Delhi HC confirmed CESTAT’s order on Commissioner of Customs vs Bergen Engines India Pvt Ltd case. HC finds no justifiable reasons for delay in filing appeal after defect notice.
Madhya Pradesh HC Court clarified that Section 74 of GST Act requires Revenue to ensure that a Show Cause Notice must contain adequate information to enable assessee to respond in Balaji Electricals Vs Appellate Authority & Joint Commissioner State Tax.
Madras High Court in the case of Ocean Sky Impex Pvt Ltd Vs Commissioner of Customs related to provisional release of seized goods granted petitioner an opportunity for a personal hearing.
Versatile Wires Limited Vs Commissioner of CGST & CX – CESTAT Kolkata, ruled out penalty u/s 11AC due to lack of evidence of fraud, collusion, willful misstatement, or contravention of CENVAT Credit Rules
ITAT Delhi quashed revisional order in Havells India Limited Vs PCIT case due to unfulfilled prerequisites for invoking Section 263 of IT Act.
Allahabad HC held that Indian made foreign liquor isn’t included in Reversed Entry Act of 2007, leading to nullification of entry tax demand on United Spirits Limited
Recent ruling by Rajasthan High Court on applicability of reduced stamp duty to lease deeds where rent is fixed and no premium is paid or delivered in the case State of Rajasthan Vs Indus Tower Ltd.
MCA imposes penalty on Ringming Hotels And Restaurants Private Limited for violating section 118 of Companies Act, 2013. Company failed to hold board meetings and annual general meetings, resulting in penalties. Get insights into the order and its implications.
In the case of Navyug Cotton Company vs. ITO, ITAT Pune held that deduction for claimed bad debts can be allowed based on write-off, thereby eliminating the requirement to prove that debt actually became irrecoverable
Infres Methodex Private Limited Vs ACIT – Delhi High Court allows a 20% adjustment of refund against Income Tax demand
