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Delhi HC Orders Canara Bank to Vacate Attachment on Assessee’s Cash Credit under GST

April 23, 2024 3750 Views 0 comment Print

Delhi High Court directs Canara Bank to comply with instructions to vacate attachment on the cash credit account of the petitioner under the GST Act. Read the full judgment here.

HC Sets Aside Income Tax Order Due to Technical Glitch Preventing Petitioner’s Participation

April 23, 2024 948 Views 0 comment Print

Kerala High Court nullifies Income Tax assessment order for 2016-17 after petitioner couldn’t attend video conferencing due to technical issue. Full judgment analysis.

Drawback & ROSCTL Benefit Cannot be Denied for Procedural Lapse in circular

April 23, 2024 1842 Views 0 comment Print

Lovy International challenged rejection of Drawback to ROSCTL conversion. CESTAT Delhi ruled CBEC Circular time limit invalid. Detailed analysis here.

GST Appeal cannot be rejected for non/delayed submission of certified copy of uploaded order

April 23, 2024 2187 Views 0 comment Print

In a landmark ruling, the Gujarat High Court clarifies Rule 108 of CGST, emphasizing that the period of limitation applies only to manually passed orders, not those uploaded on the common portal.

Liquidator Fees under Regulation 4(2)(b): NCLAT Delhi Ruling

April 23, 2024 1374 Views 0 comment Print

Analysis of Ashok Kumar Gulla vs State Bank of India case on payment of liquidator fees under Regulation 4(2)(b) of Liquidation Process Regulations by NCLAT Delhi.

Direct Issuance of Form SVLDRS 3 violates Natural Justice Principles: Bombay HC

April 23, 2024 696 Views 0 comment Print

Bombay High Court condemns the issuance of SVLDRS Form 3, directs issuance of Form 2, affirms petitioner’s right to a personal hearing. Read the full judgment here.

Homebuyers, Regardless of RERA Decree, belong to same category of allottees: NCLT

April 23, 2024 2001 Views 0 comment Print

Dive into the NCLAT judgment on the implications for homebuyers under RERA, analyzing Section 7(1) of the IBC and the distinction between allottees and decree holders.

CESTAT allows cross-examination despite deliberate delay on the part of appellant to cross-examine

April 23, 2024 735 Views 0 comment Print

The impugned order detailed the efforts made by the revenue authority to provide the necessary documents and opportunities for cross-examination. It concluded that the appellant’s delay in cross-examination was merely a tactic to delay the adjudication process. The order upheld the revised report of Shri N J Lalwani and confirmed the demand of duty.

ITAT deletes Addition which were based on Manual Cash Books in Section 153A Assessments

April 23, 2024 1059 Views 0 comment Print

Explore the ITAT Delhi ruling on deletion of additions based on manual cash books in Section 153A assessments.

No section 276CC prosecution in absence of “Mens Rea”: Rajasthan HC

April 23, 2024 1194 Views 0 comment Print

Explore the Rajasthan High Court’s judgment on delayed ITR filing, emphasizing the necessity of ‘mens rea’ for offense establishment. Full analysis provided.

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