ITAT Pune cancels Section 271(1)(c) penalty against Vikas Jayram Bhukan, citing a defective notice that failed to specify the charge, referencing Bombay High Court precedents.
Delhi High Court allows Metalax Industries to file a single consolidated appeal against a common Show Cause Notice and order covering multiple financial years.
The ITAT Ahmedabad has partially upheld an appeal by Parshwanath Realty Pvt. Ltd., allowing 25% of exhibition expenses incurred for a related firm, citing business expediency and indirect benefit.
Delhi NCLAT dismisses appeal challenging court records without correction application, reiterating late replies hinder case conclusion. Cites Supreme Court precedent.
Procedural Safeguards in Amnesty Schemes: Imperative of Natural Justice Under Section 128A Introduction The implementation of amnesty schemes under the Goods and Services Tax (GST) regime represents a significant policy tool for revenue recovery and dispute resolution. Section 128A of the Central Goods and Services Tax Act, 2017, empowers the Government to introduce amnesty schemes […]
Learn essential business licensing and compliance requirements for startups and private companies in India to avoid penalties and ensure legal operations.
ITAT Delhi rulings affirm TDS credit entitlement in the year income is taxed, stressing on verification from Form 26AS and rejecting technical denials.
GST registration is mandatory above set turnover limits, regardless of payment mode. Traders advised to comply and seek guidance from tax offices if notified.
NCLAT Delhi held that application under Section 7 of the Insolvency and Bankruptcy Code for initiation of CIRP duly admissible since One-Time Settlement with guarantors didn’t amount to full and final satisfaction of loan vis-à-vis the Corporate Debtor.
Gujarat High Court held that no writ petition is maintainable against the show cause notice under section 263(1) of the Income Tax Act when notice is self-speaking and self-explanatory. Accordingly, writ dismissed as alternate remedy to prefer an appeal before Tribunal available.
