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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%, ...
Commissioner of Income Tax vs Assessee (ITA No. 285/2008 & Connected Appeals) – Delhi High Court Dismisses Revenue Appeals Due to Low Tax Effect
Facts of the CaseThe Revenue filed multiple Income
Tax Appeals before the Delhi High Court challenging orders passed in favour of
the respective assessees. During the hearing, it was noted that the tax effect
involved...
Commissioner of Income Tax v. UAE Resident Assessee – Eligibility of India-UAE DTAA Benefits on Short-Term Capital Gains Despite Absence of Tax Liability in UAE | Delhi High Court
Facts of the CaseIndia had entered into a Double Taxation Avoidance Agreement
with the United Arab Emirates. Under Article 13(3) of the treaty, certain
capital gains earned by a UAE resident were not taxable in India.T...
Supreme Court Stays Allahabad High Court Ruling on GST Appeal Limitation under Section 107: Portal Upload Alone Not Valid Communication – State of Uttar Pradesh v. Bambino Agro Industries Ltd. (SC)
Facts of the CaseThe dispute concerns the
commencement of the limitation period prescribed under Section 107 for
filing an appeal against GST adjudication orders.The Allahabad High Court had held
that the mere uploadi...
Sunil Bhalla vs Deputy Commissioner of Income Tax (Delhi High Court) – Exclusion of Section 148A(b) Reply Period While Computing Limitation Under Section 149 Upheld
Facts of the Case
The Assessing Officer issued a notice under
Section 148A(b) on 28.03.2024.
The assessee was initially granted time till
08.04.2024 to furnish a reply.
On 05.04.2024, the assessee sou...
Commissioner of Income Tax vs. Rajinder Kashyap & Kashyap Motors Pvt. Ltd. | Assessment Time-Barred Due to Invalid Panchnama and Unauthorized Suo Motu Extension of Special Audit Period | Delhi High Court I Limitation under Sections 158BE and 142(2C) of the Income Tax Act
Facts of the Case
A
search and seizure operation under Section 132A of the Income Tax Act was
conducted in the case of Kashyap Motors Pvt. Ltd. on 22 December 1999 and
on certain subsequent dates.
R...
Commissioner of Income Tax vs. Rajinder Kashyap & Kashyap Motors Pvt. Ltd. | Assessment Time-Barred Due to Invalid Panchnama and Unauthorized Suo Motu Extension of Special Audit Period | Delhi High Court I Limitation under Sections 158BE and 142(2C) of the Income Tax Act
Facts of the Case
A
search and seizure operation under Section 132A of the Income Tax Act was
conducted in the case of Kashyap Motors Pvt. Ltd. on 22 December 1999 and
on certain subsequent dates.
R...
Hitachi Astemo Haryana (P.) Ltd. (Formerly Showa India Pvt. Ltd.) v. DCIT – ITAT Delhi Holds Core Auto Component Manufacturers Cannot Be Benchmarked with Non-Core Auto Component Companies for Transfer Pricing Comparability
Facts of the CaseThe assessee, Hitachi Astemo
Haryana (P.) Ltd., was engaged in manufacturing shock absorbers used in
two-wheelers for both domestic and export markets. During Assessment Year
2021-22, it entered into ...
Commissioner of Income Tax vs. Rajinder Kashyap & Kashyap Motors Pvt. Ltd. (2011) – Assessment Held Time-Barred Due to Invalid Reliance on Subsequent Panchnamas and Absence of Suo Motu Power to Extend Special Audit Period Before 01.04.2008
Facts of the
CaseA search and seizure operation under Section 132A
of the Income Tax Act was conducted in the case of Kashyap Motors Pvt. Ltd. on
22 December 1999 and on certain subsequent dates. Rajinder Kashyap was ...