The Court ordered payment of statutory interest after refund was sanctioned belatedly. The ruling underscores that interest follows delayed refunds under the CGST ...

The High Court ruled that authorities cannot block an electronic credit ledger beyond the ITC actually available. Negative balances created under Rule 86A were held to be without ...

The Court noted that no show cause notice had been issued and the tax demand was not finally quantified. It allowed limited ...

The Court examined detention of a gold bar where no show cause notice was issued after seizure. Relying on Supreme Court precedent and the petitioner’s undertaking, release was directed upon payment ...

The Court examined a reassessment initiation where the assessee was given less than 24 hours to respond. Holding this to be contrary to Section 148A(b) and natural justice, the order and notice were ...

The Court dealt with delay in implementation of a customs order directing release of seized gold. It ordered execution of the Order-in-Original within a fixed time and clarified duty and warehousing ...

The High Court set aside a cancellation order that failed to address the taxpayer’s reply or record reasons. The ruling underscores that unreasoned orders cannot survive judicial ...

The High Court set aside GST orders where IGST demand was raised despite tax being paid as CGST and SGST. The ruling directs fresh consideration and refund of excess tax, if any, under Section ...

The Tribunal examined whether an allotment letter fixing consideration could qualify as an agreement under section 56(2)(vii)(b). It held that where part payment is made by cheque, stamp duty value on ...

The Tribunal held that additions under Section 68 could not be sustained where no incriminating material was found during search. Documentary evidence proving the loan’s genuineness was ...

The Tribunal upheld duty and interest on use of a fraudulently enhanced duty credit scrip but ruled that penalty under section 114AA cannot be imposed without proof of knowledge or intent. The key ...

The Tribunal examined how brought-forward losses should be computed for MAT purposes. It held that losses as on the end of the preceding year must be considered, not figures altered during the ...