The court held that solar power system supplies must follow the statutory 70:30 valuation mechanism, rejecting full 18% ...

The court held that tax determination must follow Sections 73 or 74 and cannot be replaced by Section 130 proceedings. It found the action legally unsustainable. The ruling reinforces procedural ...

The consultation paper proposes allowing OBPPs to offer products regulated by IFSCA. It aligns with broader efforts to enhance cross-border investment opportunities. The proposal also ensures ...

The Court found that the authority acted solely on a recommendation without independent evaluation. It ruled that such action ...

The issue involved alleged failure to pass on input tax credit benefits. The Court set aside the order and remanded the matter for fresh factual determination by the ...

The issue concerned whether the tribunal acted beyond the High Court’s earlier remand directions. The Court granted interim protection and restrained coercive action pending further ...

The court held that initiating proceedings under the penalty provision for alleged excess stock discovered during a survey was improper. It ruled that such cases must be dealt with under assessment ...

The Tribunal held that delayed submission of required certificates constituted a procedural lapse without intent to evade duty. It reduced penalties and redemption fine. The ruling emphasizes leniency ...

The Tribunal held that lack of inquiry into a large receipt justified revision under Section 263. It found the assessment erroneous and prejudicial to revenue. The ruling reinforces duty of proper ...

The Court held that affiliation and NOC issuance by universities are statutory duties, not business activities. Therefore, ...

The issue concerns taxing goods based on retail price instead of actual transaction value. It highlights that such valuation lacks nexus with supply and may violate constitutional principles governing ...

The case involved non-disclosure of overlapping interests between contractor and resolution applicant. The authority held that lack of transparency compromised the process and imposed a three-year ...