Posted inBlog
ITAT Bangalore Rules Sale of 25 Plots as Capital Gains, Not Business Income
Discover how ITAT Bangalore classified the sale of 25 plots as capital gains, not business income, based on holding period and intent.
Posted inBlog
Karnataka High Court Upholds GST Interest Waiver Rights, Cites Directory Nature of Time Limits
Karnataka High Court rules GST interest waiver time limits are directory, not mandatory, empowering taxpayers.
Posted inBlog
SAFEMA Tribunal Rules Against Asset Attachment of Alleged Abettors Without Benami Property Proof
SAFEMA Tribunal rules assets of alleged abettors cannot be attached under PBPT Act without independent proof of benami property.
Posted inBlog
Allahabad High Court Rules on ‘Shall’ in GST Law: Timeline Not Automatically Mandatory
Allahabad High Court clarifies 'shall' in GST law, ruling that timelines in Section 129(3) are not automatically mandatory.
Posted inBlog
ITAT Bangalore Rules Re-Deposited Withdrawn Cash Not ‘Unexplained’
Discover how ITAT Bangalore ruled that re-depositing previously withdrawn cash for business expenses isn't unexplained income under Section 68.
Posted inBlog
CESTAT Rules Discount Abatement Practical for Jewellery Sector, Citing Trade Realities
CESTAT rules jewellery businesses can claim excise duty discount abatements using consolidated sales data, simplifying compliance for the sector.
Posted inBlog
Gauhati High Court Quashes GST Order Over Improper Notice Procedures
The Gauhati High Court quashed a GST order, ruling that improper notice procedures invalidate tax demands, highlighting critical procedural safeguards.
Posted inTaxation and Legal Insights
Past GST Cancellation Cannot Justify Customs Broker License Revocation, Rules CESTAT Delhi
CESTAT Delhi clarifies customs broker liability, ruling past GST cancellation cannot revoke licenses if clients had valid GST.
Posted inTaxation and Legal Insights
Andhra Pradesh High Court Curbs Transit-State GST Officers’ Power to Detain Inter-State Goods
In a landmark decision aimed at streamlining interstate trade, the Andhra Pradesh High Court has ruled that Goods and Services Tax (GST) officers of a transit state lack the jurisdiction…
Posted inTaxation and Legal Insights
SAFEMA Tribunal Rules Demonetized Cash Routed Through Third-Party Accounts Qualifies as Benami Property
SAFEMA Tribunal declares demonetized cash routed through third-party accounts as benami property, bolstering India's anti-money laundering efforts.