🗓️ Date: July 4, 2025 • ✒️ By Aaerm Law Associates 📌 Key Highlights at a Glance The Delhi High Court in Thales India Private Ltd. v. Assistant Commissioner of…
🔹 Allahabad HC Bars GST Confiscation under Section 130 for Mere Excess Stock — Orders Refund
🗓️ Date: July 4, 2025✒️ By Aaerm Law Associates 📌 Key Takeaways at a Glance The Allahabad High Court, in the landmark case M/s Maa Amila Coal Depot v. State…
📢 Trident Ltd Faces ₹52 Crore GST Show‑Cause Notice Over ITC Discrepancies By Aaerm Law Associates | July 3, 2025
🔍 Overview Trident Ltd has received a formidable show‑cause notice from the CGST Commissionerate in Ludhiana, alleging GST dues of ₹51.87 crore—including interest and penalties—stemming from discrepancies in Input Tax Credit…
🛡️ HC Orders Fresh GST Hearing After Taxpayer’s Email Reply Was Ignored By Aaerm Law Associates | July 3, 2025
🔍 Overview The Hon’ble Madras High Court, in M/s Shree Balaji Enterprises v. JC of GST & CE [W.P. No. 16008 of 2025; dated June 2, 2025], delivered a key ruling on procedural fairness in GST…
📢 Goods Can’t Be Detained Without Tax-Evasion Intent, Allahabad HC Rules By Aaerm Law Associates | July 3, 2025
🔍 Overview The Hon’ble Allahabad High Court, in M/s T.K. Printers v. Additional Commissioner Grade 2 & Anr. [WRIT TAX No. 1486 of 2023; decided May 21, 2025], held that Section 129 of the…
📢 Income Tax Dept Launches ‘TAXASSIST’ Campaign to Support ITR Filing & Notice Compliance By Aaerm Law Associates | July 3, 2025
🔍 Post Overview The Income Tax Department of India has rolled out TAXASSIST, a dedicated support service designed to guide taxpayers through Income Tax Return (ITR) filing, correcting errors, and…
📌 Bombay HC Sets Precedent: Quashes Recovery Notice to Bank—Notice Must Be Issued to Actual Taxpayer with Opportunity to Rebut By Aaerm Law Associates | July 3, 2025
Introduction In a landmark judgment dated June 24, 2025, the Bombay High Court has quashed a recovery notice issued to a bank under Section 79(1)(c) of the Central Goods and Services…
🚨 Supreme Court Upholds Delhi HC Ruling: Negative Balance in ECL Cannot Be Blocked Under Rule 86A of CGST Rules Aaerm Law Associates | July 2, 2025
🔍 Executive Summary The Supreme Court of India has dismissed the Special Leave Petition (SLP) filed by the Deputy Director, Directorate General of GST Intelligence (DGSTI), challenging the Delhi High…
📢 CBDT Notifies “376” as Cost Inflation Index (CII) for FY 2025‑26 | Aaerm Law Associates | July 2, 2025
🧾 Executive Summary The Central Board of Direct Taxes (CBDT) has released Notification No. 70/2025 on July 1, 2025, setting the Cost Inflation Index (CII) for Fiscal Year 2025–26 at 376.…
📢 CBDT Clarity on Waiver of Interest Under Income‑Tax Act Sections 201(1A)(ii)/206C(7) — New Policy Update (Dated: July 2, 2025)
🧾 Background: Revisiting Circular 5/2025 Earlier this year, the CBDT issued Circular No. 5/2025 (March 28, 2025), authorizing certain tax officers to waive interest levied under: Section 201(1A)(ii) – dealing with…