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Delhi HC stays PMLA proceedings as petitioner cannot be prosecuted on notional basis

December 8, 2023 753 Views 0 comment Print

Delhi High Court stays ED proceedings in PMLA case involving Pawan Kant, citing exoneration by CESTAT and interconnectedness with Customs Act charges.

CIT(A) failed to discuss additional evidence & remand report: ITAT directs de­novo adjudication

December 7, 2023 1536 Views 0 comment Print

In the case of Rohit Yadav Vs ACIT, ITAT directs de­novo-adjudication as CIT(A)[NFAC] fails to discuss additional evidence. Read the full analysis and conclusion.

SCN without specifying grounds of GST registration cancellation: Delhi HC directs reconsideration 

December 7, 2023 1317 Views 0 comment Print

Explore the Delhi High Court judgment on Sai Aluminium Exim vs PR Commissioner of GST. Learn about the reconsideration of GST registration cancellation without specific reasons, legal analysis, and implications.

Non-Appointment of CFO- MCA Imposes Rs. 12.80 Lakh Penalty

December 6, 2023 17424 Views 0 comment Print

Government penalizes Sylph Technologies with Rs. 12.80 lakh for violating Companies Act. Detailed analysis of MCA’s adjudication and penalty imposition

Income Tax Assessment order not valid if it not contains a DIN: ITAT Delhi

December 6, 2023 1086 Views 0 comment Print

Rama Pashu Aahar (P) Ltd. Vs ACIT (ITAT Delhi): Assessment Order Deemed Invalid without Document Identification Number (DIN)

Aircrafts classifiable under CTH 8802 & attracts GST 5%: GST AAR Gujarat

December 6, 2023 726 Views 0 comment Print

Explore the GST implications of the contract between Tata Advanced Systems Ltd. and Airbus. Understand the nature of supply, tax classification, value determination, and time of supply for GST.

No GST Exemption if Monthly Society Maintenance Charges exceeds INR 7500

December 6, 2023 8619 Views 0 comment Print

AAR ruling clarifies the GST implications on various charges collected by the Association of Apartment Owners, emphasizing that the exemption is subject to the condition that maintenance charges do not exceed Rs. 7,500/- per month per member.

CCI directs DGAP to verify claim of Ireo Grace Realtech of passing ITC benefit 

December 6, 2023 294 Views 0 comment Print

Competition Commission of India (CCI) directs DGAP to verify claim of Ireo Grace Realtech of passing ITC benefit following application alleging profiteering over the purchase of flat No. CD-A5-09-902 in The Corridors project in Sector 67A, Gurgaon, Haryana

No Approval U/S 151, Reassessment Quashed: ITAT Dehradun

December 4, 2023 2451 Views 0 comment Print

ITAT Dehradun quashes reassessment proceedings in Uttarakhand Purv Kalyan Nigam Limited vs ITO case, citing lack of approval under section 151 of the Income Tax Act.

Indian Bank Term Deposit Penalty Case: CCI Finds No Section 4 Violation

December 4, 2023 549 Views 0 comment Print

Read the full text of the Competition Commission of India’s order on A. Ram Babu vs. Indian Bank. Analysis of term deposit penalty, market relevance, and conclusion.

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