Delhi High Court, in Hulas Rahul Gupta vs. Union Bank of India, quashed a Look Out Circular (LOC) issued against a loan guarantor. The Court held the LOC violated due process as criminal charges were absent and the bank failed to justify its request under relevant guidelines.
Bombay High Court quashes reassessment notices against Godrej Industries, citing issuance beyond the limitation period. A landmark victory for corporate law.
Delhi High Court disposes writ petition challenging the provisional attachment of cash credit accounts under Section 83 of the CGST Act, highlighting the statutory limitations and reservations.
Bombay High Court rules storage tanks not land or building, impacting TDS deductions on storage charges. A pivotal decision for tax compliance practices.
Madras High Court quashes penalty for non-generation of e-invoice when turnover was rectified below 5cr in GSTR-9. Learn the implications of this judgment.
Madras High Court rules exporters receiving payments through PayPal eligible for GST refunds, emphasizing compliance with foreign exchange regulations.
Madras High Court quashes a GST assessment order for being unreasoned, highlighting the necessity for detailed reasoning in tax assessments, especially regarding ITC claims.
Bombay High Court rules procedural deficiencies in filing appeals cannot invalidate claims filed within limitation, ensuring justice in CGST refund cases.
Explore the Delhi High Court’s judgment in Thales India Private Limited vs Commissioner of CGST. Learn about the appeal, order-in-original, and the remittance of the matter for reconsideration.
Interest Applies to Delayed Refunds on All Deposits, Including Redemption Fines and Penalties, When Refundable – Section 27-A of Customs Act,
