CESTAT Mumbai held that service tax on construction of complex/building is exempt when there is sale of flat subsequent to date of issue of occupancy certificate from competent authority. Accordingly, appeal of revenue dismissed.
CESTAT Delhi held that there cannot be suppression or wilful concealment with intent to evade payment of duty since two departmental authorities have differed themselves on the taxability of the services under a specific category.
ITAT Delhi permits the recall of its ex-parte order against Medsave Health Insurance TPA, citing sufficient cause for non-appearance due to director’s absence.
Rajasthan High Court rules telecom towers and pre-fabricated buildings are capital goods, eligible for GST/CENVAT input tax credit, citing Supreme Court precedent.
Kerala HC directs Income Tax Commissioner to decide Unitac Energy’s Section 154 rectification petition within three months.
NCLT Mumbai rejects Parekh Aluminex liquidator’s request for private sale of asset significantly below reserve price. Orders Swiss Challenge auction to maximise value. Cites IBC regulations & NCLAT.
ITAT Delhi allows Flair Exports’ NSEL scam loss as business loss, finding claim not premature/speculative. Sets aside disallowance, citing precedents on write-offs.
ITAT Surat admits new evidence in Takhatsinh F. Dodia’s case, remanding a Rs. 17 lakh unsecured loan issue to the Assessing Officer for reassessment.
ITAT Pune allows Sai Sanskar Trust’s appeal against CIT(E) rejection of 12AA registration due to incorrect form section, granting opportunity for rectification.
Patna High Court sets aside delayed tax proceedings under Finance Act, 1994 due to failure to act within timeline prescribed in Section 73(4B).
