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...
Capital-goods exemption covers plant-modernisation accessories, while the import restriction applies only to earlier capital-goods components and spar...
Constitutional judicial review permits challenges to ECIRs and connected money-laundering proceedings where coercive action affects fundamental intere...
HC allowed the writ petition and quashed the show cause notice issued by the revenue officer, holding that levy of IGST on a service component is impermissible where IGST has already been concomitantly imposed on the goods component of a composite supply. The HC, following the SC precedent, concluded that a tax treated by legislation as part of the composite supply of goods cannot be separately taxed as a supply of service. Consequentially, declarations under the specified entries were held invalid to the extent they sought to impose IGST on the service element, and the impugned notice dated 15.12.2021 was set aside.
HC allowed the writ petition and quashed the show cause notice issued by the revenue officer, holding that levy of IGST on a service component is impermissible where IGST has already been concomitantly imposed on the goods component of a composite supply. The HC, following the SC precedent, concluded that a tax treated by legislation as part of the composite supply of goods cannot be separately taxed as a supply of service. Consequentially, declarations under the specified entries were held invalid to the extent they sought to impose IGST on the service element, and the impugned notice dated 15.12.2021 was set aside.
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