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MARKETS LTD. vs. Union of India (Bombay High Court): Mandatory Pre-Deposit Requirement Under Section 107(6)(b) of the GST Act
Assessee had already paid ₹30.81 crore TCS under protest during the disputed period — Bombay High Court held that no further 10% pre-deposit was required under Section 107(6)(b) of the CGST Act.ISSUE:Whether TCS amou...
DHUPANI OVERSEAS vs. Principal Commissioner, Delhi GST (Delhi HC) – ITC Cannot Be Denied Without Proper Verification Under Section 16 GST
Impact Analysis: GST registration was suspended and DRC-01 demands of nearly ₹98 lakh were issued for alleged wrongful ITC, but Delhi High Court protected the Assessee from coercive action till supplementary SCN was ad...
MCA Notification on CSR Eligibility of Subscription to Zero Coupon Zero Principal Instruments on Social Stock Exchange vs Earlier CSR Funding Framework – Amendment to Schedule VII of Companies Act, 2013
Facts of
the Matter
Companies meeting the
prescribed thresholds under Section 135 of the Companies Act, 2013 are
required to spend a specified amount on CSR activities.
Schedule VII specifies the
...
Commissioner of Income Tax v. Assessee (Name Not Available in Uploaded Order) – Delhi High Court Dismisses Revenue Appeals on Low Tax Effect Threshold | ITA Nos. 74/2008, 285/2008, 312/2008, 510/2008, 512/2008, 637/2008, 976/2008, 1339/2008, 76/2009 & 849/2009
Facts of the CaseMultiple Income Tax Appeals were filed by the Revenue before
the Delhi High Court.The Court examined the monetary impact involved in the
appeals.It was found that the tax effect in the concerned matter...
Commissioner of Income Tax vs Assessee (ITA No. 637/2008 & Connected Appeals) – Delhi High Court | Appeals Dismissed Due to Low Tax Effect Below ₹4 Lakh
Facts of the CaseThe Revenue filed multiple Income Tax Appeals before the Delhi
High Court against various assessees. During the hearing, it was brought to the
notice of the Court that the tax effect involved in all th...
Commissioner of Income Tax vs [Assessee Name] | Delhi High Court Dismisses Income Tax Appeal Due to Low Tax Effect Below ₹4 Lakhs | ITA No. 512/2008
Facts of the Case• The Revenue had filed Income Tax Appeal No. 512/2008 before
the Delhi High Court.
• The matter was listed along with several other connected income-tax appeals.
• During the hearing, the Court...
CBDT Instruction on Sections 68, 69A, 69B, 69C, 69D and Section 115BBE after C&AG Compliance Audit – Directions for Uniform Assessment, Investigation and Correct Tax Computation
CBDT
Instruction on Sections 68, 69A, 69B, 69C, 69D and Section 115BBE after C&AG
Compliance Audit – Directions for Uniform Assessment, Investigation and Correct
Tax Computation FACTS OF
THE CASE
The Com...
GST registration was cancelled for non-filing of returns and non-payment of tax — Andhra Pradesh High Court permitted revival through revocation application, draft returns and tax payment within fixed timeline. MOHAMMED FEROZ QURESHI vs. ASSISTANT COMMISSIONER ST HONBLE JUSTICE
GST registration was cancelled for non-filing of returns and non-payment of tax — Andhra Pradesh High Court permitted revival through revocation application, draft returns and tax payment within fixed timeline.Issue:Wh...
GST Valuation Disputes Under Section 15: Landmark Judgments, Key Principles, and Practical Implications
Valuation Disputes U/s 15 in GSTValuation under the GST regime is primarily governed by
Section 15 of the Central Goods and Services Tax (CGST) Act, 2017. This section
establishes the "transaction value" as the standar...
May 2026 GST Collections Rise 3.2% YoY to ₹1.94 Lakh Crore: Import-Led Growth Offsets Decline in Domestic GST Revenue
Facts of the CaseThe Government released the GST
revenue figures for May 2026 indicating gross GST collections of approximately
₹1.94 lakh crore. While domestic GST collections witnessed a marginal decline
of 2.6%, ...