The Supreme Court dismissed an SLP, affirming an interim High Court order that limits Input Tax Credit blocking to 10% of the demand under Rule 86A of CGST Rules.
Bombay High Court rules no GST law prohibition on transferring Input Tax Credit between amalgamating companies located in different states, enabling seamless credit flow.
ITAT Mumbai rules cooperative housing societies can claim Section 80P(2)(d) deduction on interest from co-operative banks. Interest from nationalized banks is not eligible.
Supreme Court cancels bail for a former Patna care home superintendent accused of exploiting inmates. The decision overturns a High Court order.
The Gujarat High Court set aside GST demand notices and orders against a dissolved company, ruling that proceedings cannot be initiated against a non-existent entity
Telangana High Court dismissed a writ petition challenging a bank attachment linked to an unappealed GST order, stating voidable orders must still be challenged.
SC held that even orders considered voidable or non est (non-existent) must be formally set aside through appropriate legal proceedings and cannot be unilaterally ignored
Ministry of Defence released an updated Security Manual for Licensed Defence Industries (SMLDI), 2025, which supersedes 2014 version and mandates compliance for all licensees.
Bombay High Court sets aside NMMC s order attaching Sargam Foods cash credit account for cess recovery, citing lack of legal basis for credit-freeze.
Karnataka High Court ruled a closed company can claim CENVAT credit refund, stating Rule 5 of CENVAT Credit Rules 2002 does not prohibit it for ceased manufacturers.