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Archive: 09 February 2024

Posts in 09 February 2024

ITAT Deletes Hasty Addition made by AO, Citing Lack of Due Diligence

February 9, 2024 690 Views 0 comment Print

Kolkata ITAT deletes additions made without examining nature of expenditure, criticizing AO’s careless attitude. Full text of the order available.

Kerala HC Dismisses Writ on GST Transitional Credit, Cites Appeal Remedy

February 9, 2024 393 Views 0 comment Print

Kerala High Court dismisses writ petition of Metalex Agencies on transitional credit claim under GST Act, citing availability of statutory appeal remedy.

GST SCN issued beyond Period of Limitation u/s 73 of Finance Act: Delhi HC allows Withdrawal of Petition

February 9, 2024 1671 Views 0 comment Print

Delhi High Court allows withdrawal of petition in I And S Communique Pvt Ltd vs Commissioner of CGST case due to show cause notice issued beyond the period of limitation.

SC upholds order quashing section 148 notice issued after time lapse of 16 years

February 9, 2024 1110 Views 0 comment Print

Supreme Court dismisses SLP challenging Delhi HC’s order quashing notice issued under section 148 of Income Tax Act after 16 years, citing low tax effect.

HC directs AO to Share Support Materials for GST Registration Cancellation Notice

February 9, 2024 483 Views 0 comment Print

Delhi High Court directs provision of materials supporting Show Cause Notice for GST registration cancellation in P.N. Global Traders case.

NCLT lacks authority to declare assessment order as void under IBC: Kerala HC

February 9, 2024 609 Views 0 comment Print

Kerala High Court reverses NCLT’s order declaring a tax assessment void in Deputy Commissioner vs NCLT case. Detailed analysis and implications provided.

Corporate Grouping Notice: Mandatory Disclosure Changes – BSE Circular

February 9, 2024 837 Views 0 comment Print

Stay compliant with BSE’s corporate grouping notice. Learn about disclosure changes for listed companies. Details on criteria and submission process included.

Tendency to Implicate Accused’s Family for Personal Vendettas: MP HC

February 9, 2024 1275 Views 0 comment Print

In a landmark judgment, Indore Bench of Madhya Pradesh HC quashed criminal proceedings against accused’s family for personal vendettas. Learn more about this critical issue here!

GST DRC-01 passed without considering reply: HC Set-aside the SCN

February 9, 2024 4323 Views 0 comment Print

Calcutta High Court sets aside GST DRC-01 for Eden Real Estates, citing violation of natural justice. The case emphasizes fair hearing rights.

Sovereign Gold Bond 2023-24 Series IV: Pricing & Subscription Info

February 9, 2024 3792 Views 0 comment Print

Get all details on Sovereign Gold Bond Scheme 2023-24 Series IV, including subscription dates, issue price, and online discount. Subscribe between Feb 12-16, 2024!

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