ITAT Mumbai dismisses revenue appeal against Aries Agro Ltd., affirming deletion of Section 68 additions for demonetization cash deposits.
Calcutta High Court advises G.P. Tronics to file GST appeal, citing unexplained delay and availability of multi-tiered adjudication process.
Delhi High Court held that since issue of jurisdiction of Directorate of Revenue Intelligence [DRI] is resolved and held that they are proper officer for the purpose of section 28 and are competent to issue show cause notice.
Calcutta High Court remands GST appeal dismissed for delay, directs appellate authority to consider response and grant hearing in Ashok Kumar Saha case.
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The Supreme Court of India has ruled that taxpayers can use their Input Tax Credit (ITC) from the Electronic Credit Ledger for mandatory pre-deposits in GST appeals, easing liquidity constraints for businesses.
India’s Supreme Court ruled a bank’s 3-year service bond with liquidated damages is valid, not restraint of trade or against public policy.
Raipur ITAT dismisses BPS Infrastructure’s appeal against delayed PF/ESI contribution disallowance, citing 690-day delay and lack of sufficient cause.
Kerala High Court held that criminal case under section 454(8) of the Companies Act unsustainable since appeal filed by the petitioner against the penalty order is still pending consideration. Thus, the Criminal Miscellaneous Cases allowed and complaint quashed.
Chennai Income Tax Appellate Tribunal clarifies that designated funds and life membership fees for charitable societies are capital receipts, not taxable income.
