Calcutta HC stays Section 148 assessment order due to jurisdictional error in Rahul Saraf vs. ACIT. Case pending further orders.
Calcutta HC rules that revocation applications pending over 2 years, as in Globus Logisys Pvt Ltd vs. Deputy Commissioner, must be decided promptly.
Allahabad HC orders GST department to renew license after Sai Carriers clears pending tax and interest, ensuring compliance within 10 days of the order.
Himachal Pradesh HC stays Section 148 notice, citing lack of jurisdiction under Section 151A of the Income Tax Act, 1961, and improper procedural compliance.
Allahabad HC directs TPO to review interest on delayed receivables from AE, affirming that working capital adjustments subsume such interest.
Delhi HC rules Krones’ Indian subsidiary is not a Dependent Agent PE, dismissing the tax authority’s appeal.
Delhi HC ruled that forex loss directly linked to trading items cannot be treated as non-operating loss, dismissing the appeal in Samsung India case.
Allahabad High Court rules Poker and Rummy as skill-based games, not gambling. Orders authorities to reconsider denial of gaming unit license and review the law before making decisions.
Delhi HC dismisses writ petition against NBFC under SARFAESI Act. Petitioner advised to approach DRT for resolution. Fraud allegations under investigation.
Madras HC condoned SKV Industries 5-day delay in filing an appeal against a GST assessment order and directed the Appellate Authority to review the case on merits.