Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
India has defined Virtual Digital Assets (VDAs) for tax purposes, establishing compliance measures for TDS and other income sources. This includes provisions for gifts and mining income, clarifying the parameters for taxation in the crypto space.
The Karnataka High Court ruled that the retrospective amendment of Section 16(5) of the CGST Act extended the eligibility for claiming ITC for returns filed before November 30, 2021.
The Bombay High Court ruled that GST show cause notices under Section 74 cannot consolidate assessments from multiple financial years, emphasizing the independent nature of each year's tax assessments.
The Bombay High Court has quashed a GST adjudication order that imposed a demand beyond the amounts mentioned in the corresponding show cause notice, citing violation of Section 75(7).
The Andhra Pradesh High Court ruled that a composite GST assessment covering multiple financial years infringed statutory provisions and required individual assessments for each year.
The Bombay High Court overturned a GST refund rejection order for lack of proper reasoning, ruling that such decisions must contain specific findings and a rationale to ensure transparency.
The Madras High Court ruled that challenges to GST proceedings under Section 74 must be directed to the appellate authority rather than through writ petitions, emphasizing adherence to statutory remedies.
The Calcutta High Court has dismissed an appeal regarding the classification of polypropylene leno bags, confirming they are classified as plastic articles under Chapter 39 and not as textiles. This ruling clarifies the categorization of such products in accordance with tariff schedules.
The Allahabad High Court is reviewing the validity of GST Input Tax Credit restrictions imposed due to supplier defaults, potentially impacting taxpayers' rights to claim ITC.
The Calcutta High Court has reinforced that a Container Freight Station (CFS) operator cannot avoid liability for Customs charges based on the absence of formal sanction for the officer's position. The ruling emphasizes the importance of the substance of transactions over formal procedural aspects.
The ITAT ruled that remote access and virtual services do not equate to a Permanent Establishment under the India-Canada DTAA, rejecting the 'Virtual Service PE' theory in a case involving IMAX Theatre Services.
The GST Appellate Tribunal (GSTAT) has established benches and a structured hearing process for handling GST appeals across India, improving efficiency in tax dispute resolution.