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Delhi High Court

GST Registration cancellations must be based on objective criteria and not be a mechanical process

January 11, 2024 12771 Views 0 comment Print

Delhi High Court’s judgment on GST registration cancellation with retrospective effect in case of Sharda Metal Works. Learn about legal intricacies and implications.

DVAT: Coconut Oil sold as Hair Oil cannot be classified as Edible Oil

January 11, 2024 1617 Views 0 comment Print

Since the coconut oil was sold by assessee in small packs; was displayed in the category of hair care; the manner in which it was to applied on hair; and the purpose for which it was purchased by the consumer leave no manner of doubt that the coconut oil sold by assessee was classifiable in a residual entry attracting tax at the rate of 12.5% .

Denial of 80IA Benefit in 4th Year Unjustified: Delhi HC

January 10, 2024 942 Views 0 comment Print

Delhi High Court ruling on Income Tax: Department’s U-turn on 80IA deduction in the 4th year deemed unjustified. Case analysis of PCIT vs. BT Global Communications India Pvt. Ltd.

Reopening Completed Assessment Requires Incriminating Material under IT Act Section 132

January 10, 2024 1248 Views 0 comment Print

Delhi High Court rules assessment can be reopened only with incriminating material found during Section 132 search. Details on Shyam Sunder Jindal vs ACIT case.

Delhi HC Orders Income Tax Commissioner to Accept BCI’s Form No. 10

January 10, 2024 945 Views 0 comment Print

Read the detailed analysis of Bar Council of India vs CIT case by Delhi High Court. Learn how the court directed the acceptance of Form 10 after condoning the delay.

Delhi HC Rules Investment in Indian subsidiary Shares is Capital Account Transaction

January 10, 2024 1182 Views 0 comment Print

Delhi High Court judgment in Nestle SA vs ACIT clarifies that investment in shares by Nestle in its Indian subsidiary is a capital account transaction, not income.

Retrospective GST Registration Cancellation invalid if order not specify reasons for such cancellation: Delhi HC

January 10, 2024 3405 Views 0 comment Print

Read the Delhi High Court verdict on Shree Ram Metal vs Commissioner of Delhi Goods and Services Tax Act, highlighting the importance of reasoned decisions in GST registration cancellations.

Investment in Indian Subsidiary Shares Not Taxable: Delhi HC

January 9, 2024 2238 Views 0 comment Print

Read the detailed analysis of Angelantoni Test Technologies SRL Vs ACIT case in Delhi High Court. Learn how investment in Indian subsidiary shares is deemed capital account transaction, not taxable income.

HC directs AO to pass appeal effect order & Issue Income Tax refund with interest

January 9, 2024 2010 Views 0 comment Print

Explore Delhi High Court’s directive in case of Brillon Consumer Products Pvt. Ltd. vs. DCIT. Detailed analysis of IT refund and appeal effect order.

Ultra Tech’s Writ Petition Against CCI Order on Cement Cartelisation Quashed

January 8, 2024 1845 Views 0 comment Print

Assessee-company was a public company principally engaged in the business of manufacturing and marketing of grey cement, building and cement related products. Competition Commission of India (CCI) was a statutory authority constituted under the Competition Act, 2002.

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