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Archive: 24 September 2024

Posts in 24 September 2024

Delhi HC Sets Aside GST Demand Order having Erroneous tax calculations

September 24, 2024 216 Views 0 comment Print

Delhi HC overturns GST demand order due to erroneous tax calculation, remanding the case for reconsideration after hearing the petitioner.

Interest on Surplus Bank FDs Exempt Under Section 10AA: Karnataka HC

September 24, 2024 1497 Views 0 comment Print

Karnataka HC rules that interest income from surplus funds in bank FDs is eligible for exemption under Section 10AA for SEZ exporters, following precedent in Hewlett Packard case.

No Section 153A Assessment Without Incriminating Evidence: Karnataka HC

September 24, 2024 393 Views 0 comment Print

Karnataka HC rules reassessment under Section 153A impermissible without incriminating evidence, upholding deletion of assessed income.

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