The Hon’ble High Court of Madhya Pradesh in the matter of M/s Dhara Enterprises v. Appellate Authority & Joint Commissioner [Writ Petition No.27676 of 2019 dated May 12, 2022] has upheld the order passed by the Revenue Department imposing the tax liability on the assessee is valid on the ground that the assessee was well aware with the transaction alleged as ineligible on which the benefit of Input Tax Credit (“ITC”) was availed by him.
Source: a2ztaxcorp.com
Latest Posts in "India"
- Goa Notifies VAT Amendment Act 2026: Strengthens Composition Scheme, Settlement, and Refund Procedures
- GST Not Applicable on Assignment of Leasehold Rights; Eligible for Refund on Past Payments
- ICAI Releases Revised 2026 Handbook on Cross-Border Transactions, Investments, and International Taxation
- High-Value Transactions Now Automatically Reported to Tax Authorities, Even If Not Disclosed in ITR
- GST Compliance for CFOs: Strategic Risk Mitigation and Operational Efficiency in Indian Enterprises














