The issue under consideration is whether proceeds release from shares exchange with new shares because of amalgamation process will be taxable under income tax?
Delhi High Court stays IBC proceedings against Anil Ambani. Counter-affidavits to be filed. Proceedings against petitioner under Part-III of IBC stayed.
No Coercive Action by DGGI against Respondent Without a Weeks Prior Notice: Delhi HC
The issue under consideration is whether the assessee being employee of Public Sector Undertaking (PSU) and Nationalised Banks treated as government employee for the purpose of exemption u/s (10AA)(i)?
The issue under consideration is whether the equalisation levy will be applicable in case of Mastercard Asia or not?
Dish TV India Limited Vs Union of India & Ors. (Delhi High Court) High Court dismissed the petition filed for seeking relief from Pre-deposit for filing of appeal since the assessee is earning sufficient turnover to pay the pre-deposit and hence court has clearly state that the Tribunal will entertain the appeal only on payment […]
The issue under consideration is whether RTI application seeking disclosure of Minutes of the Board Meeting & resolutions of Goods & Service Tax Network (GSTN) by information commissioner will be sustain in law?
Seventh Plane Network Private ltd. Vs. Union of India & ORS. ( Delhi High Court) The issue under consideration is whether the petitioner was eligible to apply under the SVLDRS, 2019 even if the amount of duty involved in the audit had not been quantified before 30th June, 2019? High Court states that, the audit […]
High Court direct GST authorities to decide Question of IGST & Duty Drawback
Gaurav Yadav & Anr. Vs Union of India & Ors. (Delhi High Court) (a) What items are to be included under the Essential Commodities Act, 1955 as ‘Essential Commodity’, is a policy decision of the respondent/Government and, therefore, unless the decision can be shown to be manifestly unreasonable or arbitrary, this Court will be extremely […]
