Retention of seized property survives where recorded reasons support proceeds of crime, while stayed investigation periods are excluded from limitatio...
Specified income of Baddi Barotiwala Nalagarh Development Authority receives conditional tax exemption, retrospectively covering its designated assess...
Specified development authority income receives retrospective tax exemption, subject to non-commercial activity, unchanged income sources, and return-...
Unified Brand India framework introduces voluntary Trust Mark certification and funding support for export branding, packaging and global promotional ...
Origin Declaration authentication governs preferential tariff claims under India-UK CETA, requiring a validated reference number before import clearan...
Separate assessment orders for different years remain valid when distinct notices and hearing opportunities prevent prejudice from combined proceeding...
Levy of penalty equivalent to the tax on employees - wrongful utilization of Input Tax Credit - The High Court scrutinized the applicability of Sections 122(1A) and 137 of the CGST Act to the petitioners, emphasizing that these sections target "taxable persons" and entities responsible for the conduct of a company's business. It was determined that individual employees, who do not stand to personally benefit from the tax credits or evasion in question, do not fall within the scope of these sections as applied in the show cause notice. - It was clarified that the petitioners, in their capacity as employees, could not be deemed directly responsible for the alleged tax evasion merely based on their roles within the company, especially in the absence of concrete proof of their direct involvement or benefit from the evasion.
Levy of penalty equivalent to the tax on employees - wrongful utilization of Input Tax Credit - The High Court scrutinized the applicability of Sections 122(1A) and 137 of the CGST Act to the petitioners, emphasizing that these sections target "taxable persons" and entities responsible for the conduct of a company's business. It was determined that individual employees, who do not stand to personally benefit from the tax credits or evasion in question, do not fall within the scope of these sections as applied in the show cause notice. - It was clarified that the petitioners, in their capacity as employees, could not be deemed directly responsible for the alleged tax evasion merely based on their roles within the company, especially in the absence of concrete proof of their direct involvement or benefit from the evasion.
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