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VSV Scheme Settlement and Section 263 Revision: Closure of Tax Disputes?

October 4, 2023 2307 Views 0 comment Print

Explore Gujarat High Court’s judgment on PCIT Vs Swatiben Biharilal Parekh case, examining VSV Scheme and Section 263 of Income Tax Act.

Calcutta HC Quashes 2nd Show Cause Notice Matching Earlier Dropped Grounds

October 4, 2023 1710 Views 0 comment Print

Calcutta High Court has quashed a second show-cause notice issued on same grounds as an earlier notice that was dropped by authority. Learn more.

Bank has first charge over property above other debts payable to Central or State Government

October 4, 2023 3570 Views 0 comment Print

Himachal Pradesh High Court held that the Bank has first charge over the properties being secured creditor in priority over all Other Debts, Revenues, Taxes, Cesses and Other Rates payable to the Central or State Government or Legal Authority.

Pardon u/s. 306 Cr.P.C. doesn’t result in acquittal of offence under PMLA

October 4, 2023 1563 Views 0 comment Print

Allahabad High Court held that the pardon granted under Section 306 Cr.P.C. to a person in a scheduled offence would not ipso facto result in his acquittal in the offence under the Prevention of Money Laundering Act (PMLA).

Innovation Services to German Company amounts to Export of Service: HC

October 4, 2023 849 Views 0 comment Print

Punjab & Haryana High Court judgment on Fresenius Kabi Oncology Ltd. vs. Union of India: Innovation & Development services to a German company considered an export of service.

Amendment to section 54F restricting investment in property to India is not retrospective

October 4, 2023 13509 Views 0 comment Print

Learn about the Bombay High Court’s ruling on the retrospective application of an amendment to Section 54F in the case of Hemant Dinkar Kandlur vs CIT

Search cannot be conducted until all conditions u/s 67 of CGST Act are fulfilled

October 4, 2023 5892 Views 0 comment Print

In case of Bhagat Ram Om Prakash Pvt. Ltd. vs. Commissioner Central Tax GST, Delhi HC orders a stay on search proceedings until Section 67 conditions are met.

Madras HC Orders Refund of Tax Recovery in Athimoolam Contractor Case

October 4, 2023 810 Views 0 comment Print

In the P. Athimoolam Contractor vs. State Tax Officer case, Madras HC sets aside tax recovery, orders refund, and remits the case back to the authorities.

HC quashed order passed by Officer not having jurisdiction

October 4, 2023 8028 Views 0 comment Print

Delhi High Court quashes jurisdiction in Sumitomo Mitsui Financial Group Inc vs. CIT case, leading to the setting aside of impugned orders and notices under the Income Tax Act.

Bombay High Court’s Landmark Ruling on Trademark Use in Meta-Tags

October 4, 2023 8730 Views 0 comment Print

Discover groundbreaking People Interactive v. Gaurav Jerry case where Bombay High Court deems trademark use in meta-tags illegal, protecting brand integrity.

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