Punjab & Haryana HC invalidates Section 148 notice due to non-compliance with faceless assessment provisions under Section 144B of the Income Tax Act, 1961.
Rajasthan High Court clarifies that provisional attachments under Section 83 of the GST Act cease after one year. Bank directed to allow account operation.
Rajasthan HC fines petitioners filing repeated petitions, calling it an abuse of the process, and directs adherence to prior court rulings.
SEBI’s amendments to Listing Regulations impact the role of company secretaries, focusing on secretarial audit, compliance officer elevation, and governance enhancements.
CESTAT Ahmedabad ruled that cost-sharing among Gujarat electricity companies, including MGVCL, does not constitute taxable Business Support Services under Finance Act, 1994.
Allahabad High Court quashes orders in Vishva Electrotech Ltd. case, clarifying ownership of goods under GST rules and enforcing compliance with 2018 circular.
Chhattisgarh HC examines ITAT’s denial of appeal condonation for Navodit Samaj Sevi Sanstha in a tax dispute involving Section 12A registration under the Income Tax Act.
ITAT Delhi held that initial transaction of demerger of Passive Infrastructure Assets [PIAs] without any consideration qualifies as gift is already affirmed by the Hon’ble Delhi High Court while approving the demerger scheme.
ITAT restores Yalamati Raghavendra’s appeal to CIT(A) for adjudication on merits after admitted tax payment, referencing Karnataka High Court’s judgment in SSS Projects Ltd.
The Supreme Court ruled economic offences causing public loss cannot be quashed via settlements, emphasizing their societal impact and need for strict legal enforcement.
