Read Gujarat High Court’s recent ruling in PCIT vs. Jigar Jashwantlal Shah case regarding taxability of allotted shares under Section 56(2)(viic) of Income Tax Act.
Delhi High Court restored the matter to the Appellate Authority as refund claim was rejected without considering the material that establish that input supplies in respect of which ITC was claimed were in respect of export.
Read about Kerala High Court’s verdict in EVM Passenger Cars India Pvt. Ltd. vs. State of Kerala, highlighting importance of GST document compliance during goods transportation.
Delhi High Court’s interpretation of Section 10A(5) of the Income Tax Act regarding eligibility for deduction when audit report is filed before assessment.
Allahabad High Court’s ruling on ITR filing delay after 20 years. Analysis of Sri Kailash Chand Agarwal vs. Principal Commissioner case.
The Calcutta High Court addresses a writ petition concerning the election of Sthayee Samity members in the Raniganagar-II Panchayat Samity amid political tensions.
Bombay High Court quashes a 25-year-old show cause notice, citing delay and lost records, allowing refund with interest in EPL Ltd. vs. Union of India case.
Muhammad Salmanul Faris k Vs Superintendent, CGST & Central Excise (Kerala High Court) The Kerala High Court recently delivered a judgment in the case of “Muhammad Salmanul Faris k Vs Superintendent, CGST & Central Excise.” The case revolved around the cancellation of the petitioner’s GST registration by the Directorate General of Goods and Services Tax […]
Delhi High Court, in Rahul Kumar Jain and Co. v. Union Of India & Anr., held that GST Registration cannot be cancelled without specific reasons and has imposed a cost of INR 5,000 on Revenue Department.
Orion Security Solutions P. Ltd. Vs DCIT (Delhi High Court) Headnote: TDS and TCS have to be adjusted against the amount arrived at by applying the rate of 20% against the tax crystalized as per the assessment order. Facts in brief: 1. The Assessee had filed its return of income for the assessment year 2021-22 declaring […]
