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 set aside the impugned order of 26.08.2025, holding that the Adjudicating Authority erred in computing penalty under Section 129(1)(b) instead of Section 129(1)(a) of the U.P. GST Act, 2017; therefore the matter is remitted to the authorities to determine the quantum of penalty under Section 129(1)(a) within three weeks. The petitioner is directed to deposit the penalty calculated on the value of goods as declared in the tax invoice, whereupon the goods shall be released forthwith. The writ petition is disposed of by consent, with no further adjudication required pending compliance with the directions.
The HC set aside the impugned order of 26.08.2025, holding that the Adjudicating Authority erred in computing penalty under Section 129(1)(b) instead of Section 129(1)(a) of the U.P. GST Act, 2017; therefore the matter is remitted to the authorities to determine the quantum of penalty under Section 129(1)(a) within three weeks. The petitioner is directed to deposit the penalty calculated on the value of goods as declared in the tax invoice, whereupon the goods shall be released forthwith. The writ petition is disposed of by consent, with no further adjudication required pending compliance with the directions.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4803
Join Channel
TaxTMI 
