AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
The ITAT Hyderabad has quashed a reassessment order due to the absence of approval from the competent authority for a Section 148 notice. This ruling reaffirms procedural correctness in reassessment procedures.
The Kerala High Court invalidated a composite GST show cause notice for multiple years, allowing separate notices for each financial year.
The Madras High Court affirmed that interest on delayed GST payments is due even when payment is made voluntarily, underscoring the importance of timely compliance.
The Bombay High Court held that a newly introduced exception by the CBDT cannot override existing monetary limits for appeals.
The application of Section 54 provides tax rebates on property sales, incentivizing reinvestment. Understanding this provision can significantly reduce long-term capital gains liabilities.
The Calcutta High Court set aside cognizance and non-bailable warrants in a Customs Act case, citing the requirement for a pre-cognizance hearing under Section 223 BNSS.
The Delhi High Court has mandated the processing of GST refunds with interest, clarifying that appellate orders must be implemented unless a stay is granted by a competent authority. This ruling reinforces taxpayer rights regarding refunds.
The Patna High Court set aside an ex-parte GST registration cancellation due to failure to serve a valid Section 169 notice, emphasizing the need for compliance with legal notice requirements.
The Gauhati High Court has granted bail in a GST case under Section 132(5), determining that continued custody of the accused was unnecessary following the prosecution's reliance on seized evidence. This ruling raises important inquiries regarding custodial practices in GST proceedings.
The Karnataka High Court quashed the cancellation of GST registration, determining that the inspection reports were defective and unrelated to the matter at hand. The decision restores the original proceedings regarding the taxpayer's GST status.
The RBI emphasizes compliance with the FLA Return under FEMA, clarifying filing obligations and the deadline of July 15, for entities managing foreign investments.
The Gujarat High Court ruled that a 28-month-old broker register entry does not justify reopening income tax assessments. The decision emphasizes the need for a direct connection to trigger tax actions.
The Gujarat High Court upheld the status of the Ahmedabad Urban Development Authority (AUDA) as a charitable organization, despite its commercial activities. The ruling reinforces the notion that charitable objectives can coexist with commercial operations.