Delhi High Court modifies retrospective GST registration cancellation for Natraj Steels to align with the show cause notice date, providing partial relief to the petitioner.
Madras High Court sets aside a ₹16.67 crore GST demand on Sri Balaji Tollways due to mechanical confirmation of ITC mismatch, ordering a fresh inquiry.
NCLAT Delhi admits Exclusive Capital appeal, ruling NCLT decisions on jurisdiction and administrator appointment are subject to NCLAT appeal and Supreme Court orders.
Madras High Court mandates at least one reminder notice via RPAD before passing ex-parte GST assessment orders, citing natural justice in Pioneer Products case.
Kolkata Tribunal rules automated disallowance of Section 80P deduction for co-operatives due to belated filing not applicable for AY 2018-19; amendment effective from AY 2021-22.
Madras High Court reads down TNGST Act’s Section 3-B(2)(d) proviso, ruling it inapplicable to contractors assigning work to registered sub-contractors, citing Supreme Court precedents.
The NCLAT has dismissed an appeal by suspended directors of Satra Properties, upholding an NCLT order to recover ₹2.65 crore in a fraudulent transaction.
ITAT Mumbai held that denial of exemption under section 11 of the Income Tax Act not justified as advances given doesn’t violate provisions of section 13(1)(d) of the Income Tax Act. Accordingly, appeal allowed and exemption granted.
Madras High Court held that in case of genuine reason, extension of time to file the reply should be granted. Accordingly, since the order was passed without granting extension the same is held to have been passed in violation of principles of natural justice.
ITAT Delhi held that in case of bogus purchases only profit element embedded should be taxed and entire amount of purchases cannot be taxed. Accordingly, AO directed to apply profit rate of 5% on unverifiable purchases.
