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Archive: 06 August 2025

Posts in 06 August 2025

No Fresh Assessment if Section 263 Order Quashed: ITAT Ahmedabad Rejects Rs. 7.87 Cr Addition

August 6, 2025 678 Views 0 comment Print

ITAT Ahmedabad upholds the quashing of a reassessment order against Rayon Reality Private Ltd., citing the invalidation of the underlying Section 263 order

NCLAT Rejects Plea for Video Recording in Essar Steel Resolution Plan Dispute

August 6, 2025 321 Views 0 comment Print

NCLAT Delhi rejects Vir Jai Khosla’s request to video record appeal proceedings, citing no special reasons despite fraud allegations in Essar Steel resolution plan dispute.

Forgotten Role of Minutes: Your Best Defence in a Legal Dispute

August 6, 2025 1308 Views 0 comment Print

A summary of the legal and strategic importance of corporate meeting minutes. The text highlights their function as a legal defense, a record of due diligence, and a tool for risk mitigation.

Jharkhand HC Upholds GST Penalty Over Incorrect E-Way Bill Loading Point

August 6, 2025 1149 Views 0 comment Print

The Jharkhand High Court upheld a GST penalty for Pratik Enterprises, citing a discrepancy between the loading point in the E-Way bill and the actual location, supported by GPS data.

Recall of Final Order Not Permissible Without New Evidence or Apparent Error: NCLAT

August 6, 2025 480 Views 0 comment Print

NCLAT Delhi rejects a plea to recall its order dismissing appeals in Paritosh Jain Vs Manoj Kulshrestha, citing the Supreme Court’s limited grounds for recall.

ITAT Deletes Section 270A Penalty as Deduction Claim Matched Revised Audit Report

August 6, 2025 828 Views 0 comment Print

TAT Nagpur set aside two penalties against Panhera Gramin Bigarsheti: one for non-compliance due to staff issues and another for an excess 80P deduction claim, citing a revised audit report.

₹3.65 Cr Cash Deposits: ITAT Finds No Live Link, Sends Case Back for Fresh Hearing

August 6, 2025 345 Views 0 comment Print

ITAT Nagpur sends back Ganesh Thawares reassessment appeal, directing CIT(A) to rule on jurisdiction and other issues afresh after a fair hearing

Madras HC Sets Aside GST Order for Time Extension & Hearing Opportunity Denial

August 6, 2025 537 Views 0 comment Print

Madras HC: GST Dept Must Grant Time for Documents Madras High Court mandates GST department to grant time for submitting additional documents when requested, upholding natural justice principles in Tvl Ashta Gold case.

RBI Monetary Policy August 2025- Key Rates Unchanged and Measures

August 6, 2025 1689 Views 0 comment Print

A summary of the RBI’s August 2025 monetary policy, detailing unchanged repo rates, inflation and GDP projections, and new measures for bank customer claims and retail investors.

Anticipatory Bail granted in GST & Income Tax Non-Deposit Case Involving ₹8,269

August 6, 2025 855 Views 0 comment Print

Allahabad High Court grants anticipatory bail to Tanveer Asharaf in a case of delayed tax payment, citing no embezzlement and previous deposit.

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