Judgement

GST to be computed per set, not multi-pack, ensuring correct rate application.

AAAR Upholds 5% GST on Pyjama Sets; Value to be Determined Per Set, Not Per Multi-Pack

The Supreme Court denies the set-off of amalgamating company losses, citing the absence of a statutory provision under state law.

No Set-Off of Pre-Amalgamation Losses Without Statutory Provision, Rules SC

AAAR upholds geomembranes' classification as textile products under HSN 5911, rejecting the plastic category argument.

Geomembranes Treated as Textile Products Despite HDPE Composition, Rules AAAR

The ITAT reduced a Rs 1.47 crore addition to Rs 10 lakh to prevent double taxation and held that Section 115BBE was inapplicable, directing taxation under normal provisions.

ITAT Curbs Rs 1.47 Cr Addition to Rs 10 Lakh, Rejects 115BBE Applicability to Avoid Double Taxation

The Tribunal held that if accumulated income is not used within 5 years, it is treated as income for the year in which it is not utilised, and the same becomes taxable under Section 11(3) of the Income Tax Act.

Unutilised Accumulated Funds of State Examination Board Become Taxable if Not Used Within 5 Years: ITAT

High Court rules pigmy agents are employees; GST not applicable on commission under reverse charge

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AAAR Upholds 5% GST on Pyjama Sets; Value to be Determined Per Set, Not Per Multi-Pack

No Set-Off of Pre-Amalgamation Losses Without Statutory Provision, Rules SC

Geomembranes Treated as Textile Products Despite HDPE Composition, Rules AAAR

ITAT Curbs Rs 1.47 Cr Addition to Rs 10 Lakh, Rejects 115BBE Applicability to Avoid Double Taxation

Unutilised Accumulated Funds of State Examination Board Become Taxable if Not Used Within 5 Years: ITAT

HC: No GST on Commission Paid to Pigmy Agents