https://www.taxtmi.com/caselaws?id=787110 The deletion of Section 42 by the Finance Act, 2022 was held to potentially affect the department's authority to sustain demands for excess ITC and ITC reversal, requiring fresh adjudication; accordingly the matter was remitted for reassessment on merits. The court required conditional deposits by the petitioner (partial deposit for disputed ITC reversal, full admitted RCM tax and full late fee) within thirty days and ordered vacation of bank attachment subject to compliance. The respondent must pass a fresh order with revised tax and interest calculations within three months and may recover amounts if conditions are not met. en-us Fri, 13 Feb 2026 00:00:00 +0530 Thu, 26 Feb 2026 07:35:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=787110 The deletion of Section 42 by the Finance Act, 2022 was held to potentially affect the department's authority to sustain demands for excess ITC and ITC reversal, requiring fresh adjudication; accordingly the matter was remitted for reassessment on merits. The court required conditional deposits by the petitioner (partial deposit for disputed ITC reversal, full admitted RCM tax and full late fee) within thirty days and ordered vacation of bank attachment subject to compliance. The respondent must pass a fresh order with revised tax and interest calculations within three months and may recover amounts if conditions are not met. Case-Laws GST Fri, 13 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=787110