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Delhi High Court

HC Set Aside Directors Disqualification on June 2017 considering CFSS 2020

September 2, 2020 4449 Views 0 comment Print

Companies Fresh Start Scheme, 2020 provides an opportunity for active companies who may have defaulted in filing of documents, to put their affairs in order. It thus provides Directors of such companies a fresh cause of action to also challenge their disqualification qua the active companies.

HC allows Kyrgyzstan National accused of Gold Smuggling to Back to Kyrgyzstan for 45 days

August 31, 2020 687 Views 0 comment Print

The present petition is filed by one Kyrgyzstan National who is seeking permission to go back to Kyrgyzstan which is earlier denied by the Customs Authority bacause 3150 gms of gold was recovered from the possession of the petitioner.

Rejection of Form SVLDRS-1 justified if Assessee not declares all his tax dues

August 31, 2020 1482 Views 0 comment Print

Chaque Jour Hr Services Pvt. Ltd. Vs. Union of India & Ors. (Delhi High Court) Section 129 nowhere contemplates fragmented settlement of tax dues. The discharge certificate issued under Section 126 with respect to the amount payable under Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019 (SVLDRS’) is considered to be conclusive as to the matter […]

Shared received post amalgamation taxable as per substance of transaction to be Valued Entirely on Different Fundamentals

August 28, 2020 7683 Views 0 comment Print

The issue under consideration is whether proceeds release from shares exchange with new shares because of amalgamation process will be taxable under income tax?

HC Stays Insolvency Proceedings initiated by SBI against Anil Ambani

August 27, 2020 1476 Views 0 comment Print

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 Without a Weeks Prior Notice: Delhi HC

August 27, 2020 1509 Views 0 comment Print

No Coercive Action by DGGI against Respondent Without a Weeks Prior Notice: Delhi HC

Employee of PSU & Nationalised Banks Not Treated as Government Employee for Exemption u/s 10(10AA)

August 25, 2020 252234 Views 52 comments Print

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)?

No Equalisation Levy Applicable in case of Mastercard Asia

August 25, 2020 3369 Views 0 comment Print

The issue under consideration is whether the equalisation levy will be applicable in case of Mastercard Asia or not?

HC Dismisses Petition Seeking Relief from Pre-deposit for Filing Appeal before Tribunal

August 19, 2020 1914 Views 0 comment Print

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 […]

RTI Seeking Details of Minutes of Meeting of GSTN – HC refers matter back to CIC

August 18, 2020 9555 Views 0 comment Print

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?

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