Posted inBlog
Tax Tribunal Upholds Sales-Purchase Link, Deletes Bogus Purchase Addition
Discover how the Tax Tribunal ruled that accepted sales validate linked purchases, preventing 'bogus' additions and stressing documentary evidence.
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Orissa High Court Orders Withdrawal of GST Bank Attachments Following Installment Payment Agreement
Orissa High Court orders GST bank attachment withdrawal after a taxpayer commits to an installment payment plan, offering relief for businesses.
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Navigating Income Tax Raids: Understanding Taxpayer Rights During Search and Seizure Operations in India
Protect yourself: Learn your taxpayer rights during income tax raids and search operations in India for fair treatment.
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Allahabad High Court Upholds Bail as Rule in Fake GST Invoice Cases
Allahabad High Court reinforces bail as the rule in fake GST invoice cases, highlighting its stance on offenses with up to five-year sentences.
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Navigating the Labyrinth: Innocent Businesses Face GST Input Tax Credit Woes Amidst Supplier Fraud
Innocent businesses face GST Input Tax Credit denial due to supplier fraud; understand the challenges and protect your business from these woes.
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Navigating ‘On-Money’ Payments: Homebuyers’ Tax Liability Clarified
Clarify homebuyers' tax liability for 'on-money' payments to builders, understanding documentation needed to avoid tax evasion claims.
Posted inTaxation and Legal Insights
Andhra Pradesh High Court Rejects Challenge to Income Tax Summons Amidst Allegations of Mala Fide Action
The Andhra Pradesh High Court recently upheld the validity of summons issued under Section 131(1A) of the Income Tax Act, dismissing claims that the summons were issued with mala fide…
Posted inTaxation and Legal Insights
Gauhati HC Rules Bank Guarantee for GST Relief Must Cover Tax Dues Only
The Gauhati High Court recently ruled that a bank guarantee furnished for the interim release of Goods and Services Tax (GST)-related consignments should only cover the alleged short-paid tax amount,…