NCLAT rules that personal guarantees cannot be invoked after a resolution plan, approved by the Committee of Creditors, agrees to their release upon payment.
The Gauhati High Court has ordered the reconsideration of ITI Ltd.’s GST input tax credit demands, directing the tax authorities to apply the amended Section 16.
The Andhra Pradesh High Court has quashed a GST registration cancellation notice, ruling that the absence of a mandatory Document Identification Number (DIN) invalidates the notice.
The ITAT Delhi deletes a ₹17.95 lakh tax addition on royalty expenses for Travel Food Services, applying the principle of consistency from previous years’ decisions.
The ITAT Cochin bench addresses whether a cooperative society tax return filed after the original due date but within a CBDT-extended deadline for Kerala flood victims is eligible for Section 80P deduction. The tribunal rules the return was timely allowing the deduction.
The ITAT grants relief to an assessee, setting aside an ex-parte order from the CIT(A) and remanding the case for a fresh hearing on its merits.
Calcutta High Court condones delay by Income Tax department, allowing assessee to file Forms 1 & 2 physically and avail Vivad se Vishwas Scheme, 2024.
The ITAT grants a rural trust a second opportunity to secure 80G tax benefits after its application was rejected due to portal-related confusion.
A procedural error by the First Appellate Authority leads the ITAT Ahmedabad to send an unexplained investment case back to the Assessing Officer The court directs the AO to properly investigate the source of funds for a property purchase.
Delhi High Court permitted the petitioner to pursue a customs duty appeal before CESTAT by depositing 50% of the required pre-deposit. The case involves two containers with differing seizure circumstances.
