The Supreme Court permitted the appeal to be entertained without pre-deposit after noting that the appealable order predated the amendment introducing the requirement. The interim relief remains subject to the outcome of the Special Leave Petition.
The High Court held that the issue requires consideration where the show cause notice preceded the amendment. It granted interim relief allowing the appeal to be entertained without the 10% penalty pre-deposit.
The Tribunal upheld the disallowance of a ₹10 lakh deduction after the recipient political party informed the tax authorities that it had not received the contribution. The ruling emphasises that taxpayers must establish the genuineness of donations claimed under Section 80GGC.
The Tribunal upheld the denial of deduction under Section 80GGC after finding that the political donation formed part of an alleged accommodation entry arrangement. The ruling emphasised that deductions may be denied where investigative findings indicate a lack of genuineness and remain unrebutted by the taxpayer.
The issue concerned the maintainability of a class action petition under the Companies Act. The SC, acting on the parties’ consent, referred the disputes to arbitration and set aside the NCLT and NCLAT orders while leaving all issues open.
The issue was whether Section 245 of the Companies Act applies only to continuing acts. The NCLAT held that claims involving damages and compensation may encompass past transactions, allowing class actions to proceed in appropriate cases.
The ruling held that ITC on QIP-related services was available only to the extent the funds were used for repayment of borrowings. Credit was denied for the portion linked to investment in a subsidiary due to the absence of a direct nexus with the taxpayer’s business.
The Authority held that electricity transferred to the DISCOM grid constituted a supply under GST. Since electricity attracted a nil rate of tax, ITC on solar plant-related expenses was denied.
The Commission examined allegations relating to one-sided agreements, rental suppression, and delayed payments in commercial real estate projects. It ruled that no prima facie case of abuse of dominance or anti-competitive conduct was established because dominance itself was not demonstrated.
The Tribunal held that technical glitches on the income tax portal, coupled with grievances raised by the taxpayer, justified condonation of a 2-month and 21-day delay in filing an appeal. The key takeaway is that genuine system-related difficulties may amount to sufficient cause for procedural delays.
