AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
The Karnataka High Court ruled that the time limit for filing a waiver application under Section 128A is directory and not mandatory, meaning a delay cannot solely justify the rejection of such waivers for GST interest and penalty.
The Advocates Tax Bar Association has requested an extension of the GST Appellate Tribunal (GSTAT) appeal filing deadline to 31 December 2026, citing ongoing technical issues with the GST portal. This request ensures taxpayers can maintain their statutory right to appeal despite these administrative challenges.
The Gauhati High Court upheld the seizure of areca nuts valued at ₹2.22 crore, citing lack of necessary documentation at the time of interception.
The Telangana High Court ruled that an appeal should not be automatically dismissed as time-barred if the taxpayer was actively pursuing a rectification application, setting aside the rejection order for merits-based reconsideration.
The Kerala High Court ruled that the non-obstante clause in Section 16(5) of the GST Act prevails over the time limit imposed by Section 16(4), allowing taxpayers a chance for ITC relief.
The ITAT Delhi ruled that a share premium difference within the 10% safe harbour is not subject to addition under Section 56(2)(viib), confirming the issue price as the fair market value.
The ITAT invalidated a bogus long-term capital gains (LTCG) addition, stating the Assessing Officer failed to establish any connection between the assessee and alleged accommodation entries.
The ITAT Ranchi held that interest disallowance was improper as the Assessing Officer failed to properly verify the records or confront the assessee. The case was remanded for fresh adjudication.
The ITAT ruled that an opening cash balance cannot be deemed unexplained solely based on nil disclosures from the prior year's income tax return. The decision allows the assessee's explanation of withdrawals from taxed income.
The Karnataka High Court has ruled that filing an Income Tax Return (ITR) does not amount to a retraction of a statement made under section 132(4) of the Income Tax Act.
The Calcutta High Court ordered a fresh hearing for a taxpayer due to the non-receipt of a show cause notice.
The Delhi High Court ruled that GST show cause notices uploaded without effective communication are invalid, quashing the GST demand.
The Punjab and Haryana High Court ruled that a GST penalty order issued without a show cause notice is invalid, reaffirming principles of natural justice.