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 dismissed the petition challenging the rejection of a rectification application concerning a mismatch in Form GSTR 3B due to a supplier's failure to file Form GSTR-01. The petitioner failed to respond to the show cause notice, leading to the issuance of the assessment order. The rectification application was rejected as no error apparent on the face of the record existed in the original order. The court held that factual disputes raised by the petitioner must be addressed during the assessment process, not through rectification proceedings. Consequently, the impugned order was affirmed, and no interference was warranted. The petition was dismissed.
The HC dismissed the petition challenging the rejection of a rectification application concerning a mismatch in Form GSTR 3B due to a supplier's failure to file Form GSTR-01. The petitioner failed to respond to the show cause notice, leading to the issuance of the assessment order. The rectification application was rejected as no error apparent on the face of the record existed in the original order. The court held that factual disputes raised by the petitioner must be addressed during the assessment process, not through rectification proceedings. Consequently, the impugned order was affirmed, and no interference was warranted. The petition was dismissed.
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