![No penalty attracted u/s 269SS and 269TT of Income Tax Act on Share Application Money or Repayment: Calcutta HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/Calcutta-High-Court-Income-Tax-Act-Section-269SS-269TT-of-the-Income-Tax-Act-tax-news-Taxscan.jpg "No penalty attracted u/s 269SS and 269TT of Income Tax Act on Share Application Money or Repayment: Calcutta HC [Read Order]")
No penalty attracted u/s 269SS and 269TT of Income Tax Act on Share Application Money or Repayment: Calcutta HC [Read Order]
The Calcutta High Court held that no penalty attracted under Section 269SS and 269TT of the Income Tax Act, 1961 on share application money or...
![No Service Tax Liability on Service Recipient for Default of Seller: Calcutta HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/Calcutta-HC-Default-of-Seller-Service-Tax-Chartered-Accountants-taxscan.jpg "No Service Tax Liability on Service Recipient for Default of Seller: Calcutta HC [Read Order]")
Legitimacy of Income Not Established when Investment made from Share Premium Without Noticeable Business Activity: Calcutta HC [Read Order]
The Calcutta High Court observed that the legitimacy of income not established when investment made from share premium without noticeable business activity. The assessee filed the return of income...
![Legitimacy of Income Not Established when Investment made from Share Premium Without Noticeable Business Activity: Calcutta HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/Calcutta-high-court-Business-activity-and-share-premium-investment-business-activities-TAXSCAN.jpg "Legitimacy of Income Not Established when Investment made from Share Premium Without Noticeable Business Activity: Calcutta HC [Read Order]")
![AO cannot Draw Adverse Inference on Non response of Directors to Notices: Calcutta HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/AO-Draw-Adverse-Inference-Non-response-Directors-Notices-Calcutta-HC-taxscan.jpg "AO cannot Draw Adverse Inference on Non response of Directors to Notices: Calcutta HC [Read Order]")
Appellate Authority Empowered to Condone Delay beyond One Month from Prescribed Period of Limitation u/s 107 (4) of WBGST Act: Calcutta HC [Read Order]
The Calcutta High Court recently held that the appellate authority empowered to condone delay beyond one month from prescribed period of limitation under Section 107 (4) of the West Bengal Goods and...
![Appellate Authority Empowered to Condone Delay beyond One Month from Prescribed Period of Limitation u/s 107 (4) of WBGST Act: Calcutta HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/Appellate-Authority-Condone-Delay-beyond-Prescribed-Period-of-Limitation-WBGST-Act-Calcutta-HC-taxscan.jpg "Appellate Authority Empowered to Condone Delay beyond One Month from Prescribed Period of Limitation u/s 107 (4) of WBGST Act: Calcutta HC [Read Order]")
Inducement to Pay Wrongful Gratification for Illegal Appointments: Calcutta HC rejects Bail Application of Kuntal Ghosh [Read Order]
The Calcutta High Court rejected the bail application of Kuntal Ghosh in the matter regarding the inducement to pay wrongful gratification for illegal appointments. The Petitioner is a prominent...
Unreasoned Order cannot be Sustained in Law: Calcutta HC quashes Order of State Tax Commissioner Cancelling GST Registration [Read Order]
The Calcutta High Court quashed order of the State Tax Commissioner cancelling GST registration of proprietorship concern and held that unreasoned order cannot be sustained in law. By means of the...
![Unreasoned Order cannot be Sustained in Law: Calcutta HC quashes Order of State Tax Commissioner Cancelling GST Registration [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/calcutta-high-court-calcutta-high-court-latest-news-GST-Culcatta-high-court-quashed-orders-Taxscan.jpg "Unreasoned Order cannot be Sustained in Law: Calcutta HC quashes Order of State Tax Commissioner Cancelling GST Registration [Read Order]")
Service Recipient Cannot Face Penalty for Seller's Failure to Remit GST to State Treasury unless in Exceptional Circumstances: Calcutta HC [Read Order]
The Calcutta High Court has ruled that the onus of inquiry regarding non-remittance of Goods and Services Tax ( GST ) to the state treasury falls upon the seller, particularly in cases where the...
![Service Recipient Cannot Face Penalty for Sellers Failure to Remit GST to State Treasury unless in Exceptional Circumstances: Calcutta HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/Service-Recipient-Face-Penalty-Sellers-Failure-Remit-GST-State-Treasury-unless-Exceptional-Circumstances-Calcutta-HC-taxscan.jpg "Service Recipient Cannot Face Penalty for Sellers Failure to Remit GST to State Treasury unless in Exceptional Circumstances: Calcutta HC [Read Order]")
GST Dept not Empowered to Compute Penalty Amount on Higher Value than Invoice Value without Proper Evidence: Calcutta HC [Read Order]
The Calcutta High Court held that the GST Department is not empowered to compute penalty amount on higher value than invoice value without proper evidence. The writ petition was filed challenging...
![GST Dept not Empowered to Compute Penalty Amount on Higher Value than Invoice Value without Proper Evidence: Calcutta HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/GST-GST-Penalty-computation-Calcutta-HC-Invoice-Value-without-Evidence-GST-Invoice-taxscan.jpg "GST Dept not Empowered to Compute Penalty Amount on Higher Value than Invoice Value without Proper Evidence: Calcutta HC [Read Order]")