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M/s Bitumon Corporation India Pvt. Ltd. vs State of Andhra Pradesh & Others – Andhra Pradesh High Court Holds GST Detention and Penalty Disputes Under Section 129 Must Be Challenged Through Statutory Appeal Under Section 107 of the CGST Act, 2017
Facts of the Case
The
petitioner, M/s Bitumon Corporation India Pvt. Ltd., is engaged in
the business of importing and supplying bitumen products across India.
A
consignment of Bitumen Grade VG-30 w...
M/s Nippon Engineering Corporation, Faridabad vs Union of India & Others – Punjab & Haryana High Court Upholds Supreme Court's Filco Trade Centre Directions Allowing Fresh/Revised TRAN-1 & TRAN-2 Filing for Transitional Input Tax Credit (ITC) under Section 140 of the CGST Act, 2017
Facts of the CaseThe petitioner, M/s Nippon Engineering Corporation,
Faridabad, had approached the Punjab & Haryana High Court seeking
relief regarding the filing of TRAN-1/TRAN-2 forms for claiming Transitional
I...
Bindu Bhusan Banik vs Union of India & Others – Gauhati High Court Permits Withdrawal of GST Writ Petition with Liberty to File Fresh Petition | Article 226 of the Constitution of India
Facts of the CaseThe petitioner, Bindu Bhusan Banik, Proprietor of M/s. Bindu
Bhusan Banik, instituted a writ petition before the Gauhati High Court under
Article 226 of the Constitution of India challenging the action...
Subhojit Kumar Roy vs State represented by the Inspector of Police, Cyber Crime Police Station, Thoothukudi – Bail Rejected in Fake Bharat Petroleum Dealership Website Fraud Case under Section 439 CrPC
Facts of the CaseThe petitioner, Subhojit Kumar Roy (Accused No.1),
filed a bail petition under Section 439 of the Code of Criminal Procedure,
1973, after being arrested in connection with Crime No.14 of 2022
register...
Set-Off and Carry Forward of Losses under Income from Other Sources
Set-Off and Carry Forward of Losses under
Income from Other SourcesRelevant Provision: Section
108
1. General Rule — Intra-Head and Inter-Head
Set-OffA loss
computed under Income from Other Sources (e.g., a ...
Clubbing of Income (Spouse & Minor Child) as Applicable to Other Sources
Clubbing of Income (Spouse
& Minor Child) as Applicable to Other SourcesRelevant Provision: Section
99
1. Why Clubbing Matters HereA common
tax-planning instinct is to transfer money or income-generating assets...
Deemed Income — Unexplained Credits, Investments, Money & Expenditure
Deemed Income — Unexplained Credits,
Investments, Money & ExpenditureRelevant Provision: Sections
102 to 106
Meta Description:
1. Why These Sections MatterSections
102–106 are the most litigated co...
Taxation of Gifts — Money & Property Received Without Consideration
Taxation of Gifts — Money &
Property Received Without ConsiderationRelevant Provision: Section
92(2)(m)
1. The Charging Provision — Three
CategoriesSection
92(2)(m) taxes gifts received by any person in th...
Deductions Allowed & Amounts Expressly Disallowed
Deductions Allowed & Amounts Expressly
DisallowedRelevant Provision: Section
93 and Section 941. Section 93 — What CAN Be Deducted
Income Type
Allowable Deduction
...
Letting Out of Machinery, Plant & Furniture
Letting Out of Machinery, Plant
& FurnitureRelevant Provision: Section
92(2)(f) and (g)
1. The Two Charging ClausesSection
92(2)(f) covers income from machinery, plant or furniture belonging to the
assessee an...