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GST ITC on Netting-Off Payments between Branch and Head Office: AAAR Tamil Nadu in Sanghvi Movers Ltd.
The Appellate Authority for Advance Ruling,
Tamil Nadu, examined the admissibility of input tax credit in the hands of a
branch office where payments to the head office were settled through
netting-off of receivables ...
Input Tax Credit Cannot Be Denied Solely Due to Retrospective Cancellation of Supplier’s GST Registration Without Proving Non-Genuine Transactions: Sanchita Kundu & Anr. v. Assistant Commissioner of State Tax (Calcutta High Court, 2022)
The
petitioners, Sanchita Kundu & Another, approached the Calcutta High
Court by filing writ petitions challenging the action of the GST authorities
whereby the benefit of Input Tax Credit (ITC) was denied through...
Admissibility of Input Tax Credit on Book Adjustment Settlements under GST: Analysis of Kerala AAR Ruling in Paragon Polymer Products Pvt. Ltd. Case
The
applicant, M/s. Paragon Polymer Products Pvt. Ltd., engaged in the
manufacture and trading of footwear, sought an advance ruling on whether Input
Tax Credit (ITC) would be admissible in cases involving sale and bu...
Prosecution under Section 276C(1) Cannot Continue After Settlement Commission Order Granting Penalty Immunity: Supreme Court, VIJAY KRISHNASWAMI VERSUS THE DEPUTY DIRECTOR OF INCOME TAX (INVESTIGATION)
The Supreme Court examined the legality of
continuation of prosecution under Section 276C(1) of the Income Tax Act, 1961,
after the Income Tax Settlement Commission had passed an order granting
immunity from penalty u...
GST Confiscation for Excess Stock Without Following Sections 73/74 Is Unsustainable – Allahabad High Court | M/s Janta Machine Tools v. State of U.P. (2025)
In M/s
Janta Machine Tools v. State of Uttar Pradesh & Others, the Allahabad
High Court examined the legality of confiscation and penalty proceedings
initiated under Section 130 of the GST Act solely on the basis ...
Limitation Period under Section 144C vis-à-vis Section 153 of the Income-tax Act: Supreme Court Clarifies DRP Timelines, Assistant Commissioner of Income Tax (International Taxation) & Others Versus Shelf Drilling Ron Tappmeyer Ltd. Etc.
The issue before the Supreme Court
concerned the correct interpretation of the limitation provisions under Section
153 of the Income-tax Act, 1961, in cases where the special assessment
procedure under Section 144C, i...
Denial of Input Tax Credit Solely Due to Retrospective Cancellation of Supplier’s GST Registration Is Unsustainable: M/s Himalaya Communication Pvt. Ltd. v. Union of India & Ors. (Himachal Pradesh High Court, 2025)
The
petitioner, M/s Himalaya Communication Pvt. Ltd., approached the
Himachal Pradesh High Court by way of a writ petition seeking quashing of
orders passed by the departmental authorities denying Input Tax Credit (IT...
Input Tax Credit Cannot Be Denied Merely Due to Retrospective Cancellation of Supplier’s GST Registration Without Disproving Genuine Transactions: M/s Gargo Traders v. Joint Commissioner, State Tax (Calcutta High Court, 2023)
The
petitioner, M/s Gargo Traders, a registered taxable person under the GST
regime, challenged the order dated 13 April 2022 passed by the Joint
Commissioner, State Tax, West Bengal, whereby the appeal preferred by t...
Delhi High Court Upholds Validity of GST Registration Cancellation Modification in M/S Balaji Industries (Vipin Kumar) vs. Principal Commissioner CGST Delhi North (W.P.(C) 11913/2024)
In the
matter of M/S Balaji Industries (Vipin Kumar) vs. The Principal Commissioner
CGST Delhi North Commissionerate & Anr., the petitioner challenged the
retrospective cancellation of its GST registration by the ...
Transfer of Pending Company Petitions to NCLT under Section 434: Rajasthan HC in Modern Insulators Ltd.
The Rajasthan High Court, Jaipur Bench, in Modern
Insulators Ltd. v. —, considered an application seeking appropriate
directions in respect of a company petition that was pending before the High
Court under the prov...