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Hidayatullah National Law University vs ACIT (Exemption) | Section 10(23C)(iiiab) Exemption Denied as Government Grant Below 50% Threshold under Rule 2BBB | ITAT Raipur
Facts of the CaseThe assessee, Hidayatullah National Law University, a
State-established institution engaged in imparting legal education, claimed
exemption under Section 10(23C)(iiiab) for Assessment Years 2016-17 and...
TRUTH FASHION vs. S.K. Singh Special Commissioner (Delhi HC): Refund Cannot Be Withheld Merely Due to Pending GST Appeal Without Stay Order
GST refund was allowed by the Appellate Authority and no stay was granted by the Tribunal, yet refund was withheld — Delhi High Court directed release of the deposited refund amount to the Assessee.Issue:Whether the De...
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...