Delhi High Court sets aside RBI’s cancellation of NBFC registration for failure to meet Rs. 200 Lakh NOF, directs fresh review of compounding application.
Delhi High Court upholds ITAT ruling in PCIT vs Global Logic India Ltd., addressing deferred payments and international transactions under Section 92B of the IT Act.
Calcutta HC directs benefit extension on rectified GSTR 9 for wrongful export invoice filing. Refund disallowed earlier despite acknowledged corrections.
Calcutta HC upholds ITAT’s dismissal of revenue’s appeal, affirming assessment order under Section 153 as invalid due to delayed service and legal non-compliance.
Calcutta HC stays Section 148 assessment order due to jurisdictional error in Rahul Saraf vs. ACIT. Case pending further orders.
Calcutta HC rules that revocation applications pending over 2 years, as in Globus Logisys Pvt Ltd vs. Deputy Commissioner, must be decided promptly.
Learn how to maximize tax deductions with Section 80G for donations to approved funds and institutions. Find out eligibility, payment modes, and qualifying limits.
Allahabad HC orders GST department to renew license after Sai Carriers clears pending tax and interest, ensuring compliance within 10 days of the order.
Himachal Pradesh HC stays Section 148 notice, citing lack of jurisdiction under Section 151A of the Income Tax Act, 1961, and improper procedural compliance.
Allahabad HC directs TPO to review interest on delayed receivables from AE, affirming that working capital adjustments subsume such interest.