Tax Guru

GST ITC Denial Set Aside as Section 16(5) Extends Claim Deadline to 30th November 2021

The High Court held that ITC claims for financial years 2017-18 to 2020-21 remain valid if returns were filed before 30 November 2021 under the amended Section ...
Tax Guru

SC Calls for Policy Review Because Lack of MSP Incentives Affects Pulses Cultivation

The Supreme Court asked the government to review policies promoting pulses cultivation after concerns were raised about insufficient MSP incentives and market support for ...
Tax Guru

ITAT Delhi Sets Aside Assessment as Faceless Jurisdiction Was Assumed Prematurely

The tribunal set aside the assessment after finding that faceless assessment proceedings were initiated before the scheme was formally notified, rendering the assumption of jurisdiction ...
Tax Guru

CENVAT Credit Allowed as Six-Month Limitation Cannot Apply to Pre-Amendment Invoices

The tribunal ruled that the six-month limit introduced in 2014 cannot be applied to invoices issued before the amendment, as it would retrospectively restrict an accrued credit ...
Tax Guru

CESTAT Sets Aside Credit Demand Because Eligibility of Input Service Credit Was Not Disputed

The Tribunal ruled that before 01.04.2016 Rule 7 allowed discretionary distribution of credit by ISDs. As the disputed period fell within that timeframe, denial of credit on proportionality grounds ...
Tax Guru

ITAT Deletes Tax Adjustment as CPC Failed to Issue Mandatory Intimation Before Processing Return

The ITAT Mumbai held that adjustments under Section 143(1) cannot be made without issuing prior intimation to the taxpayer. As CPC failed to provide such notice or reasons, the adjustment and ...
Tax Guru

Madras HC Quashes Human Rights Commission Order as It Conducted Parallel Trial

The court held that the Human Rights Commission exceeded its jurisdiction by assessing the merits of the criminal case and directing compensation against police ...
Tax Guru

Section 80C Deduction & HRA Exemption Rejected as Assessee Failed to Produce Evidence

The Tribunal upheld the disallowance of HRA exemption under Section 10(13A) as the assessee failed to submit any supporting documents for rent payments. In the absence of evidence, the claim of ₹1,08, ...
Tax Guru

Addition for Bogus Purchase Upheld as Assessee Failed to Prove Genuine Transactions: Jharkhand HC

The court held that an appeal under Section 260A cannot be entertained when it merely seeks re-appreciation of evidence, ...
Tax Guru

Inadvertent Error in Partnership Deed on Remuneration Limits Cannot Justify Disallowance: ITAT Mumbai

The tribunal ruled that remuneration paid to a working partner cannot be disallowed when the partnership deed authorizes such payment and the amount is within limits prescribed under Section ...
Tax Guru

Discount on Demo Vehicles Not Deductible as Demo Cars Identical to Normal Cars: CESTAT Chennai

The tribunal ruled that discounts offered on demo vehicles cannot reduce assessable value since the vehicles are identical to normal cars cleared to ...
Tax Guru

Gauhati HC Sets Aside Recovery Notice Due to Lack of Opportunity to Respond

The Gauhati High Court interfered with both the recovery notice and the earlier adjudication order, directing that the matter be reconsidered after giving the petitioner an opportunity to ...