Gujarat High Court held that reopening of assessment u/s. 147 of the Income Tax Act solely on the basis of material found by AO of searched person without satisfaction note as prescribed under section 153C is untenable in law.
Karnataka High Court held that clinical trial to foreign service recipients is not liable to tax under GST since the place of recipient of the services provided by the petitioner is outside the territory of India. Accordingly, present writ is allowed.
Chhattisgarh High Court allows the bail application in Rs. 4000 Crore liquor scam case in the absence of any distinguishing material against the applicant. Accordingly, the present bail application is allowed.
Jharkhand High Court held that levy of electricity duty on the basis of ‘net charges’ as introduced by the 1st Amendment Act, 2021 is ultra vires to the Bihar Electricity Duty Act, 1948. Accordingly, 1st Amendment Act, 2021 and the Rules, 2021 are declared ultra vires to the Act, 1948.
ITAT Mumbai held that artificial profits or losses arising from Client Code Modification in share transactions carried out in F&O segment requires transaction-wise reconciliation. Accordingly, matter restore to the file of AO.
Karnataka High Court held that request for waiver of pre-deposit amount under Section 129E(ii) of the Customs Act, 1962 is not acceptable since petitioner is an established business and there is no financial distress. Accordingly, writ dismissed.
Delhi High Court held that retrospective applicability of Transport and Marketing Assistance Scheme is impermissible in law. Thus, notification of foreclosure of the Scheme dated 25.03.2022 shall have no application for exports effected between 01.04.2021 and 08.09.2021.
Patna High Court held that judgement of conviction of Tax Assistant for accepting bribe to process income tax refund and order of sentence is justified and legal since the prosecution has proved all core points of prosecution story.
ITAT Mumbai held that TDS credit duly reflected in Form 26AS cannot be denied just because of some procedural lapse. Accordingly, order is set aside and the present appeal is allowed.
Andhra Pradesh High Court held that State becomes liable to compensation on account of theft of seized silver and cash which was carried out in the police station. Accordingly, the writ petition is allowed.
