Posted inBlog Karnataka High Court Mandates Reimbursement of Differential GST on Works ContractsLearn about the Karnataka High Court ruling requiring the State to verify and reimburse differential GST on works contracts within six weeks. Posted by Prasenjit Bhowmik September 28, 2026
Posted inBlog Karnataka High Court Rules Omitted GST Rule 96(10) Cannot Support Pending NoticesKarnataka High Court quashes GST show cause notice against Shilpa Medicare, ruling that an omitted Rule 96(10) cannot sustain pending proceedings. Posted by Prasenjit Bhowmik September 28, 2026
Posted inBlog ITAT Mumbai Rules Unexplained Cash Deposit Cannot Justify Section 271D PenaltyITAT Mumbai upholds deletion of a Rs 72.89 lakh Section 271D penalty, ruling that cash deposits alone do not prove Section 269SS violations. Posted by Prasenjit Bhowmik September 28, 2026
Posted inBlog Gujarat High Court Rules Public Company Directors Immune to Section 179 Recovery Without Statutory FindingsGujarat High Court quashes Section 179 income tax recovery against a public company director, emphasizing statutory findings and rejecting shareholding shifts. Posted by Prasenjit Bhowmik September 28, 2026
Posted inBlog Delhi High Court Rules Section 148 Notice on Previously Assessed Income IllegalDelhi High Court declares Section 148 income tax notices for previously assessed transactions void and issued without legal jurisdiction. Posted by Prasenjit Bhowmik September 28, 2026
Posted inBlog Supreme Court Rules on SEBI Regulation 10 and Acquirer PAC HoldingsSupreme Court upholds SAT decision on SEBI Regulation 10 regarding combined acquirer and PAC holdings, dismissing market regulator appeals. Posted by Prasenjit Bhowmik September 28, 2026