Impugned order and notice indicated that sanctioning authority was PCIT. However, since issuance date of both documents was beyond three years from relevant assessment year, Section 151(ii) of Act mandated that sanctioning authority should have been PCCIT.
Discover the ruling of the Calcutta High Court in the case of Lokenath Construction Private Limited vs Joint Commissioner of State Tax/Revenue and Others, highlighting the importance of proper verification before denying Input Tax Credit.
HC held that goods mentioned in invoice and e-way bill matched; in terms of quantity and value; non-mention of dispatch address is a minor breach not inviting provisions of section 129
Petitioner contended that disputes regarding insolvency and winding up are non-arbitrable. However, HC noted that objections to arbitrator’s jurisdiction could be raised before arbitral tribunal itself.
The court examined the legal provisions and previous judgments, emphasizing the disqualification of an arbitrator with an interest in the outcome of the dispute. It noted that the unilateral appointment of the arbitrator by the Government of Kerala, a party to the dispute, violated legal principles established by the Supreme Court. Therefore, the appointment was deemed legally invalid.
Kerala High Court issues directions on Nidhi Companies’ status, highlighting concerns over recent amendments, financial regulations, and operational challenges. Read the detailed analysis here.
In case of Balaji Mines And Minerals Pvt Ltd vs ACIT, Bombay High Court ruled that reassessment cannot be based solely on reasons borrowed from other departments or reports, such as Justice M.B. Shah Commission Report.
Karnataka High Court ruled that goods can’t be detained solely for lack of original invoice during transport. Detailed analysis of the case & its implications.
Delhi High Court quashes a defective Show Cause Notice on GST demand, ruling it vague and lacking details. Detailed analysis and implications provided.
Delhi High Court orders re-adjudication in the Anita Bansal Vs Union of India case due to the petitioner’s inability to attend the hearing regarding Input Tax Credit (ITC) following her husband’s death.
