Article Archive
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Page 6 of 10
Rs. 28.81 Crore Demand, Zero Hearings: Orissa HC Isn’t Having It
The Orissa High Court sets aside a Rs. 28.81 crore GST demand and orders fresh adjudication after finding the assessee was denied a personal hearing despite a specific written request.
25 Aug 20264 min read
Read MoreYour Supplier’s Tax Problems Aren’t Automatically Your Client’s Problem
ITAT Delhi deletes a Rs. 95.76 crore bogus-purchase addition, holding that a supplier’s subsequent GST registration cancellation and failure to file income tax returns cannot taint an otherwise documented purchase.
25 Aug 20264 min read
Read MoreCross Rs. 1.5 Crore and Your Composition Scheme Is Already Over
GSTAT Hyderabad holds that the GST composition option lapses automatically once turnover crosses Rs. 1.5 crore, and that Rule 35 cum-tax valuation must be granted even where not specifically claimed.
25 Aug 20264 min read
Read MoreNine Minutes Late: Why GSTAT Refused to Call This Tax Evasion
The Lucknow Bench of GSTAT deletes a Rs. 2.63 lakh penalty where an e-way bill was generated nine minutes after vehicle interception, holding it a bona fide procedural lapse.
25 Aug 20264 min read
Read MoreNo IGST on Ocean Freight for CIF Imports: Madras HC Says Enough Is Enough
The Madras High Court quashes IGST demand orders on ocean freight paid under reverse charge for CIF imports, applying the Supreme Court’s ruling in Union of India v. Mohit Minerals.
25 Aug 20266 min read
Read MoreGSTAT Backlog Appeal Deadline Missed? Section 112(6) Condonation Window Explained (2026)
A practitioner’s guide to the GST Appellate Tribunal backlog-appeal limitation regime — the 30 June 2026 statutory deadline, the Section 112(6) condonation window now closing, pre-deposit rules, and what to do if a client missed the cut-off.
24 Aug 20268 min read
Read MoreSection 44AB Is Now Section 63: What Practitioners Need to Confirm Before the 30 September Tax Audit Deadline
Practical Compliance Guide · Income Tax · Tax Audit · KNOWLEDGE/EXPLAINER (not tied to a new development today) Executive Summary […]
23 Aug 20266 min read
Read MoreGSTR-3B Due Today (20 August) — Pre-Filing Checklist for July 2026
A practitioner’s pre-filing checklist for today’s GSTR-3B (July 2026) due date — reconciliation, ITC verification, and common last-mile filing errors to avoid.
20 Aug 20263 min read
Read MoreSection 17(5)(d) CGST Act Explained — When Is Equipment “Immovable Property” for ITC Purposes?
A practitioner’s explainer on Section 17(5)(d) of the CGST Act — the immovable-property ITC restriction, the “plant and machinery” carve-out, and the permanence/annexation test courts actually apply.
20 Aug 20263 min read
Read MoreSC Dismisses Review Plea, Confirms GST ITC on Telecom Towers — Airtel & Indus Towers Win
The Supreme Court has dismissed the Centre’s review petitions against its August 2025 ruling that telecom towers are movable “plant and machinery” eligible for GST input tax credit, bringing finality to a dispute involving ₹5,454.6 crore in quashed demands against Indus Towers.
20 Aug 20266 min read
Read MoreGST Valuation of Corporate Guarantees Under Rule 28(2) — Practical Compliance Guide
A practical checklist for reviewing related-party corporate guarantees for GST valuation exposure under Rule 28(2) of the CGST Rules, in light of this cycle’s Gujarat High Court development on retrospective application.
19 Aug 20262 min read
Read MoreSection 122(1A) CGST Act Explained — Who Is Personally Liable for GST Fraud Penalties
A practitioner’s explainer on Section 122(1A) of the CGST Act — who counts as “any person” for personal GST fraud penalty liability, how it interacts with a firm’s own penalty, and what evidence establishes individual exposure.
19 Aug 20263 min read
Read MoreGST on Corporate Guarantees: Gujarat HC Upholds Rule 28(2), Bars Retrospective Levy Before 26 Oct 2023
Gujarat High Court upholds the constitutional validity of Rule 28(2) of the CGST Rules governing GST valuation of corporate guarantees between related parties, while quashing retrospective demands on guarantees issued before the Rule came into force on 26 October 2023.
19 Aug 20265 min read
Read MorePartners Personally Penalised for Fake-ITC Fraud Under Section 122(1A) CGST Act — Gujarat HC
Gujarat High Court upholds personal penalties on two partners under Sections 122(1A) and 122(3) of the CGST Act for orchestrating a fake-invoice, fake-e-way-bill, hawala-routed ITC fraud — independent of the firm’s own penalty. *Manoj Ramkishan Agrawal & Anr. v. Union of India & Anr.*
19 Aug 20265 min read
Read MoreCalcutta High Court: A CC/OD Account Cannot Be Classified as NPA Without Actual 90-Day Overdue or “Out of Order” Status — SARFAESI Notice Quashed
The Calcutta High Court quashes a bank’s SARFAESI Section 13(2) notice, holding that a Cash Credit/Overdraft account cannot be classified as a Non-Performing Asset unless it is actually overdue for more than 90 days or genuinely “out of order.”
18 Aug 20264 min read
Read MoreITAT New Delhi: AE Subsidy to Offset Distribution Losses Is Operating Revenue — ₹3.08 Crore Transfer Pricing Adjustment Deleted (Chanel India)
ITAT New Delhi holds that a routine, performance-linked subsidy paid by an associated enterprise to compensate a distributor’s losses is operating revenue for transfer pricing purposes, deleting a ₹3.08 crore adjustment against Chanel (India) Pvt. Ltd.
18 Aug 20264 min read
Read MorePractical Compliance Guide: Responding to a GST ITC Mismatch Notice — The Circular 183 Verification Checklist Every Practitioner Should Invoke
A practical checklist for responding to any GST demand based on an ITC mismatch between GSTR-3B and GSTR-2A, built around CBIC Circular No. 183/15/2022-GST’s mandated verification steps.
18 Aug 20262 min read
Read MoreITAT Delhi: Capital Loss on Sale of Unlisted Shares Allowed — Physical Transfer Held Valid, Consideration Timing Not Determinative
ITAT Delhi allows a long-term capital loss on the sale of unlisted company shares, holding that physical (non-demat) transfer of unlisted shares was lawful and that the date consideration was received does not determine the date of transfer.
18 Aug 20264 min read
Read MoreITAT New Delhi: Interest on Enhanced Land Acquisition Compensation Is Not Taxable as “Income from Other Sources” Where the Underlying Land Is Not a Capital Asset
ITAT New Delhi holds that interest awarded under Section 28 of the Land Acquisition Act, 1894 on compulsorily acquired rural agricultural land — not a “capital asset” under Section 2(14)(iii) — cannot be separately taxed as Income from Other Sources.
18 Aug 20264 min read
Read MoreCalcutta High Court: ITC Mismatch Demand Confirmed Without Verifying Section 16 Conditions Set Aside — Fresh Adjudication Ordered
The Calcutta High Court sets aside an ex parte GST demand confirmed on an ITC mismatch between GSTR-3B and GSTR-2A without the proper officer first verifying fulfilment of Section 16 conditions as mandated by CBIC Circular No. 183/15/2022-GST.
18 Aug 20265 min read
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