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Archive: 03 March 2024

Posts in 03 March 2024

Kerala HC Upholds Denial of Fraudulent ITC Claims

March 3, 2024 1548 Views 0 comment Print

Kerala High Court dismisses petition against blocking of ITC based on forged invoices, affirming Rule 86A’s conditions under GST Rules, 2017.

NCLAT Rules NCLT Can Decide Trademark Issues in IBC Cases

March 3, 2024 1422 Views 0 comment Print

Gloster Cables claims ownership of the GLOSTER trademark in a dispute with Fort Gloster during insolvency proceedings. Learn about the arguments on jurisdiction, assignment validity, and the impact of the BIFR order.

Rectification under Finance Act 1994 Section 74 Not Equal to Appeal under Section 86

March 3, 2024 3012 Views 0 comment Print

Madras High Court directs Goodearth Maritime to pay 60% of demand under SLVDRS, distinguishing rectification from appeal in tax disputes.

Kerala HC stays Tax Recovery till Income Tax Appeal Disposal

March 3, 2024 1140 Views 0 comment Print

Kerala High Court orders to pause tax recovery proceedings against Wexco Homes Pvt. Ltd. until the disposal of stay petitions or income tax appeals.

Delhi HC Dismisses Mahua Moitra’s Plea on ED Investigation Leak

March 3, 2024 549 Views 0 comment Print

Delhi High Court rejects Mahua Moitra’s writ petition against media reports on ED investigation, upholding principles of public interest and transparency.

Delhi HC Quashes GST Registration Cancellation Notice for Lack of Reasons

March 3, 2024 483 Views 0 comment Print

Delhi High Court sets aside GST registration cancellation notice to Shree Balaji Industries, citing absence of cogent reasons in the show cause notice.

Kerala HC Dismisses Writ Petition for Over 1000 Days Delay in VAT Appeal Filing

March 3, 2024 381 Views 0 comment Print

Kerala High Court rejects a writ petition due to a significant delay in filing a second VAT appeal, emphasizing timely legal proceedings adherence.

Promoters’ intent to provide working capital constitutes financial debt, not operational debt: NCLAT

March 3, 2024 555 Views 0 comment Print

NCLAT clarifies financial debt definition under IBC in Rajeev Kumar Jain vs Uno Minda Limited case, highlighting implications for corporate insolvency.

Kerala HC dismissed review petition on KGST for Bar-Attached Hotels Tax

March 3, 2024 660 Views 0 comment Print

Kerala High Court dismisses review petition, upholds 5% KGST on bar-attached hotels’ turnover. Details on the ruling and its implications explored.

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