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Archive: 07 February 2025

Posts in 07 February 2025

Availability of alternative remedy does not bar judicial review in jurisdictional issues

February 7, 2025 1419 Views 0 comment Print

Madhya Pradesh High Court stays reassessment notice under Section 148A(d) of the Income Tax Act, citing jurisdictional concerns and allowing further legal review.

Reopening of Completed assessment without new evidence is impermissible: Madras HC

February 7, 2025 1776 Views 0 comment Print

Madras High Court sets aside reassessment notice under Section 148A for Mahogany Logistics, citing lack of fresh material and change of opinion.

Reassessment Cannot Be Arbitrarily Reversed Without Valid Reason: Bombay HC

February 7, 2025 1077 Views 0 comment Print

Bombay High Court sets aside reassessment notices issued to Siemens Ltd., citing contradictory orders and lack of justification. Read the full case summary.

Writ Jurisdiction on Section 148A(d) Orders Requires Exhaustion of Remedies

February 7, 2025 972 Views 0 comment Print

Madhya Pradesh High Court dismissed Laxminarayan Patidar’s writ challenging a Section 148 notice under the Income Tax Act, citing alternative remedies available.

Absence of a signature is a fundamental defect that renders GST order invalid: AP HC

February 7, 2025 1212 Views 0 comment Print

Andhra Pradesh High Court ruled on the invalidity of unsigned GST orders in SRS Traders vs. Assistant Commissioner. Key legal findings and case details.

Duty-Free Shops shall be deemed to be beyond Customs Frontiers of India: Bombay HC

February 7, 2025 1695 Views 0 comment Print

Bombay High Court rejects A1 Cuisines’ plea for GST exemption on duty-free sales at Nagpur Airport, ruling that domestic airport sales are taxable under GST laws.

Patna HC on GST Appeal Limitation: 120 Days vs. 4 Months

February 7, 2025 2205 Views 0 comment Print

Patna High Court sets aside GST appellate order against Brand Protection Services Pvt Ltd, directing reconsideration due to misinterpretation of appeal timelines.

Income-Tax Rule 2F Amended for Infrastructure Debt Funds

February 7, 2025 1863 Views 0 comment Print

CBDT amends Income-Tax Rules, 1962, updating regulations for Infrastructure Debt Funds, including investment criteria, bond issuance, and borrowing rules.

Rajkot Notified for Import & Export Operations by CBIC

February 7, 2025 1467 Views 0 comment Print

CBIC amends Customs Notification No. 61/94, adding Rajkot for unloading imported goods and loading export goods under the Customs Act, 1962.

SEBI Proposes Automated Trading Window Closure Extension

February 7, 2025 1137 Views 0 comment Print

SEBI seeks public comments on extending automated trading window closure to immediate relatives of designated persons, aiming to improve compliance and prevent violations.

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