Posted inBlog High Court Overturns GST Demand Order Over Procedural Failures High Court overturns a GST demand order, emphasizing the need for tax authorities to reconcile transitional credit claims with GSTR-2A data. Posted by Prasenjit Bhowmik June 1, 2026
Posted inBlog ITAT Ruling Clarifies Bona Fide Intent in Black Money Act Compliance Discover how an ITAT ruling clarified bona fide intent, deleting a Black Money Act penalty for an omission to report foreign investments. Posted by Prasenjit Bhowmik June 1, 2026
Posted inBlog ITAT Limits Tax Authority Power to Reject Purchases Without Substantiated Evidence ITAT limits tax authority power to reject purchases without evidence, protecting businesses from arbitrary disallowances based on sales and stock records. Posted by Prasenjit Bhowmik June 1, 2026
Posted inBlog Tribunal Clarifies CSR Donations Remain Eligible for Section 80G Tax Deductions Discover how the ITAT ruling confirms CSR donations are eligible for Section 80G tax deductions, clarifying tax relief for businesses. Posted by Prasenjit Bhowmik June 1, 2026
Posted inBlog ITAT Quashes Section 153A Assessment as AY 2010-11 Fell Outside Ten-Year Block Period Discover why the ITAT quashed a Section 153A assessment for AY 2010-11, ruling it fell outside the ten-year block period. Posted by Prasenjit Bhowmik June 1, 2026
Posted inBlog CESTAT Ruling Challenges Reliance on Visual Estimation in Excise Audits CESTAT's Kolkata ruling states excise authorities cannot solely rely on visual estimation for stock discrepancies, impacting manufacturers' audit defense. Posted by Prasenjit Bhowmik June 1, 2026
Posted inBlog CESTAT Ruling Grants Major Tax Relief for Municipal Water Infrastructure Projects CESTAT's landmark ruling exempts municipal water infrastructure projects from service tax, providing major relief for public utility services. Posted by Prasenjit Bhowmik June 1, 2026
Posted inBlog ITAT Remands Section 80GGC Claim as Political Donation Verification Was Incomplete The ITAT has remanded an 80GGC political donation claim for re-verification due to incomplete bank transaction details, impacting taxpayers. Posted by Prasenjit Bhowmik June 1, 2026
Posted inBlog CESTAT Rules Mining Services Taxable Only After June 2007 CESTAT rules mining services were not taxable before June 2007, invalidating past tax demands for excavation and extraction activities. Posted by Prasenjit Bhowmik June 1, 2026
Posted inBlog CESTAT Ruling Clarifies CENVAT Credit Reversal in Excise Disputes A new CESTAT ruling clarifies CENVAT credit reversal in excise disputes, impacting manufacturers and Rule 6 interpretations. Posted by Prasenjit Bhowmik June 1, 2026