Delhi High Court quashes cancellation of GST registration due to lack of specified violations in the Show Cause Notice.
Delhi High Court held that the assessment of tax under Section 143(1) of the Income Tax Act is a self-assessment and in a strict sense cannot be stated as assessment framed by the AO for the purpose of reopening of assessment under section 147.
Delhi High Court held that TDS deducted by the employer and not deposited cannot be demanded from the employee. Thus, order demanding the TDS amount is liable to be set aside.
The petitioner’s challenge to the notice dated 23.06.2024, issued u/s. 143(2) of the Act, is premised on the basis that it has been issued by an officer, who is not a „prescribed income-tax authority’.
Delhi High Court held that goodwill could be considered as an intangible asset and the same is eligible for depreciation. Assets acquired de-valued, hence balance amount treated as intangible asset and the same is eligible for depreciation.
Delhi High Court upholds Customs compounding fees under the Customs Act, finding the imposed amounts reasonable and dismissing petitioners’ appeal for reduction.
CDB qualifies as a financial institution wholly owned by Government of China, thereby making interest payments exempt from taxation under amended provisions of DTAA.
Delhi HC sets aside GST order on ITC claims, granting two weeks for the petitioner to submit supporting documents for fresh assessment by the adjudicating authority.
Delhi HC ruled that GST registration cancellation doesn’t exempt tax liability or penalties for non-compliance. Petitioner liable despite cessation of business.
Delhi HC rules in Sadhna Kohli vs. Sales Tax Officer case, allowing fresh response to GST SCN after portal accessibility issues.
