Supreme Court Dismisses SLP Upholding High Court Order Setting Aside Perverse ITAT Relief on Bogus Share Loss Supreme Court Dismisses SLP Upholding High Court Order Setting Aside Perverse ITAT Relief on Bogus Share Loss Issue Whether the Supreme Court should interfere with the High Court’s order setting aside the Tribunal’s decision, where the High Court… Read More »
Omission of Rule 96(10) Applies to All Pending IGST Export Refund Proceedings Benefit Issue Whether the omission of sub-rule (10) of Rule 96 of the CGST Rules, 2017 via Notification No. 20/2024 with effect from 08.10.2024 applies to pending proceedings, enabling assessees to claim refunds of integrated tax (IGST) paid on exported goods/services without the… Read More »
Supreme Court Dismisses SLP Against Deletion of Penalty Arising From Ambiguous Notice Supreme Court Dismisses SLP Against Deletion of Penalty Arising From Ambiguous Notice Issue Whether a penalty levied under Section 271(1)(c) read with Section 274 is legally sustainable when the statutory show-cause notice fails to specify the specific charge by not striking off the… Read More »
Income Defaulting Under IDS 2016 Assessed as Unexplained Money Under Section 69A Upheld by Supreme Court Income Defaulting Under IDS 2016 Assessed as Unexplained Money Under Section 69A Upheld by Supreme Court Issue Whether income brought to tax due to default under the Income Declaration Scheme (IDS), 2016 is assessable as unexplained money under Section… Read More »
Anticipatory Bail Granted for Rs 11.08 Crore GST Fraud Set Aside Requiring Custodial Interrogation Issue Whether the High Court was justified in granting anticipatory bail to a proprietor accused of fraudulently availing Input Tax Credit (ITC) worth Rs. 11.08 crores without actual supply of goods when custodial interrogation was required by the Revenue. Facts The… Read More »
Assessee Relegated to Functional GST Appellate Tribunal for Priority Hearing and Interim Relief Consideration Assessee Relegated to Functional GST Appellate Tribunal for Priority Hearing and Interim Relief Consideration Issue Whether a writ petition or Special Leave Petition (SLP) challenging an adjudication order should be entertained on merits by higher courts when the GST Appellate Tribunal… Read More »
Supreme Court Dismisses Revenue SLP as Tax Effect Below CBDT Threshold Lacks Legal Exception Supreme Court Dismisses Revenue SLP as Tax Effect Below CBDT Threshold Lacks Legal Exception Issue Whether a Special Leave Petition (SLP) filed by the Revenue is maintainable under Section 268A when the monetary tax effect is below the prescribed CBDT limit… Read More »
Supreme Court Grants SLP Against High Court Ruling Abating Settlement Proceedings and Permitting Reassessment Supreme Court Grants SLP Against High Court Ruling Abating Settlement Proceedings and Permitting Reassessment Issue Whether a Special Leave Petition (SLP) should be granted against the High Court’s order holding that settlement applications abate under Section 245HA if no assessment proceedings… Read More »
Supreme Court Affirms Notice Bearing Officer Name and Designation Is Valid Without Signature Under Section 282A Supreme Court Affirms Notice Bearing Officer Name and Designation Is Valid Without Signature Under Section 282A Issue Whether a reassessment notice issued under Section 148 is valid and duly authenticated under Section 282A when it bears the name and… Read More »
Supreme Court Dismisses Revenue’s SLP as Withdrawn, Upholding That Section 14A Requires Actual Exempt Income Supreme Court Dismisses Revenue’s SLP as Withdrawn, Upholding That Section 14A Requires Actual Exempt Income Issue Whether Section 14A of the Income-tax Act, 1961 (corresponding to Section 14 of the Income-tax Act, 2025) can be invoked to disallow expenditure when… Read More »