ITAT Delhi deleted MAT addition on goodwill amortisation in SC Johnson case, noting it was recorded under a court-approved scheme and fully disclosed in audited accounts.
The Gujarat High Court orders a temporary suspension of GST registration cancellation for Setu Joy Pvt. Ltd., enabling the company to file pending returns after clearing outstanding dues and fees.
The Gujarat High Court grants a temporary suspension of GST registration cancellation for Deep Chemicals, allowing the company to file pending returns after depositing outstanding dues and late fees.
ITAT reaffirmed that goodwill is a depreciable intangible asset and clarified that amendments under Finance Act operate prospectively, not retrospectively.
The Delhi High Court has decided to hear a writ petition filed by Hybon Technologies, which challenges the tax authorities’ jurisdiction to scrutinize Input Tax Credit (ITC) claims while processing a refund application. The court overruled the preliminary objection of the department and will consider the core legal issue.
In a landmark ruling, the Delhi High Court directs the GST department to refund ₹37.56 lakh to G.S. Industries. The court held that the department cannot withhold a refund based on its intent to appeal a favorable appellate order.
The Karnataka High Court has set aside a prosecution order against Natural Remedies Private Limited. The court found that the Commissioner of Labour failed to provide sufficient reasoning or evidence to prove a direct link between the company’s outsourcing activities and an alleged breach of a settlement with a trade union.
The Delhi High Court has dismissed a writ petition by PSK Engineering seeking over Rs. 4 crore in payments from the National Projects Construction Corporation.
Madras High Court upheld a single bench order quashing assessments on ITC reversal under the TNVAT Act, but allowed for the assessments to be revived if the Supreme Court reverses a prior High Court ruling.
The CESTAT Ahmedabad rules that Hubergroup India is entitled to a cash refund of accumulated Education Cess credit, citing that the abolition of the levy doesn’t negate the right to a refund of legally earned Cenvat credit.
