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...
The HC adjudicated a dispute concerning ITC blocking under CGST Act, 2017, s. 86A. The court examined the petitioner's challenge to the respondents' order regarding a blocked credit of Rs. 46,01,645/-. Upon careful review, the HC found that the petitioner's fundamental concerns were adequately addressed through clarifications provided by the respondents. The court's reasoning focused on the nature of the credit debit and the procedural transparency of the blocking mechanism. Consequently, the HC disposed of the petition, effectively resolving the dispute without mandating substantial further action, thereby affirming the administrative process's integrity in the electronic credit registration system.
The HC adjudicated a dispute concerning ITC blocking under CGST Act, 2017, s. 86A. The court examined the petitioner's challenge to the respondents' order regarding a blocked credit of Rs. 46,01,645/-. Upon careful review, the HC found that the petitioner's fundamental concerns were adequately addressed through clarifications provided by the respondents. The court's reasoning focused on the nature of the credit debit and the procedural transparency of the blocking mechanism. Consequently, the HC disposed of the petition, effectively resolving the dispute without mandating substantial further action, thereby affirming the administrative process's integrity in the electronic credit registration system.
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