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Archive: 17 April 2025

Posts in 17 April 2025

Delhi HC Dismisses Hardwyn India’s Plea Against DGGI, Asks to Approach Gurugram Court

April 17, 2025 606 Views 0 comment Print

Delhi HC rejects Hardwyn India’s GST writ petition, citing lack of territorial jurisdiction as investigation was by DGGI Haryana.

Delhi HC Upholds Trial Court’s Order to Summon GST Witness

April 17, 2025 354 Views 0 comment Print

Delhi High Court dismisses petition challenging trial court order allowing Raka Overseas to summon GST department witness for evidence against RNT Metals.

Delhi HC Disposes of Plea Against GST Registration Cancellation Notice

April 17, 2025 357 Views 0 comment Print

Delhi HC disposes of Gurpreet Singh’s plea against GST registration cancellation notice, directs swift conclusion of SCN proceedings within three weeks.

Unreasoned/template GST Order Quashed by Delhi HC

April 17, 2025 816 Views 0 comment Print

Delhi High Court sets aside GST order citing non-application of mind, similar to Xerox India case, allowing fresh proceedings.

SC permits NFRA to continue audit regulatory proceedings against CAs

April 17, 2025 1344 Views 0 comment Print

Supreme Court permits NFRA to continue audit regulatory proceedings against CAs where no final orders exist, but stays execution of existing final orders.

Personal Carriage Customs: Gems, Samples – Chennai

April 17, 2025 678 Views 0 comment Print

Learn about the simplified customs procedure for personal carriage of gems, jewellery, and samples/prototypes at Chennai Airport starting May 1, 2025.

Creditors Must Adhere to Sections 52 & 53 of IBC for Debt Recovery: NCLAT Delhi

April 17, 2025 891 Views 0 comment Print

Discrepancies in financials prompted the Appellant to seek clarifications from Personal Guarantors – Respondents No. 2 and 3, and the late Mr. Bajrang Dass Aggarwal, who provided explanations on 25.02.2020.

Special Bench Rules on Surcharge for Private Discretionary Trusts

April 17, 2025 1101 Views 0 comment Print

Araadhya Jain Trust Vs ITO (ITAT Mumbai) Whether surcharge is applicable at respective surcharge slab rate or at maximum surcharge rate in case of the Private Discretionary Trust? In a significant ruling that brings clarity to taxation of Private Discretionary Trusts, the Income Tax Appellate Tribunal (ITAT) Special Bench has held that surcharge on such […]

CIRP Against Corporate Guarantor Rejected for Failure to Establish Guarantee Invocation

April 17, 2025 993 Views 0 comment Print

NCLT Mumbai held that invocation of provisions of section 7 of the Insolvency and Bankruptcy Code against corporate guarantor not maintainable as financial creditor not able to establish invocation of corporate guarantee.

NCLT rejects Private Sale by Liquidator for Lack of Maximization Strategy for Asset Realization

April 17, 2025 639 Views 0 comment Print

NCLT Mumbai held that the private sale has to be conducted by the liquidator in a manner so as to maximize the realizations from the sale of assets. Since strategy to maximize realisation from sale of assets absent.

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