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Delhi High Court

Delhi HC Sets Aside GST Registration Cancellation Notice for lacking specific allegations

October 14, 2024 396 Views 0 comment Print

Delhi HC sets aside GST registration cancellation due to vague show cause notice lacking specific reasons. The court emphasizes natural justice principles.

Delhi HC Dismisses Petition Challenging Bail in ₹200 Crore Fake GST Case

October 14, 2024 4200 Views 0 comment Print

Delhi High Court dismisses the petition challenging statutory bail granted to Adesh Jain in a ₹200 crore fake GST invoice case. Legal provisions under Section 167(2) upheld.

Delhi HC Sets Aside GST Registration Cancellation Over Inadequate SCN Details

October 14, 2024 210 Views 0 comment Print

Delhi HC quashes GST registration cancellation due to lack of specific fraud details in SCN, citing violation of natural justice principles.

GST registration cancellation cannot be withheld for assessing liability: Delhi HC

October 14, 2024 132 Views 0 comment Print

Delhi HC rules that GST registration cannot be withheld due to pending liabilities. Directions issued to process cancellation request swiftly.

KPO Service Provider Not Comparable to ITES for Transfer Pricing Benchmarking

October 14, 2024 492 Views 0 comment Print

Delhi HC ruling clarifies that KPO service providers aren’t comparable to ITES providers for benchmarking international transactions.

NOF Default: Delhi HC Orders RBI to Reconsider NBFC Registration Cancellation  

October 14, 2024 624 Views 0 comment Print

Delhi High Court sets aside RBI’s cancellation of NBFC registration for failure to meet Rs. 200 Lakh NOF, directs fresh review of compounding application.

No Interest Adjustment for AE if No Interest Charged from Unrelated Third Party

October 11, 2024 639 Views 0 comment Print

Delhi High Court upholds ITAT ruling in PCIT vs Global Logic India Ltd., addressing deferred payments and international transactions under Section 92B of the IT Act.

Indian Subsidiary Compensated at ALP Not a Dependent Agent PE: Delhi HC

October 11, 2024 258 Views 0 comment Print

Delhi HC rules Krones’ Indian subsidiary is not a Dependent Agent PE, dismissing the tax authority’s appeal.

Forex Fluctuation Loss in Trading Not a Non-Operating Loss: Delhi HC

October 11, 2024 522 Views 0 comment Print

Delhi HC ruled that forex loss directly linked to trading items cannot be treated as non-operating loss, dismissing the appeal in Samsung India case.

Delhi HC Directs Petitioner to Approach DRT; No Writ Against NBFC

October 11, 2024 204 Views 0 comment Print

Delhi HC dismisses writ petition against NBFC under SARFAESI Act. Petitioner advised to approach DRT for resolution. Fraud allegations under investigation.

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