SVLDR Scheme Applies to any SCNs for Penalty/Late Fee Regardless of Adjudication or Appeal: Gujarat HC rules in Favour of UltraTech [Read Order]
In a ruling in favour of UltraTech Cements, the Gujarat High Court has held that Sabka Vishwas ( Legacy Dispute Resolution ) Scheme, 2019 ( SVLDRS )...
![S. 68 of Income Tax Act not Invokable in absence of unexplained Amount in Bank Statement: Gujarat HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/Income-Tax-Gujarat-High-Court-Income-Tax-Act-Section-68-of-Income-Tax-Act-TAXSCAN.jpg "S. 68 of Income Tax Act not Invokable in absence of unexplained Amount in Bank Statement: Gujarat HC [Read Order]")
![Credit Cannot Be Blocked In Electronic Credit Ledger in Absence of Availability of Sufficient Balance: Gujarat HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/Gujarat-Hih-Court-Electronic-Credit-Ledger-Credit-Cannot-Be-Blocked-Insufficient-funds-in-ledger-Credit-blocking-without-sufficient-balance-taxscan.jpg "Credit Cannot Be Blocked In Electronic Credit Ledger in Absence of Availability of Sufficient Balance: Gujarat HC [Read Order]")
![Assessee Not Required To Produce Documents When AO Accepted Co-Owner’s Indexed Renovation Expenses in Income Tax Assessment order: Gujarat HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/Income-Tax-Gujarat-High-Court-Income-Tax-Assessment-order-Indexed-Renovation-Expenses-taxscan.jpg "Assessee Not Required To Produce Documents When AO Accepted Co-Owner’s Indexed Renovation Expenses in Income Tax Assessment order: Gujarat HC [Read Order]")
12% GST Applicable on Geo Membrane for Waterproof Lining Fabrics: Gujarat HC allows Refund of Excess GST Paid [Read Order]
In a recent case, the Gujarat High Court has ruled that 12% Goods and Service Tax ( GST ) applicable on geo membrane for waterproof lining fabrics and allowed the refund of the excess 6% GST paid by...
![12% GST Applicable on Geo Membrane for Waterproof Lining Fabrics: Gujarat HC allows Refund of Excess GST Paid [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/GST-Applicable-Gujarat-High-Court-Gujarat-HC-GST-Waterproof-Lining-Fabrics-Goods-and-Service-Tax-High-Court-News-HC-News-taxscan.jpeg "12% GST Applicable on Geo Membrane for Waterproof Lining Fabrics: Gujarat HC allows Refund of Excess GST Paid [Read Order]")
AO has Power to Reassess only on Material Evidence: Gujarat HC dismisses Income Tax Dept’s Appeal [Read Order]
The Gujarat High Court dismissed the appeal of the income tax department citing the Assessing Officer has no power to review, has power to reassess only on tangible material evidence. ...
![AO has Power to Reassess only on Material Evidence: Gujarat HC dismisses Income Tax Dept’s Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/07/site-img-17-1.jpg "AO has Power to Reassess only on Material Evidence: Gujarat HC dismisses Income Tax Dept’s Appeal [Read Order]")
Gujarat HC allows Capital Gain Deduction With Seized Evidence, Reverses Interim Settlement Board’s Decision [Read Order]
Capital Gain deduction under Section 54 of Income Tax Act was provided by the Gujarat High Court based on seized evidence despite non-disclosure of cash transactions. The court reversed the decision...
Gujarat HC allows Income Tax Deduction for Payment made to Clear Mortgage, dismisses Revenue’s Appeal u/s 263 [Read Order]
The Gujarat High Court has upheld the decision of the Income Tax Appellate Tribunal ( ITAT ) to allow income tax deduction for payment made to clear a mortgage, dismissing the appeal filed by the...
![Gujarat HC allows Income Tax Deduction for Payment made to Clear Mortgage, dismisses Revenue’s Appeal u/s 263 [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/07/Income-Tax-Gujarat-High-Court-Gujarat-HC-Income-Tax-Deduction-Income-Tax-TAXSCAN.jpg "Gujarat HC allows Income Tax Deduction for Payment made to Clear Mortgage, dismisses Revenue’s Appeal u/s 263 [Read Order]")
Relief to Alembic Ltd: Gujarat HC allows Rs. 4 cr Income Tax Deduction u/s 80IA for Captive Power Plant [Read Order]
In a recent ruling, the Gujarat High Court allowed an income tax deduction of Rs. 4 crores under Section 80IA for the captive power plant of M/s Alembic Ltd. at Baroda. The court upheld the decision...
![Relief to Alembic Ltd: Gujarat HC allows Rs. 4 cr Income Tax Deduction u/s 80IA for Captive Power Plant [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/07/Income-Tax-ITAT-Income-Tax-Deduction-Income-Tax-Appellate-Tribunal-Gujarat-High-Court-TAXSCAN.jpg "Relief to Alembic Ltd: Gujarat HC allows Rs. 4 cr Income Tax Deduction u/s 80IA for Captive Power Plant [Read Order]")
Second Extension of GST Notice Time Limit in 2023 under Challenge for violation of S. 168A, Gujarat HC issues Notice [Read Order]
In a significant development, the Gujarat High Court, presided over by Justice Bhargav D. Karia and Justice Niral R. Mehta, raised pertinent queries regarding the extension of the show-cause-notice...
![Second Extension of GST Notice Time Limit in 2023 under Challenge for violation of S. 168A, Gujarat HC issues Notice [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/GST-Notice-Gujarat-HC-Gujarat-HC-issues-Notice-Second-Extension-of-GST-Notice-GST-taxscan.jpg "Second Extension of GST Notice Time Limit in 2023 under Challenge for violation of S. 168A, Gujarat HC issues Notice [Read Order]")