No need to reverse ITC by buyer in case of receipt of Financial Credit Notes i.e., Credit notes without GST.
Transfer under section 2(47)(v)–Assessee having entered into joint development agreement as regards his property
Whether interest is chargeable on gross tax liability or on net tax liability after set-off of input tax credit?
Gujarat HC in case of Anilukmar Gopikishan Agrawal rules that the 2015 amendment to Sec. 153C is prospective and not retrospective
Anti-Profiteering clause & Charging more price than what could have been charged by issuing wrong tax invoices vs. Constitutional validity thereof
In absence of any investigation, much less gathering of evidence by the AO, an addition cannot be sustained merely based on inferences drawn by circumstance.
Validity of detention of Vehicle with goods Goods being transported under an invoice and e-way bill bearing a valid GSTN
Invocation of rule 8D without recording satisfaction as to non-correctness of assessee’s claim of suo motu disallowance under section 14A is contravention of mandate laid down under section 14A(2)
Addition made under section 68 could not be sustained if no opportunity had been allowed to assessee to cross-examine alleged entry operators.
