Section 147A of the Income Tax Act declared unconstitutional • Penalty confirmed in the adjudication order cannot exceed penalty proposed in the show cause notice • Refund cannot be appropriated against a demand for which statutory pre-deposit has been made and appeal is pending • Show cause notice issued before audit observations are finalised is not legally sustainable • Circular restricting inverted duty refund where input and output are the same is inapplicable where ITC… • Penalty imposed on Director under Section 122(1A) in an appeal filed only by the Company • Unaccounted stock found on business premises during survey cannot attract confiscation under Section 130 • Appellate Authority cannot uphold tax demand under Section 74 while substituting penalty under Section 73
35 articles
The Authority ruled that a complete set of e-rickshaw components supplied as a single identifiable CKD kit attracts 5% GST under HSN 87038040, but prescribed fo…
The Gujarat Authority for Advance Ruling has held that outdoor playground equipment such as slides, swings, see-saws, climbers and multi-activity play stations…
The Gujarat Authority for Advance Ruling has held that the portion of canteen charges deducted from employees' salaries by Torrent Pharmaceuticals Ltd. towards…
The GSTAT Chandigarh Bench has refused to admit an appeal filed by the Managing Director of M/s Weikfield Foods Pvt. Ltd. against a penalty of Rs. 50,000 (Rs. 2…
Showing 1–10 of 35 articles
