Delhi High Court orders release of a startup’s goods held by Customs, citing an inexplicable delay and directing a review of policies for MSMEs.
The Allahabad High Court nullified seizure orders against M/s MLV Constructions finding that the tax authorities failed to issue a mandatory show-cause notice to the owner of the goods violating Section 129(3) of the Central Goods and Services Tax Act, 2017.
The Supreme Court of India dismissed a tax appeal against Kalyan Jewellers, affirming that the extended limitation period cannot be applied without proof of suppression or misstatement.
ITAT Chennai dismisses an appeal, ruling that a property sale is subject to a pre-existing equitable mortgage, validating a bank’s action under SARFAESI Act.
The Patna High Court has set aside an order against a brick manufacturer, directing a fresh tax assessment after ruling that the initial order was based on “mere guesswork” without any technical yardstick.
Delhi HC rules advocates cannot be prosecuted for clients’ claims, as verifying the truth of the case is not part of their professional duty.
The ITAT has fixed the fair market value of land at Rs. 60/sq.m. for capital gains calculation and directed the tax authorities to re-examine a taxpayer’s deduction claim under Section 54.
The ITAT Pune has remitted the case of Mahesh Padmnabhrao Kashikar back to the CIT(A), allowing the individual a fresh chance to explain cash deposits in a joint bank account after previously failing to cooperate.
The Delhi High Court has set aside a GST rectification order, ruling that it was passed by the wrong department and without a personal hearing, and directing a fresh hearing by the original authority.
The Gauhati High Court has voided a GST order against a deceased taxpayer, but has allowed authorities to initiate fresh proceedings against his legal heirs after discovering that returns were filed in his name after his death.