Here’s the Tax Law Daily Bulletin for May 28, 2026.
GST
- PUNJAB & HARYANA HIGH COURT UPHOLDS GST DEMAND U/S 74 FOR FRAUDULENT ITC CLAIMED THROUGH CANCELLED DEALERS
- FIR AGAINST ADVOCATE FOR FILING GST APPEAL USING INPUT TAX CREDIT AS PRE-DEPOSIT QUASHED: ALLAHABAD HIGH COURT
- GST PORTAL TIME LIMIT CAN’T DEFEAT REVOCATION REMEDY FOR RETURN FILING DEFAULT: TELANGANA HC
- GSTAT FLAGS UNSIGNED GST ORDERS AS DEFECTS DESPITE COURTS HOLDING PORTAL-UPLOADED DOCUMENTS GENUINE
- NO GST DEMAND FOR MERE WRONG SET-OFF OF IGST CREDIT UNDER CGST AND SGST HEADS: KERALA HC
- HIMACHAL PRADESH HIGH COURT QUASHES GST SCN ISSUED CONTRARY TO BINDING ADVANCE RULING
- 200% GST PENALTY FOR EXPIRED E-WAY BILL DELAYED BY JUST 50 MINUTES IS TOO HARSH: CALCUTTA HIGH COURT
Service Tax
Excise Duty
- CRIMINAL PROSECUTION UNDER CENTRAL EXCISE ACT CAN’T CONTINUE AFTER CESTAT SETS ASIDE DUTY DEMAND ON MERITS: PUNJAB & HARYANA HIGH COURT
- EXCISE ACT | ACP CUTTING FOR INSTALLATION ON BUILDING FACADES NOT “MANUFACTURE”: SUPREME COURT
- ACQUITTAL OF CENTRAL EXCISE OFFICIALS ALLEGEDLY INVOLVED IN RS. 80K CBI BRIBERY TRAP CASE: SUPREME COURT
Income Tax
- CAPITAL GAINS TAXABILITY MUST FOLLOW ACTUAL DATE OF PROPERTY TRANSFER, NOT MERE SALE DEED REGISTRATION DATE: ITAT
- MULTIPLEX LEASE INCOME TAXABLE AS BUSINESS INCOME, NOT HOUSE PROPERTY INCOME: ITAT
- MERE ABSENCE OF COMPLETE VOUCHERS CAN’T JUSTIFY S. 145(3) ADDITION: ITAT DELETES AD-HOC DISALLOWANCE ON TRANSPORTATION EXPENSES
- UNREGISTERED BANAKHAT ALONE NOT SUFFICIENT TO PROVE TIMELY PROPERTY PURCHASE: ITAT
- NON-APPEARANCE OF DIRECTORS ALONE CAN’T JUSTIFY TREATING SHARE CAPITAL AS BOGUS: ITAT
Corporate Law
- CCI’S POWER TO EXAMINE SUBSTANCE OF AMAZON–FUTURE DEAL, BUT QUASHES DIRECTIONS AND PENALTIES: SUPREME COURT
- S. 138 NI ACT PROCEEDINGS CONTINUE DESPITE PERSONAL INSOLVENCY MORATORIUM UNDER IBC: SUPREME COURT
- LIQUIDATION AFTER SUCCESSFUL RESOLUTION APPLICANT BACKTRACKS FROM COC-APPROVED RP: SUPREME COURT
