examined uphold later reasons assesee money insurance law levy death intervene itc sold registered revisional machinery rtgs court circumstances business high jurisdiction invoices date private state hc sale deceased order

Articles for Upvat

S.2(e) UPVAT | Plant, Machinery Sold After Closure Of Business Are Capital Goods, Excluded From Levy Of Tax: Allahabad High Court
7 months ago

S.2(e) UPVAT | Plant, Machinery Sold After Closure Of Business Are Capital Goods, Excluded From Levy Of Tax: Allahabad High Court

Live Law  

The Allahabad High Court has held that plant and machinery sold after the closure of business are capital goods under Section 2 of the Uttar Pradesh Value Added Tax Act, 2008 and are excluded from levy of tax under the amended definition of 'business' under Section 2 of the Act. The definition of 'business' under Section 2 of the Uttar …

Business High Court Tax Sale Capital Capital Goods Tribunal
UPVAT | Computation Of Correct ITC Be Examined By Assessing Authority Not Later Than Stage Of Making Regular Assessment Order: Allahabad High Court
7 months, 1 week ago

UPVAT | Computation Of Correct ITC Be Examined By Assessing Authority Not Later Than Stage Of Making Regular Assessment Order: Allahabad High Court

Live Law  

The Allahabad High Court has held that computation of correct input tax credit can only be done till the passing of the regular assessment order by the Assessing Authority and not at a later stage. Section 29 of the UPVAT Act empowers the Assessing Authority to initiate reassessment proceedings against an assesee if there is “reason to believe” that whole …

Tax Court Reassessment Assessment Order Held Proceedings
Allahabad High Court Monthly Tax Digest: April 2024
7 months, 2 weeks ago

Allahabad High Court Monthly Tax Digest: April 2024

Live Law  

INDEX M/S United Spirits Limited v. State Of U.P. S.16 UPVAT Act | Invoices, RTGS Details Not Sufficient For Deciding ITC Claim, Transportation Details Must Be Produced: Allahabad High Court Case Title: Commissioner, Commercial Tax v. S/S Soma Enterprises Ltd Case Citation: 2024 LiveLaw 225 Placing reliance on the judgment of the Supreme Court in State of Karnataka vs. M/s …

Supreme Court Tax Court 2024 Tribunal Held High
Allahabad High Court Weekly Round-Up April 8 - April 14, 2024
8 months, 1 week ago

Allahabad High Court Weekly Round-Up April 8 - April 14, 2024

Live Law  

NOMINAL INDEX M/S United Spirits Limited v. State Of U.P. S.16 UPVAT Act | Invoices, RTGS Details Not Sufficient For Deciding ITC Claim, Transportation Details Must Be Produced: Allahabad High Court Case Title: Commissioner, Commercial Tax v. S/S Soma Enterprises Ltd. Case citation: 2024 LiveLaw 225 Placing reliance on the judgment of the Supreme Court in State of Karnataka vs. …

Court Uttar Pradesh Compassionate Appointment Indian 2024 Held High
S.16 UPVAT Act | Invoices, RTGS Details Not Sufficient For Deciding ITC Claim, Transportation Details Must Be Produced: Allahabad High Court
8 months, 2 weeks ago

S.16 UPVAT Act | Invoices, RTGS Details Not Sufficient For Deciding ITC Claim, Transportation Details Must Be Produced: Allahabad High Court

Live Law  

Placing reliance on the judgment of the Supreme Court in State of Karnataka vs. M/s Ecom Gill Coffee Trading Private Limited, the Allahabad High Court has held that input tax credit cannot be granted based solely on invoices and RTGS payment details. While dealing with Section 70 of the Karnataka Value Added Tax Act, 2003 the Supreme Court in M/s …

Tax Court Payment Tribunal Held Department Itc
S.58 UPVAT | In Revisional Jurisdiction, HC Must Uphold Sanctity Of Judgments/Orders, Must Intervene Only When There Are Compelling Reasons: Allahabad HC
8 months, 2 weeks ago

S.58 UPVAT | In Revisional Jurisdiction, HC Must Uphold Sanctity Of Judgments/Orders, Must Intervene Only When There Are Compelling Reasons: Allahabad HC

Live Law  

While elaborating the difference between 'appeal' and 'revision', the Allahabad High Court has held that in exercise of its revisional jurisdiction, the High court must uphold the sanctity of judgments and orders and intervene only when there are compelling reasons to do so. and others where the Allahabad High Court held that exercise of appellate jurisdiction involves both appreciation of …

Law Jurisdiction Tax Court Order Revision Tribunal
UPVAT | Exemption/Concession Form Not Produced During Assessment Due To Unavoidable Circumstances, Can Be Considered By Tribunal: Allahabad HC
1 year, 1 month ago

UPVAT | Exemption/Concession Form Not Produced During Assessment Due To Unavoidable Circumstances, Can Be Considered By Tribunal: Allahabad HC

Live Law  

The Allahabad High Court has held that if a form through which exemption/concession has been claimed under the Uttar Pradesh Value Added Tax Act, 2008 could not be produced at the time of assessment due to unavoidable circumstances, the same can be produced before the Tribunal. The bench comprising of Justice Piyush Agrawal held, “The transaction already claimed by the …

Tax Court Order Tribunal Form Forms Produced
UPVAT Act | Family Entitled To Insurance Money Under Group Insurance Policy If Registration Valid On Date Of Death Of Registered Dealer: Allahabad HC
1 year, 1 month ago

UPVAT Act | Family Entitled To Insurance Money Under Group Insurance Policy If Registration Valid On Date Of Death Of Registered Dealer: Allahabad HC

Live Law  

The Allahabad High Court held that if registration under the Uttar Pradesh Value Added Tax Act, 2008 was subsisting on the day of his death, his family would be entitled to insurance claim under the Group Insurance Policy. The bench comprising of Justices Saumitra Dayal Singh and Surendra Singh-I held “If the deceased held a registration certificate prior to the …

Insurance Death Court Registration State Date Registered