Fraud classification show-cause notices founded on inconclusive forensic audit material cannot sustain action, permitting fresh proceedings on conclus...
Appellate enhancement limits protect against new income sources, while documented credits and prior-year investments resist unexplained-income additio...
HC ruled in favor of petitioner, finding the rejection of budgetary support refund claims invalid. The court held that the calculation of 58% central tax and 29% IGST paid through cash ledger was correctly applied. The respondent's rejection of Rs. 31,456/- for July-September 2021 and Rs. 69,684/- for January-March 2022 quarters was deemed contrary to the notification dated 05.10.2017. The court directed respondent to release the inadmissible amounts, effectively granting the petitioner's refund claims in full.
HC ruled in favor of petitioner, finding the rejection of budgetary support refund claims invalid. The court held that the calculation of 58% central tax and 29% IGST paid through cash ledger was correctly applied. The respondent's rejection of Rs. 31,456/- for July-September 2021 and Rs. 69,684/- for January-March 2022 quarters was deemed contrary to the notification dated 05.10.2017. The court directed respondent to release the inadmissible amounts, effectively granting the petitioner's refund claims in full.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4915 
