Non-Registration of Gift Deed can’t be considered to be Sham Transaction as Assessee was in Full Possession of Property Sold by a Registered Sale Deed.
Will the taxpayer be entitled to refund under Inverted Duty Structure when tax on input erroneously charged by the Supplier at a higher rate and the buyer charged it at actual lower rate?
Non-issuance of the summary Notices electronically in FORM GST DRC-01 & order in FORM GST DRC-07 on the portal is in clear violation of the explicit provisions of CGST Rules.
Merely because capital gains were not deposited in the capital gains account scheme, exemption U/S 54 cannot be denied, if other conditions are fulfilled: ITAT Delhi
Composite contracts cannot be divided in order to subject a part of the contract to a higher rate of TDS.
Purchasers ITC cannot be denied just because suppliers have not paid the tax – SLP filed in the case of Suncraft Energy Pvt. Ltd dismissed by the Supreme Court
Absence of reply from the creditors do not entitle the Assessing Officer to treat the creditors as bogus without bringing any evidence
