Andhra Pradesh High Court, in the matter cancellation of GST registration on allegation of availment of Input Tax Credit without actual receipt of goods, has dismissed the present writ on the ground of availability of alternative remedy.
NCLAT Delhi held that Successful Resolution Applicant is entitled to relief of extension of benefit of protection of Section 32-A of the Insolvency and Bankruptcy Code to lift the attachment by Enforcement Directorate (ED) over the assets of the Corporate Debtor.
Bombay High Court held that if the party is able to show the proof of supply to SEZ Unit, then non-submission of “Bill of Export” cannot be treated as non-discharge of proof of Export Obligation.
ITAT Ahmedabad held that matter needs to be remanded back as assessee failed to furnish corroborative documentary evidence to prove cash sales during demonetization period and certain proofs were submitted only before the present tribunal.
ITAT Mumbai held that notice issued u/s. 274 r.w.s. 271(1)(c) of the Income Tax Act without specifying the particular limb is unsustainable in law. Accordingly, the penalty imposed u/s. 271(1)(c) is not sustainable.
Kerala High Court held that condonation application for delay in filing the audit report in Form-10B should have been considered without being too hyper technical and in a judicious manner.
Learn about tax loss adjustments, including intra-head and inter-head, carry forward rules, and restrictions on set-offs under Indian tax laws.
Narmada Thermal Power Pvt. Ltd. penalized for delayed filing of MGT-14 forms under Section 117 of the Companies Act, 2013. Detailed analysis of the case.
Learn about clubbing of income under Indian tax laws, where income of one person is included in another’s taxable income, including exceptions and provisions.
MHA issues a public advisory warning against fake emails and documents in the name of FCRA officials. Always use the official FCRA portal for services and payments.
