The ITAT Chennai has set aside the disallowance of depreciation on goodwill claimed by Dynaspede Integrated Systems Pvt. Ltd. The Tribunal remanded the matter to the CIT(A) for a fresh decision.
The Court allowed bail to an accused arrested for allegedly availing fraudulent input tax credit, noting prolonged custody since April 2025 and pending trial.
Chennai ITAT ruled in Devaraya Pillai Subramanian case that interest on enhanced compensation for compulsory acquisition of agricultural land, exempt under S.10(37), is also exempt.
Madras High Court confirms that bakery products sold by a snack bar (Cakes N Bakes) are not exempt from sales tax, ruling that the exemption is limited to specific tea/coffee items.
SC Supreme Court dismissed a plea challenging expanded definition of Sikkimese, ruling the change is strictly limited to purpose of income tax exemption under Section 10(26AAA).
Delhi HC summons accountant who referred a GST case after the firm’s proprietor was found to be fictitious, citing similar fraud patterns and recalling orders in prior cases.
High Court set aside the ineligibility of a candidate for a driver post, holding that the experience certificate from a pre-registered Rice Mill was valid despite later DIC registration. The petitioner’s candidature must be considered.
Allahabad HC upholds GST tax/penalty for detained scrap goods, ruling driver’s initial statement at interception has more legal sanctity than later conflicting documents.
Calcutta High Court directs an authority to pass a reasoned order within six weeks on a pending representation regarding a contractor’s GST payment claim, avoiding a merits decision.
Ahmedabad ITAT sets aside the CIT(E)’s rejection of the Fofaria Family Charitable Trust’s application for regular 80G approval.
