Delhi High Court restores matter to proper officer for adjudication of SCN on no excess claim of ITC. Learn about the case and its implications.
Read the detailed analysis of Amit Katyal Vs DCIT (ITAT Delhi) where no corroborative evidence was found to prove a Rs. 5 crore payment, leading to deletion of the addition.
The NCLT Mumbai ruled that claims filed after CoC approval of a resolution plan cannot be admitted, emphasizing the need for timely claim submissions in CIRP.
MCA penalizes Best & Crompton Engineering Projects Ltd. Rs. 16 lakh for delayed Secretarial Audit Report submission. Read the full adjudication order details.
Delhi High Court directs Flipkart to address misuse of GST by rogue sellers on its platform. Learn about the court’s order and the steps taken by Flipkart in compliance.
Discover why not every deposit during demonetization is deemed unaccounted cash. Detailed analysis of Narayanappa Munikrishnappa Vs ITO case remitted for fresh consideration by ITAT.
Rajasthan HC denies bail to Dheeraj Singhal on medical grounds in a case involving Rs. 187.68 Cr ineligible GST ITC claims. Full details of the judgment.
The ITAT Bangalore rules in favor of GSSS Credit Co-operative Society Limited, allowing interest income from co-operative banks to qualify for deduction under Section 80P(2)(d).
Get insights into the NCLT Mumbai judgment regarding detention charges as operational debts under the IBC. Detailed analysis of ABC India Ltd. Vs Prabhakar Engineers Pvt. Ltd. case.
ITAT Mumbai rules in favor of V. K. Nanavaty Share and Stock Brokers Pvt. Ltd, quashing the reopening of assessment as wholly without jurisdiction under section 148 of the Income Tax Act.