Important GST Case Laws 01.05.2026 Relevant Act Section Case Law Title Citation Brief Summary CGST Act, 2017 Sec 9 State of Chhattisgarh v. D.A. Enterprises Click Here Pre-GST Bids: Contractor’s claim for post-GST reimbursement denied where the agreement fixed the tax burden on them; dispute relegated to arbitration. IGST Act, 2017 Sec 16 V Ships… Read More »
Classification of E-Bike Leasing: Right to Use vs. General Financial Services Facts The Business: The applicant is engaged in the supply of electric vehicles (e-bikes) on a long-term lease basis without an operator. The Agreement: The transaction is governed by a vehicle lease agreement where the possession and control of the e-bikes are handed over… Read More »
BOI LOAN APPLICATION FORMS BOI LOAN APPLICATION FORMS The Bank of India (BOI) offers a suite of specialized “Star” loan products. These application forms are typically available as downloadable PDFs from the official BOI portal or at physical branches. Below is a breakdown of the key points for each scheme and where to find the… Read More »
Shift from Writ Jurisdiction to GSTAT Following its Constitution Facts The Dispute: The Petitioner challenged an adverse assessment order for the period 2020-21, which had been affirmed by the First Appellate Authority. The Problem: At the time the dispute arose, the Goods and Services Tax Appellate Tribunal (GSTAT) had not been constituted, leaving the Petitioner… Read More »
Statutory Appeal vs. Writ: Condonation of Delay for Period Spent in Rectification Facts The Dispute: The Petitioner challenged an Order-in-Original and a summary demand in Form GST DRC-07 for the period July 2017 to March 2018. The Cause: The demand originated from a DRC-01A notice based on an Input Tax Credit (ITC) mismatch between GSTR-3B… Read More »
[Video] INCOME TAX PENALTY NOTICE SECTION 272A(1)(d) ISSUED! STEP BY STEP GUIDE HOW TO REPLY Summary This video provides a detailed step-by-step guide on how to respond to an Income Tax penalty notice issued under Section 272A(1)(d). It explains that this notice is typically issued for Assessment Year 2024-25 when a taxpayer fails to comply… Read More »
Bank of India SSA FORMS Bank of India SSA FORMS The Sukanya Samriddhi Account (SSA) forms for Bank of India (BOI) are standardized under the Government Savings Promotion Rules. These forms are used to manage the savings scheme specifically designed for the benefit of a girl child. Below are the key forms and their primary… Read More »
Bank of India SCSS FORMS Bank of India SCSS FORMS The Senior Citizens Savings Scheme (SCSS) forms for Bank of India (BOI) are standardized government forms used to manage this high-yield investment specifically designed for individuals aged 60 and above. Below is the breakdown of the forms you mentioned and their specific roles in the… Read More »
Show Cause Notice for Penalty under section 272A(1)(d) of the Income Tax Act 1961 Why Show Cause Notice for Penalty under section 272A(1)(d) of the Income Tax Act 1961 is issued : A penalty under Section 272A(1)(d) can be imposed if a person fails to: Comply with a notice under Section 142(1): These are notices… Read More »
Fraudulent Non-Filing: Inapplicability of the ‘Escape Clause’ Under Section 74 Facts The Default: For the Financial Year 2017-18, the assessee raised invoices totaling ₹20.92 crores, which included a GST component of ₹3.19 crores. Non-Compliance: Despite collecting/raising invoices for these amounts and receiving partial payments from clients, the assessee failed to file monthly GSTR-3B returns and… Read More »