High Court stayed operation of an ROC order concerning alleged illegal share transfers and unauthorized director appointments, directing petitioner to approach NCLT Cuttack for a specialized adjudication.
The Delhi High Court declined to quash a Show Cause Notice under Section 74 of the CGST Act against Chetak Motors, finding prima facie justification for alleging wilful suppression.
Delhi High Court set aside notices in Kishore Kumar Sharma vs. ACIT, affirming that Section 153C proceedings require a jurisdictional AO to record prima facie satisfaction that incriminating material impacts each relevant assessment year.
Telangana HC ordered the Income Tax Department to issue a fresh order under Section 156A for a ₹143 crore tax demand on NSL Mining Resources, confirming the extinguishment of the dues following the NCLT-approved Resolution Plan.
The Allahabad High Court addressed the repeated cancellation of a firm’s GST registration, noting the department’s assertions of a non-existent business and forged credit.
The Calcutta High Court, in the case of Khokan Motors Works (P.) Ltd Vs Senior Joint Commissioner of State Tax, set aside a tax demand of Rs. 40,37,877/- by the State Tax authorities.
ITAT Delhi set aside an unexplained cash addition of ₹3.5 Lakh, ruling in favor of the assessee who received a gift from her adult daughter. The court accepted the daughters creditworthiness and the genuine nature of the transaction.
ITAT Delhi dismissed Revenue’s appeal against Satya Prakash Gupta regarding an addition of ₹1.61 crore for alleged bogus Short Term Capital Loss, as tax effect was below CBDT’s monetary limit.
Ahmedabad ITAT rules in Hanumant Pakshighar Charitable trust case, stating 80G approval cannot be denied solely for having a religious object. CIT(E) must verify if religious expenditure exceeds the 5% limit under Section 80G(5B).
Delhi HC directed RST Batteries to appeal a ₹18.83 Cr GST demand under Section 107, ruling that allegations of fraudulent ITC involve complex factual issues unsuitable for writ jurisdiction. The Court extended the appeal deadline.
