MODVAT Credit Exclusion from Value of Capital Goods: Allahabad HC dismisses Revision Petition against Tata Steel Ltd for Inconsistent Grounds [Read Order]
A Single Bench of the Allahabad High Court has dismissed a revision petition filed against Tata Steel Limited, with respect to exclusion of MODVAT...
![Income Tax Reassessment can be Exercise only on Fit Case: Allahabad HC sets aside Order Passed u/s 148A [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/site-img-6.jpg "Income Tax Reassessment can be Exercise only on Fit Case: Allahabad HC sets aside Order Passed u/s 148A [Read Order]")
![No VAT payable on Franchise Agreement Granted with Non-Exclusive License: Allahabad HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/Allahabad-High-Court-Franchise-Agreement-VAT-VAT-on-Franchise-Agreement-taxscan.jpg "No VAT payable on Franchise Agreement Granted with Non-Exclusive License: Allahabad HC [Read Order]")
![Penalty under Customs Act not Imposable on ODC for Reaching Earlier than Estimated Time: Allahabad HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/Customs-Act-Over-Dimensional-Cargo-High-speed-cargo-cargo-penalty-taxscan.jpg "Penalty under Customs Act not Imposable on ODC for Reaching Earlier than Estimated Time: Allahabad HC [Read Order]")
GST Authorities not estopped from taking action against Wrongful Claim of ITC Based on Non-Existent Firms: Allahabad HC [Read Order]
The Allahabad High Court has held that the Goods and Services Tax ( GST ) authorities are not estopped from taking action against the wrongful claim of Input Tax Credit ( ITC ) merely because the...
![GST Authorities not estopped from taking action against Wrongful Claim of ITC Based on Non-Existent Firms: Allahabad HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/GST-Wrongful-Claim-of-ITC-ITC-Claim-Allahabad-High-Court-taxscan.jpg "GST Authorities not estopped from taking action against Wrongful Claim of ITC Based on Non-Existent Firms: Allahabad HC [Read Order]")
Period of Limitation prescribed in Special Statutes Prevails over Limitations Act: Allahabad HC [Read Order]
In a recent case, the Allahabad High Court has held that the limitations prescribed under special statutes, such as the Finance Act, 1994 will prevail over the limitations mentioned in the Limitation...
Allahabad HC imposes costs of Rs 50k for Filing False Affidavits before Revenue Authority to get Widow's Property [Read Order]
The Allahabad High Court imposed costs of Rs 50,000 for filing false affidavits before revenue authority to get widow's property. The counsels for the parties stated that it would not be necessary...
AO cannot alter Gross Profit Rate applied by Assessee without objecting to Books of Accounts under Income Tax Act: Allahabad HC [Read Order]
In a recent case, the Allahabad High Court has held that under Income Tax Act, 1961, the Assessing Officer ( AO ) cannot change Gross Profit Rate applied by the assesee once the acceptance of books...
![AO cannot alter Gross Profit Rate applied by Assessee without objecting to Books of Accounts under Income Tax Act: Allahabad HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/AO-Alter-Gross-Profit-Rate-Applied-Assessee-Objecting-Books-of-Accounts-Income-Tax-Act-Allahabad-HC-taxscan.jpg "AO cannot alter Gross Profit Rate applied by Assessee without objecting to Books of Accounts under Income Tax Act: Allahabad HC [Read Order]")
Allahabad HC warns of Disciplinary Action and Heavy Costs on GST Officers for Denying Hearing Opportunity [Read Order]
The Allahabad High Court has warned the Commissioner, Commercial Tax, Uttar Pradesh of disciplinary action and heavy costs on the Goods and Services Tax ( GST ) officials who denied the opportunity...
Benami Transaction cannot be proved without Supporting Material along With Statement of Contractor: Allahabad HC Quashes Benami Transaction Proceedings [Read Order]
The Allahabad High Court has held that mere statement of the contractor doing construction work cannot be relied upon to declare such construction as benami transaction under the Prohibition of...
