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Archive: 16 March 2024

Posts in 16 March 2024

Addition u/s 69 deleted as receipt of cold storage rent in cash not reason to doubt genuineness: ITAT Delhi

March 16, 2024 993 Views 0 comment Print

ITAT Delhi held that genuineness and veracity of the party cannot be doubted merely because the cold storage rent was received in cash. Accordingly, addition u/s. 69 of the Income Tax Act towards unexplained investment unjustified.

Rajasthan HC Grants Bail in Alleged GST Fraud Case of Rs. 11.30 Crores

March 16, 2024 837 Views 0 comment Print

Saurabh Jindal & Yashik Jindal Vs Union Of India (Rajasthan High Court) In a significant legal development, the Rajasthan High Court has granted bail to Saurabh Jindal and Yashik Jindal in connection with a case involving an alleged GST fraud amounting to Rs. 11.30 crores. The bail applications were filed under Section 439 of the […]

Babulal Qazi vs. Union of India: Rajasthan HC Grants Bail in Custom Act Case

March 16, 2024 390 Views 0 comment Print

Explore the detailed analysis of the judgment in Babulal Qazi vs Union of India by Rajasthan High Court. Learn about the legal intricacies and implications of the bail granted under Section 439 Cr.P.C.

Rs. 88.33 Crores GST Evasion: Rajasthan HC grants conditional bail

March 16, 2024 441 Views 0 comment Print

Explore the full text of the Rajasthan High Court judgment on Mohammad Shadab Kadris bail application amid GST Act violations. Legal analysis and implications covered.

Rajasthan HC Granted Bail with Deposit in GST Evasion case of Rs. 88.33 Crores

March 16, 2024 303 Views 0 comment Print

Explore the detailed analysis of the bail granted to Mohammed Ali Akram Khan vs Union of India by Rajasthan High Court. Learn about the legal intricacies and the condition of bail with a deposit.

No Section 271FA Penalty if there was a reasonable cause for failure

March 16, 2024 795 Views 0 comment Print

Explore the detailed analysis of Kesar Alloys & Metals Pvt. Ltd. vs. Director of Income Tax (ITAT Indore) case, focusing on penalty levied under section 271FA of the Income Tax Act, 1961.

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