The Allahabad High Court disposed of multiple petitions from an individual challenging summoning orders in cheque bounce cases under the Negotiable Instruments Act.
ITAT Cochin has quashed a tax demand, ruling that cooperative banks can claim a deduction under Section 80P for interest earned from District Co-operative Banks and Treasury, citing a Kerala High Court precedent.
ITAT Chandigarh’s ruling in the CSJ Infrastructure tax case addresses the application of Section 43CA and the tax treatment of interest on land conversion fees.
The Calcutta High Court upholds the ITAT’s decision, ruling that the reopening of a tax assessment was invalid due to a lack of independent reasoning by the tax officer.
ITAT Mumbai allowed an appeal by a private discretionary trust, directing the re-computation of surcharge at 15% instead of 37%. The decision follows the Special Bench ruling in Aradhya Jain Trust vs. ITO, clarifying surcharge slab applicability for trusts taxed at maximum marginal rate.
NCLAT has rejected an appeal by Technio Business Solutions, citing a lack of credible reasons for a 172-day delay in refiling. NCLAT found the explanations to be baseless.
Calcutta High Court invalidates an ex-parte GST order against Annu Projects Pvt. Ltd., citing the tax authority’s failure to provide a mandatory hearing under Section 75(4).
The NCLAT has rejected an appeal by Technio Business Solutions, citing a lack of credible reasons for a 172-day delay in refiling. The court found the explanations to be baseless.
CESTAT has upheld the confiscation of smuggled gold and a penalty on two individuals after they were caught with gold concealed in a car without proper documents.
Allahabad High Court has ruled that a company cannot be denied a GST refund due to a technical error in application form, citing a violation of natural justice.
