Madras High Court: Physical Submission of Reply to GST Notice Deemed Valid; Advocates Personal Hearing for Erroneous Refund Dispute
The court ruled that submitting a reply in the form GST-DRC-06 is not mandatory under Section 73(9), 74(9), and 76(3) of the GST Act. Additionally, the court emphasized that a reply sent through postal means should also be considered valid.
Bombay HC Deems GST Order Illegal Due to Insufficient Response Time to SCN; Calls for Training of Officers
The High Court not only declared the order as erroneous but also directed the tax authorities to donate Rs10,000 to the PM CARES Fund. The court highlighted that the show-cause notice provided only seven days to respond, and the order was passed on the eighth day. Consequently, the court reasoned that the taxpayer could not be held liable for not paying the tax along with interest within 30 days of the notice’s issuance.
Whether medical reason is a valid reason for condoning delay in filing an Appeal before the Appellate Authority?
The recent ruling by the Hon’ble Madras High Court in the matter of M/s. Great Heights Developers LLP v. Additional Commissioner Office of the Commissioner of CGST & Central Excise, Chennai [Writ Petition No. 1324 of 2024 dated February 01, 2024], marks a significant development in the realm of tax law.
High Court Orders Rectification: Correction of ITC from IGST to CGST and SGST in GSTR-3B
In the case of Chukkath Krishnan Praveen vs. State of Kerala, the Kerala High Court has issued a directive instructing tax authorities to entertain rectification requests for errors in GSTR-3B filings.
Not an Emergency Era: High Court Criticizes Income Tax Raids on Lawyer’s Office, Demands Explanation
The High Court has strongly criticized officials from the Income Tax Department for conducting raids on an advocate’s premises without a warrant. The officials seized both digital and physical files of a client and barred the advocate from court for three days.
Department Restricted in Imposing 2-Day Deadline for GST Interest Payment
more reasonable timeframe of 3 months for the assessee to make the payment. If the payment was not completed within this extended period, the revenue authority retained the right to initiate recovery proceedings.
Invoking Article 226 Inadmissible in Absence of Statutory Appeal Under CGST Act
The Patna High Court has clarified that the direct invocation of Article 226 of the Constitution of India is impermissible when a taxpayer neglects to file a statutory appeal under the Central Goods and Service Tax Act (CGST).
Form DRC-03 for ITC Reversal: High Court Mandates Electronic Credit Ledger (ECL) Re-Credit
Form DRC-03 for ITC Reversal: High Court Mandates Electronic Credit Ledger (ECL) Re-Credit
Refusing a refund application for of deficiency without proper communication is impermissible
Refusing a refund application for unutilized Input Tax Credit (ITC) on the grounds of deficiency without proper communication is impermissible by the department.
Banks to Report Large Cash Deposits of ₹2,000 Notes: A Step Towards Ensuring Tax Compliance
In a bid to combat tax evasion and promote transparency in financial transactions, banks in India have been directed to notify the income tax department about significant cash deposits involving ₹2,000 currency notes above a specified threshold. This reporting requirement falls under the statement of financial transactions (SFT) that banks are mandated to submit annually.
About AdvoFin Consulting
We are having experienced professional who can give you the best services in Finance and Insurance
We are a firm of Chartered Accountants offering wide range of professional services under one roof. The firm was established by team of experienced professionals, geographically located all over India. Our presence extends to the financial capital in association with our affiliates.
With our ability to decode and resolve complex issues and proactively engage with clientele, we have positioned ourselves as a one stop shop with several professional service offerings under one roof.
Industries We Serve
- Automotive & Transportation
- Retail & Wholesale
- Insurance
- Hospitality
- Manufacturing
- Law
- Healthcare
- Banking & Finance
- FMCG
- Real Estate