Analysis of the Delhi High Court’s ruling in Blackberry India Pvt Ltd vs Assistant Commissioner on interest calculation for excise duty refund.
Analysis of Ramky Infrastructure Limited vs. Commissioner of Trade & Taxes case on DVAT Act interest calculation for refunds and tax liability. Legal insights.
Standard Chartered Bank UK, challenged the validity of the reassessment order on the grounds of jurisdiction and non-consideration of crucial information provided in its response to the notice.
Analysis of Himanshu Infratech vs ITO case from Delhi High Court. Quashing of reassessment due to delay in issuance notice u/s 148A(b) because of technical glitches on ITBA.
Analysis of PCIT vs Eltek SGS Pvt Ltd case. Delhi High Court upholds the allowance of depreciation on goodwill arising from an amalgamation despite no cash payment.
Delhi High Court held that exemption under section 10(23C)(iiiac) of the Income Tax Act is available when government grant exceeds 50% of total receipts (and not total income) including voluntary contribution.
Delhi High Court held that as the appellants couldn’t be held to have been violated any provision of the Legal Metrology Act, they shouldn’t be held liable to pay a compounding fee. Compounding fee is not in nature of a tax or duty.
Delhi HC in v Shivbhola Filaments Private Limited. v. Assistant Commissioner of CGST restored refund application rejected by Adjudicating Authority and held that assessee would not be left unheard.
Delhi High Court dismisses the Income Tax Departments appeal against Meera Gupta for Assessment Years 2009-10, 2011-12 & 2013-14, affirming SC ruling.
Delhi HC sets aside reassessment order against Riya Gangwani for AY 2019-20, passed without considering the replies. Liberty given to AO for a fresh order.
