Posted inBlog
Karnataka High Court Rules Omitted GST Rule 96(10) Cannot Support Pending Notices
Karnataka High Court quashes GST show cause notice against Shilpa Medicare, ruling that an omitted Rule 96(10) cannot sustain pending proceedings.
Posted inBlog
ITAT Mumbai Rules Unexplained Cash Deposit Cannot Justify Section 271D Penalty
ITAT Mumbai upholds deletion of a Rs 72.89 lakh Section 271D penalty, ruling that cash deposits alone do not prove Section 269SS violations.
Posted inBlog
Gujarat High Court Rules Public Company Directors Immune to Section 179 Recovery Without Statutory Findings
Gujarat High Court quashes Section 179 income tax recovery against a public company director, emphasizing statutory findings and rejecting shareholding shifts.
Posted inBlog
Delhi High Court Rules Section 148 Notice on Previously Assessed Income Illegal
Delhi High Court declares Section 148 income tax notices for previously assessed transactions void and issued without legal jurisdiction.
Posted inBlog
Supreme Court Rules on SEBI Regulation 10 and Acquirer PAC Holdings
Supreme Court upholds SAT decision on SEBI Regulation 10 regarding combined acquirer and PAC holdings, dismissing market regulator appeals.
Posted inBlog
Bombay High Court Rules Unclaimed Statutory CENVAT Dues Are Extinguished Under IBC
The Bombay High Court confirms that statutory CENVAT dues omitted from an approved resolution plan under the IBC stand extinguished and orders refunds.
Posted inBlog
ITAT Delhi Rules PCIT Cannot Revise Bogus Purchase Addition When Two Views Exist
Discover the ITAT Delhi ruling stating the PCIT cannot revise bogus purchase additions under Section 263 when two plausible views exist.
Posted inBlog
NCLAT Delhi Rules Unrelated Criminal Disputes Cannot Block Operational Debt Claims
NCLAT Delhi clarifies that pre-existing disputes must directly relate to operational debt, preventing unrelated criminal allegations from defeating employee claims.
Posted inBlog
Notice Pay and Hotel Cancellation Charges Are Not Taxable Service CESTAT Delhi
CESTAT Delhi rules that notice pay and hotel cancellation or no-show retention charges do not qualify as taxable declared services under Section 66E(e).
Posted inBlog
ITAT Rajkot Restores Rs 4.30 Crore Section 69A Addition for Fresh Adjudication
ITAT Rajkot remands a Rs 4.30 crore Section 69A income tax addition and penalty back to CIT(A) for fresh adjudication after merits were left undecided.