Delhi High Court held that it is settled legal position that re-assessment proceedings under section 148 of the Income Tax Act cannot be triggered on the aspects which AO has already formed an opinion. Accordingly, notice issued u/s 148 set aside.
Kerala High Court directs Customs authorities to quickly conclude the adjudication of a show cause notice related to the smuggling of gold from Jeddah to India.
Patna High Court’s judgment on input tax credit and the understanding between parties regarding CGST, SGST, and IGST in a specific transaction.
Explore the Delhi High Court’s view on whether the IBC 2016 Code supersedes Income Tax Act 1961 when inconsistencies arise. Detailed analysis and insights.
Read the Madras High Court judgment on the classification of Upgraded Beneficiated Ilmenite and its impact on duty drawback. A detailed analysis of the case.
Kerala High Court orders the release of a passport detained due to smuggled gold, subject to the petitioner furnishing future travel details and complying with customs conditions.
Kerala High Court denies tax refund in Kadavalloor Service Co-Operative Bank Ltd. vs ITO case, orders swift resolution of pending appeals by ITAT
Madras High Court remanded the matter back to the Assessing Officer since Assessing Officer failed to consider the reply/ objections made by the petitioner. Passing of order without considering the reply/objection results into non-speaking order.
Mr Sujeet Singh Hussain, in whose name M/s Madhu Enterprises was registered, had stated that he was working as a security guard in the office of present applicants, who got his signatures for opening the bank account and fraudulently got the firm registered in his name as well as other employees.
Bombay High Court acquits CA Gordhanbhai Madhabhai Savalia, citing inordinate delay, lack of evidence, and legal complexities in professional misconduct case.