tax law – Page 8 – smeaccountant

Bombay High Court Quashes GST on Ocean Freight, Ending Double Taxation for Importers

Bombay High Court quashes GST on ocean freight for CIF imports, ending double taxation and bringing crucial relief to Indian importers.

Prasenjit Bhowmik May 22, 2026

Taxation and Legal Insights

Paradox of Permanence: Why Bolted Telecom Towers Remain ‘Movable’ Under GST

Discover why India's bolted telecom towers are legally 'movable' under GST, safeguarding billions in tax credits for telcos.

Prasenjit Bhowmik May 22, 2026

Taxation and Legal Insights

High Court Quashes Tax Assessment Order Over Faulty Email Communication

High Court voids a tax assessment order due to faulty email communication, stressing fair hearing rights against digital automation errors.

Prasenjit Bhowmik May 22, 2026

Taxation and Legal Insights

Delhi High Court Rules Unsigned Section 148 Notices Valid Under Digital Era Provisions

Delhi High Court validates unsigned Section 148 income tax notices, confirming their legal enforceability in the digital age if the officer is identifiable.

Prasenjit Bhowmik May 22, 2026

Taxation and Legal Insights

Tax Tribunal Overturns Reassessment Due to Time-Barred Notice

The Income Tax Appellate Tribunal (ITAT) Mumbai bench has quashed a reassessment proceeding, ruling that the notice under Section 148 of the Income Tax Act, 1961, was issued beyond the…

Prasenjit Bhowmik May 20, 2026

Taxation 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,…

Prasenjit Bhowmik May 20, 2026

Taxation and Legal Insights

Karnataka High Court Rules in Favor of Taxpayers on ITC Rejection, Citing Retrospective Law Application

The Karnataka High Court has set aside the rejection of Input Tax Credit (ITC) claims for businesses that filed their Goods and Services Tax (GST) returns before November 30, 2021.…

Prasenjit Bhowmik May 20, 2026

Taxation and Legal Insights

MP High Court Upholds GST Tribunal’s Appellate Role, Dismisses Writ Petition

The Madhya Pradesh High Court recently dismissed a writ petition challenging the cancellation of a Goods and Services Tax (GST) registration, asserting that the petitioner had an effective alternative remedy…

Prasenjit Bhowmik May 20, 2026

Taxation and Legal Insights

CESTAT Rules CENVAT Credit Applicable on GTA Services for FOR Destination Sales

The Customs, Excise, and Service Tax Appellate Tribunal (CESTAT), Chennai bench, recently ruled that CENVAT credit is admissible on Goods Transport Agency (GTA) services when goods are sold on a…

Prasenjit Bhowmik May 20, 2026