ITAT Delhi rules that remittances to foreign subsidiaries are not taxable in India, leading to the cancellation of tax penalties on HCL Technologies Ltd.
Bombay High Court quashes reassessment order against Arihant Developers, confirming their compliance with the Income Declaration Scheme 2016.
NSE EMERGE mandates listed entities to submit a certificate on issue proceeds utilization, certified by auditors, with financial results from April 2023.
Delhi High Court restricts retrospective GST cancellation, modifying it to prospective effect. Order lacked justification for retroactive application.
Delhi HC invalidates retrospective GST cancellation due to lack of specific allegations under Section 29(2) of CGST Act. Immediate revocation ordered.
Calcutta High Court rules GST registration cannot be canceled for non-filing of returns if no tax evasion is involved. Compliance required for restoration.
Karnataka HC rejects Guddappa Kolaji’s claim to change retirement date based on new birth certificate after accepting previous records.
Mumbai ITAT rules gift from non-resident brother exempt from tax for Abul Wais Abdus Salam, overturning previous additions to income.
No appeal shall be allowed to the Deputy Commissioner or Commissioner under Section 406(8) of the Maharashtra Municipal Corporation Act (MMCA) without first depositing the disputed property tax excluding interest and penalties.
Delhi HC cancels GST SCN due to lack of detailed allegations, orders immediate restoration of GST registration. Fresh proceedings allowed if warranted.
