![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]")
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...
![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]")
![Failure of GST Appellate Authority to Exercise Power to condone Appeal beyond Time Limit: Calcutta HC remands GST Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/Failure-GST-Appellate-Authority-condone-Appeal-Calcutta-HC-GST-Appeal-taxscan.jpg "Failure of GST Appellate Authority to Exercise Power to condone Appeal beyond Time Limit: Calcutta HC remands GST Appeal [Read Order]")
Reversal of excess ITC availed under WGST Act: Calcutta HC sets aside Order confirming Penalty [Read Order]
The Calcutta High Court set aside the order confirming penalty Reversal of Income Tax Credit (ITC) availed under West Bengal Goods and Services Tax Act, 2017 (WBGST Act). Suncraft Energy Private...
![Reversal of excess ITC availed under WGST Act: Calcutta HC sets aside Order confirming Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/calcutta-hc-WGST-Act-Income-Tax-Credit-Penalty-TAXSCAN.jpg "Reversal of excess ITC availed under WGST Act: Calcutta HC sets aside Order confirming Penalty [Read Order]")
Supreme Court upholds Calcutta HC Verdict granting GST ITC in-spite of GSTR 2A - 3B Mismatch to Purchaser except in Exceptional Cases [Read Judgement]
A Two-Judge Bench of the Supreme Court has upheld the Calcutta High Court judgment, rejecting the department’s appeal against the Calcutta High Court decision in Suncraft Energy Private Limited Case,...
![Supreme Court upholds Calcutta HC Verdict granting GST ITC in-spite of GSTR 2A - 3B Mismatch to Purchaser except in Exceptional Cases [Read Judgement]](https://www.taxscan.in/wp-content/uploads/2023/12/Supreme-Court-SC-Calcutta-HC-input-tax-credit-Mismatch-to-Purchaser-gst-itc-gstr-TAXSCAN.jpg "Supreme Court upholds Calcutta HC Verdict granting GST ITC in-spite of GSTR 2A - 3B Mismatch to Purchaser except in Exceptional Cases [Read Judgement]")
Opinion of Income Tax Dept not Tangible Material for Reopening Assessment: Calcutta HC quashes Reassessment [Read Order]
The Calcutta High Court quashed reassessment proceedings and observed that the opinion of Income Tax Department not tangible material for reopening assessment. The appellant, Dinesh Kumar Goyal...
![Opinion of Income Tax Dept not Tangible Material for Reopening Assessment: Calcutta HC quashes Reassessment [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/Calcutta-HC-Reopening-Assessment-Tangible-Material-taxscan.jpg "Opinion of Income Tax Dept not Tangible Material for Reopening Assessment: Calcutta HC quashes Reassessment [Read Order]")
![Writ Petition cannot be Entertained when Assessment Order is Appealable: Calcutta HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Writ-Petition-Writ-Petition-cannot-be-Entertained-Writ-Petition-cannot-be-Entertained-when-Assessment-Order-is-Appealable-taxscan.jpg "Writ Petition cannot be Entertained when Assessment Order is Appealable: Calcutta HC [Read Order]")
GST Dept and Anti-Fraud Dept of Police cannot send Notices to Advocates of Alleged Tax Evaders: Calcutta HC Issues Directions
In a recent ruling, the bench of Chief Justice T.S. Sivagnanam and Justice Hiranmay Bhattacharyya of Calcutta High Court ruled that the Goods and Services Department (GST) or Anti-Fraud Dept of...
Appellate Authority cannot Travel Beyond Allegation of Show Cause Notice: Calcutta HC orders to Consider Submissions on ITC Filing [Read Order]
A division Bench of the Calcutta High Court ordered the Original Authority to consider submissions on Input Tax Credit (ITC) filing and observed that an Appellate authority cannot travel beyond...
![Appellate Authority cannot Travel Beyond Allegation of Show Cause Notice: Calcutta HC orders to Consider Submissions on ITC Filing [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Appellate-Authority-cannot-Travel-Beyond-Allegation-of-Show-Cause-Notice-Calcutta-High-Court-Calcutta-High-Court-orders-to-Consider-Submissions-on-ITC-Filing-Taxscan.jpg "Appellate Authority cannot Travel Beyond Allegation of Show Cause Notice: Calcutta HC orders to Consider Submissions on ITC Filing [Read Order]")