Learn how the Jharkhand High Court ruled on interest for late GST returns, why liability disputes matter, and the impact on East India Udyog Ltd.
Merely because the Directors of the two companies were common may have given rise to suspicion that the deposits received by the assessee company from the other, was bogus.
Commissioner of Central Excise Vs Gautam Ship Breaking Ind. Ltd. (Gujarat HC): Interest not chargeable on Amount of MODVAT credit, which was lying unutilized and which has been ordered to be reversed
Delhi High Court dismisses appeal of VI Exports India Pvt. Ltd. for export of banned non-basmati white rice due to non-compliance with notification conditions.
Madras High Court quashes demand in computation sheet and notice, ruling no additions proposed in income tax assessment order.
Madras High Court dismisses writ petition challenging revision order under Section 263 of IT Act, directing pursuit of statutory appeal.
Bombay HC in Hindustan Export & Import Corporation Private Limited Vs DCIT held that sharing newspaper cuttings alone did not meet criteria for sharing commercial expertise under Section 80-0 of Income Tax Act, 1961.
Learn about the Allahabad High Court’s ruling in Mid Town Associates Vs Additional Commissioner Grade-2 (Appeal) regarding penalty proceedings for non-production of E-way bill. Discover why mens rea is crucial in tax evasion cases.
Delhi High Court restores an appeal on the CESTAT Board despite a 9-day pre-deposit delay. Full text of the judgment and its implications discussed.
Whether addition made by Assessing Officer under Section 68 was justified, particularly in light of non-response from directors to notices.
