HomeTagsITC

ITC

Can Income Tax Dept. Reopen Assessment Through Rectification After Granting Immunity U/S 270AA? ITAT Says No

The Income Tax Act, the Mumbai Bench of the Income Tax Appellate Tribunal (ITAT)...

LTCG Deduction Be Denied Merely Because Sale Deed Was Registered After 2 Years? ITAT Says No

The Bangalore Bench of the Income Tax Appellate Tribunal (ITAT) has held that Long...
spot_img

Interest U/s 50 Not Payable on ITC Merely Availed but Not Utilised: Orissa High Court

The Orissa High Court has held that interest under Section 50 of the CGST...

Writ Petitions Challenging The Blocking Of ITC At SCN Stage Is Premature: Bombay High Court

The Bombay High Court has disposed of a large batch of writ petitions challenging...

ITC Demands Based on GSTR-2A & GSTR-3B Mismatch Under Scrutiny: Case Laws That Limits on Departmental Action

In recent times, taxpayers across India have increasingly faced substantial tax demands arising solely...

Bona Fide Purchaser Can’t Be Denied ITC for Seller’s Default: Tripura High Court Reads Down S. 16(2)(c)

The Tripura High Court has held that a bona fide purchaser cannot be denied...

Section 16(2)(c) CGST Act Valid but READ DOWN; ITC Can’t Be Denied to Bona Fide Buyers Says Tripura High Court

The Tripura High Court has held that while upholding the constitutional validity of Section...

GSTN Issues Advisory & FAQ on Electronic Credit Reversal, Re-claimed Statement & RCM Liability/ITC Statement

The Goods and Service Tax Network (GSTN) has issued the advisory & FAQ on...

Gauhati HC Questions Constitutional Validity Of Restricting ITC Through State Incentive Schemes, Suspends SCN Against Patanjali Foods

The Gauhati High Court has suspended four show-cause notices against Patanjali Foods while questioning...

Retrospective GST ITC Refund Under Amended Inverted Duty Structure Upheld: Supreme Court 

The Supreme Court has upheld the Gujarat High Court’s decision allowing retrospective refund of...

Whether Wrong Address & GSTIN on Invoices Should Deny ITC? Supreme Court Admits Dept’s Appeal

The Supreme Court has admitted department's Special Leave Petition (SLP) against the judgement of...

Delhi HC Flags Dual ITC Demand on Sweet Shop-Cum-Restaurant; Limits Pre-Deposit for Appeal

The Delhi High Court has flagged the dual Input Tax Credit (ITC) demand on...

ITC Not Available On Share Buyback Expenses: AAR

The Gujarat Authority of Advance Ruling (AAR) has ruled that the Input Tax Credit...

ITC Available on Canteen Services for Factory Employees, Limited to Employer’s Cost Share: AAR

The Gujarat Authority of Advance Ruling (AAR) has ruled that Input Tax Credit (ITC)...

Latest articles

Can Income Tax Dept. Reopen Assessment Through Rectification After Granting Immunity U/S 270AA? ITAT Says No

The Income Tax Act, the Mumbai Bench of the Income Tax Appellate Tribunal (ITAT)...

LTCG Deduction Be Denied Merely Because Sale Deed Was Registered After 2 Years? ITAT Says No

The Bangalore Bench of the Income Tax Appellate Tribunal (ITAT) has held that Long...

Can Interest Be Waived on Delayed Service Tax Payment by a Govt. Dept.? CESTAT Says No

The Allahabad Bench of the Customs, Excise & Service Tax Appellate Tribunal (CESTAT) has...

Does Failure to Meet EPCG Export Obligation Attract Penalty If Imported Assets Are Auctioned by Banks? CESTAT Ans.

The Principal Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT), New...