Detailed look into Delhi High Court’s ruling in Om Parkash Vs ITO case regarding taxation on agricultural land sale without adjusting cost of acquisition
No penalty under Section 129(3) of Central Goods and Services Tax (CGST) Act could be imposed without providing a hearing as prescribed under Section 129(4) of Act.
Patna High Court rejects second anticipatory bail application filed by Chakresh Kumar Jain under section 4 PMLA, mirroring a similar rejection of an anticipatory bail plea by his father, Pawan Kumar Jain.
Madras High Court rejected the writ filed by the petitioner and instructed the assessee to pursue an appeal before the Appellate Authority. The High Court further directed the Appellate Authority to expedite the proceedings and resolve the case promptly.
Calcutta High Court reaffirms Input Tax Credit (ITC) rights of a genuine buyer, even if supplier’s registration gets retroactively cancelled.
Orissa High Court grants interim relief in Nilamadhaba Enterprises vs CT & GST Officer, staying tax demand due to the absence of a GST Appellate Tribunal.
Delhi HC in Victorious H Grand Vs PCIT, instructs Income Tax Department to dispose of revision application under Section 264 of I-T Act within eight-week timeframe.
Delhi High Court mandates reassessment in Praveen Bansal vs ITO, emphasizing fair hearing and verification of claims under Section 148A(b) of the Income Tax Act.
Delhi HC in Merlin Facilities Pvt. Ltd. Vs Union of India, held that impugned order of provisional attachment of bank accounts under CGST Act becomes non-operative post statutory period of one year.
Orissa High Court’s judgment rejecting Khageswar Patra’s anticipatory bail plea due to a failure to comply with Section 45 of Prevention of Money Laundering Act (PMLA)
