creating a demand under Section 73 of the CGST Act are valid if they fail to provide specific reasons for the demand, especially when the taxpayer could not reply due to a… Read More »
IMPACT OF GST RATIONALISATION ON COOPERATIVES Posted On: 10 DEC 2025 6:38PM by PIB Delhi The impact of recent GST rationalisation on cooperatives, particularly those operating in the dairy, food processing, agriculture and rural enterprises sectors throughout the country is as follows:- Dairy Sector i. The GST on Milk & Paneer has been made ‘nil’… Read More »
IMPORTANT INCOME TAX CASE LAWS 11.12.2025 Relevant Act Section Case Law Title Brief Summary Citation Income-tax Act, 1961 Section 10(23G) Tata Industries Ltd. v. ACIT Assessee infrastructure capital company qualifies for exemption under section 10(23G) by investing in shares of an enterprise engaged in the business of infrastructure facility. Click Here Income-tax Act, 1961 Section… Read More »
Ex-Parte CIT(A) Dismissal Set Aside despite Non-Compliance; Assessee granted “One Final Opportunity” Issue Whether the Commissioner (Appeals) is justified in dismissing an appeal summarily for non-prosecution (failure to file written submissions) after granting multiple opportunities, or if the principles of natural justice require that the assessee be given one more chance to argue the case… Read More »