ITAT Mumbai directs re-examination of disallowed R&D deductions and non-deduction of TDS issues; appeal allowed for statistical purposes
ITAT Mumbai rules hardship allowance from developers is a capital receipt, not taxable as income. Assessee’s appeal allowed following Bombay High Court ruling.
Delhi HC directs trial court to release Rs. 25 lakh FDR to petitioner, citing absence of fresh Look Out Circular (LOC) from the Income Tax Department.
Orissa HC rules that rectification applications under Section 161 of CGST Act must be considered within prescribed time. Hearing required if adverse impact on assessee.
ITAT Ranchi remands MD Yasin Construction Pvt Ltd’s appeal due to CIT(A)’s non-mentioning of reasons for dismissal, directing a de novo review.
Delhi HC rules GST cancellation order invalid due to insufficient reasoning in the SCN, reversing the registration’s ab initio cancellation.
Delhi High Court reinstates GST registration for Shakti Metals, ruling temporary business suspension due to ill health does not justify cancellation.
Delhi HC directs expedited cancellation of GST registration for B.R. Enterprises, clarifying that assessment of tax should not delay the process.
Registrar of Companies penalized Vonda Technology Pvt Ltd for non-filing of e-form BEN-2 under Section 90 of Companies Act, highlighting compliance requirements.
Delhi HC annuls GST cancellation order due to procedural lapses and violations of natural justice, orders restoration of GST registration.
