Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
The Income Tax Appellate Tribunal has directed verification of eligibility for a government-approved VRS compensation, determining it exempt under Section 10(10B) of the Income Tax Act.
The Gujarat High Court has quashed a Section 148 notice, determining that the seized broker register entry did not establish a live nexus with the petitioner. This ruling emphasizes the necessity for a clear link in tax assessments.
The ITAT Delhi has restored an addition under Section 44ADA for re-examination after finding that correct GSTR figures and supporting evidence had not been considered initially. This sharpens the focus on accurate reporting.
The ITAT Bangalore ruled that gross profit cannot be estimated merely by averaging previous years' figures without rejecting the books of account. This ruling underscores the necessity of proper justification for gross profit assessments.
The Madras High Court ruled that legal heirs can be held responsible for tax dues of a deceased GST taxpayer, remanding the assessment for compliance with conditions.
The Andhra Pradesh High Court invalidated an unsigned GST assessment order, ruling that the absence of the assessing officer's signature renders the order void.
The Bombay High Court ruled that a subsequent CBDT circular cannot be used to avoid revised monetary limits on appeals.
The Delhi High Court ruled that disputes concerning GST personal hearings and cross-examinations should be pursued through statutory appeals rather than writ petitions.
The Madras High Court has ruled in favor of Tata Refractories, permitting CENVAT credit on furnace oil utilized in the production of exempt intermediate goods for dutiable final products.
The CESTAT Kolkata set aside confiscation and penalties, stating that unmarked gold could not be considered smuggled without evidence of foreign origin or reasonable belief under Section 110.
The Telangana High Court permitted the provisional release of seized imported goods, contingent upon enhanced duty payment and a 10% bank guarantee. Customs adjudication is also allowed to proceed.
The Telangana Authority for Advance Rulings has ruled that user charges collected beyond statutory fees are not exempt from GST under Notification 12/2017, establishing critical guidelines for fee structures subject to GST.