Madras High Court held that as per the provisions of Section 22 of Recovery of Debts Due to Banks and Financial Institutions Act, 1993, Debt Recovery Tribunal is not bound by the procedure laid down by the Code of Civil Procedure.
The Allahabad High Court upholds quashing of search assessment for Subodh Agarwal, affirming that mechanical Section 153D approval for multiple cases is invalid.
ROC Ahmedabad imposes penalties on Kheria Autocomp Ltd. and directors for failing to maintain minimum member count under Companies Act, 2013.
Delhi ITAT voids search assessments for Kumar Nayyar, citing mechanical Section 153D approval. Orders lacked judicious application of mind for each assessment year.
Madras High Court permits taxpayer to appeal a 200% GST penalty for e-way bill expiry, citing Supreme Court precedent and mitigating circumstances, waiving limitation period.
India proposes changes to Patents Rules, 2003, updating definitions, complaint procedures, inquiry processes, and appeal mechanisms for patent contraventions.
The Supreme Court of India dismissed ACIT’s Special Leave Petition against Nehal Ashit Shah, upholding an earlier concession made by the tax department.
Madras High Court allows Lucky Traders to appeal a 2021 tax order, citing a government notification extending appeal deadlines for specific cases.
Bombay High Court condones delay in Form-10 filing for a charitable trust, citing pandemic impact, past compliance, and no mala fide intent.
ITAT Mumbai quashes reassessment orders against Soham Estates for AY 2012-13, 2013-14, 2014-15, citing jurisdictional flaws by tax authorities.
