Summit Aviation Private Limited obtained financial assistance from respondent no.3, Punjab National Bank, for the purchase of helicopters. This financial assistance was secured through a hypothecation agreement dated 12.05.2008.
Delhi High Court sets aside GST demand order against APN Sales & Marketing, citing lack of proper notice, and remands the case for reconsideration.
Delhi High Court sets aside ITC denial due to incorrect GSTN on invoices, ruling in favor of B Braun Medical India Pvt. Ltd. in a dispute with tax authorities.
Delhi High Court held that imposition of penalty under section 271DA of the Income Tax Act is justifiable since there is no inordinately and inexplicably delay in initiation of penalty proceedings. Accordingly, writ dismissed.
Delhi High Court held that reassessment order is liable to be set aside as it was based on information that was fully examined in the earlier round of reassessment u/s. 147 r.w.s. 144B of the Income Tax Act. Accordingly, appeal allowed and order set aside.
Delhi HC confirms Section 40A(3) inapplicable to property investments, affirming ITAT’s ruling in PCIT Vs Sanskar Homes Pvt. Ltd. Appeal dismissed.
Delhi HC rules that CESTAT cannot dismiss an appeal solely due to pre-deposit being made in the wrong account. Case sent back for reconsideration on merits.
The invitation card for the marriage ceremony in Guru vaguer was also placed on record as Annexure P-3. Assessee was said to have been wearing a gold chain weighing 32 gms which was detained by the Department.
Delhi High Court directs expeditious disposal of pending GST SCN proceedings over registration suspension, keeping all contentions open for adjudication.
Delhi High Court disposed of writ petitions as domestic industry no longer presses for imposition of Anti-Dumping Duty [ADD]. Thus, writ petitions are disposed of as having been rendered infructuous.