NCLAT Delhi ruled that ESI contributions held by a Corporate Debtor are assets in trust of IBC, setting aside the NCLT’s order and excluding the amount from the liquidation estate.
In a case involving unexplained cash deposits, ITAT Agra restored appeal to AO, emphasizing need to examine documentary evidence of sale proceeds from agricultural land before confirming additions.
The Delhi High Court quashed two identical GST assessment orders for the same period due to procedural errors, remanding the matter for fresh adjudication and taxpayer hearing.
DRAT Chennai transferred the Mahan Textiles case from DRT Coimbatore to DRT-III Chennai, citing the Presiding Officer’s previous professional association with the petitioners.
The Gujarat High Court has granted leave to appeal a trial court’s acquittal in a ₹6 lakh cheque bounce case, citing a prima facie failure to properly appreciate evidence presented by the complainant.
The DRAT Chennai has disposed of an appeal from Venus P P V Spinning Mills against a conditional deposit order, instead directing the DRT Coimbatore to fast-track its final decision on the main case against South Indian Bank.
J&K High Court rules that delay beyond GST Act limitation can be condoned by constitutional courts; sets aside order dismissing Parshotam Electronics’ appeal as time-barred.
The ITAT Pune Bench set aside an ex-parte capital gains order, granting a non-filer taxpayer a final chance to present evidence for ₹2.03 Cr in land improvement costs to the CIT(A).
ITAT Raipur dismisses an appeal against an Income Tax penalty order as withdrawn, as the assessee opted for settlement under the Vivad Se Vishwas Scheme 2024, with a caveat for restoration if the settlement fails.
ITAT Jabalpur partially allowed Dayanand Paryani’s appeal, directing AO to replace a full Rs. 29,38,600/− cash credit addition with a 12% presumptive income rate, citing failure to calculate peak credit.
