AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
The Supreme Court is set to decide if income from processed seed sales is classified as agricultural or business income for tax exemption purposes. This ruling could have significant implications for the agriculture sector.
The Karnataka High Court granted anticipatory bail to GST dealers by stating that a bogus GST ITC claim by a supplier cannot be grounds for penalizing a genuine purchaser without proof of collusion. This protects buyers in situations involving fraudulent claims.
The GST Appellate Tribunal ruled that the benefit of input tax credit (ITC) is specific to projects, thus homebuyers cannot be excluded from claiming ITC if construction spans periods before and after GST. This interpretation is critical for project developers and buyers alike.
The Goods and Service Tax Appellate Tribunal (GSTAT) ruled that appeals regarding refunds of pre-GST unutilised CENVAT credit should be heard by the Customs, Excise and Service Tax Appellate Tribunal (CESTAT). This decision clarifies the appropriate judicial body for handling such matters.
The Supreme Court affirmed that an Assessing Officer can rely on a Deputy Valuation Officer's (DVO) report only after appropriately rejecting the assessee's book of accounts.
The Gujarat High Court has quashed GST detention orders, citing that actions under Section 129(3) were taken beyond the statutory limit, thus emphasizing adherence to legal timelines.
The Delhi High Court has held that ex parte GST demand orders, if issued without considering the taxpayer's response, must be set aside, reinforcing the principle of fair hearing.
The CBIC has announced a new coordination framework involving CGST and State Mining authorities to enhance GST enforcement in the mineral sector of Jammu and Kashmir.
The Karnataka High Court quashed a GST registration cancellation, asserting that defective verification reports could not justify the action under Rule 22(1).
The Kerala High Court held that a writ petition challenging an allegedly void assessment should be considered, even when an alternative remedy exists, emphasizing the significance of justice in taxation matters.
The Punjab and Haryana High Court has set aside a GST Section 74 order, remanding the case for fresh consideration to ensure due process through a personal hearing.
The CBDT has granted income tax exemption to the District Legal Services Authority for FY 2026-27 on grants, donations, fees, and interest income. This exemption is contingent upon the non-commercial nature of activities and mandatory compliance with section 263(9)(c)(xiii) regarding income sources.
The ITAT ruled that a mere donation receipt is insufficient to claim deductions under Section 80GGC, emphasizing the need for proof of genuine political contributions.