Commercial vehicle depreciation, scientifically determined warranty provisions and exempt-income disallowances were resolved in favour of the taxpayer...
Inherited property sale proceeds require capital-gains treatment where ownership is supported by evidence, not suspicion or unverified signature doubt...
Cross-examination of retracted statements is essential where foundational evidence supports a benami allegation and documented funding explanations re...
Capital-goods exemption covers plant-modernisation accessories, while the import restriction applies only to earlier capital-goods components and spar...
Constitutional judicial review permits challenges to ECIRs and connected money-laundering proceedings where coercive action affects fundamental intere...
Cancellation of GST registration of the petitioner with retrospective effect - The High court modifies the impugned order to address the petitioner's concerns. The court orders that the registration be treated as cancelled from the date of issuance of the Show Cause Notice, i.e., 19.05.2023, instead of the earlier retrospective date. However, the court clarifies that this modification does not preclude the respondent from taking further steps for the recovery of any outstanding tax, penalty, or interest in accordance with the law.
Cancellation of GST registration of the petitioner with retrospective effect - The High court modifies the impugned order to address the petitioner's concerns. The court orders that the registration be treated as cancelled from the date of issuance of the Show Cause Notice, i.e., 19.05.2023, instead of the earlier retrospective date. However, the court clarifies that this modification does not preclude the respondent from taking further steps for the recovery of any outstanding tax, penalty, or interest in accordance with the law.
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