ITAT Delhi held that regular assessment order passed under section 143(3) of the Income Tax Act without aid of section 153C despite satisfaction note from AO of searched person is not supportable in law. Thus, assessment framed u/s. 143(3) is void ab-initio.
Rajasthan HC rules bilateral contracts with a foreign entity are ‘export of services,’ not ‘intermediary’ under GST, entitling the Indian supplier to an IGST refund.
The Delhi High Court mandates refund with statutory interest when a taxpayer’s GST refund is wrongly adjusted against an outstanding liability that was subsequently cancelled.
Summary of Indian real estate taxes: State stamp duty (5–7%) and registration fees, Central GST on under-construction property, 1% TDS on sales over ₹50L, and Capital Gains rules.
CESTAT Mumbai held that re-deployment of auxiliary equipment post completion of project doesn’t amount to violation of Project Import Regulations, 1986. Accordingly, appeal allowed and impugned order is set aside.
The tribunal ruled that stating “for objects of the trust” in Form 10 is sufficient if supported by a Board Resolution specifying use for scholarships. Disallowance by CIT(A) was set aside, highlighting substance over form in charitable trusts.
The Delhi High Court, citing Section 83(2) of the CGST Act, 2017 and judicial precedent, ordered the lifting of the provisional attachment on M/s Kanta Food Product’s bank account.
NCLAT Delhi sets aside NCLT order, ruling that an insolvency petition can be restored upon settlement breach if the NCLT’s initial order granted liberty for revival, regardless of the MoU’s terms.
The Delhi High Court remanded two appeals filed by the Union of India (UoI) back to the ITAT for a decision on the merits, after the UoI claimed locus standi for the disbanded Commonwealth Games 2010 Committee.
ITAT Agra condoned a 9-day delay in filing an appeal for AY 2017-18, setting aside the CIT(A)’s ex parte dismissal. The Tribunal prioritized substantial justice over technicalities.
