Explore the detailed analysis of Lovelesh Singhal Prop Shivani Overseas vs Commissioner case, where Delhi High Court emphasizes adherence to proper tax recovery procedures.
Delhi High Court granted the bail application in the extortion case concluding that merely because the petitioner has been alleged to be a Hawala Operator, the bail cannot be denied to him.
Gains arising from sale of a share of a company incorporated overseas, which derives less than 50% of its value from assets situated in India would certainly not be taxable under section 9(1)(i) of the Act read with Explanation 5 thereto.
Delhi High Court held that while judging as to whether a person is fit and proper to be appointed as an Insolvency Professional his past actions and conduct cannot be ignored. Accordingly, refusal to grant registration as an Insolvency Professional justified as petitioner found guilty of fraudulent practices violating market integrity.
Delhi HC ruling on PCIT vs. Clix Finance: Examining tax implications of loan sale, addressing disallowance under Section 14A.
Delhi High Court held that the Income Tax Act does not seem to cast a burden on the deductee/payee with regard to the deposit of money, which is retained as tax, by the payer i.e., the deductor.
Read about the Delhi High Court’s decision upholding simultaneous arbitration and Section 138 NI Act proceedings, emphasizing their separate causes of action.
Delhi High Court directs restoration of GST registration for ATT SYS India Pvt Ltd, canceled without a hearing. Analysis of the judgment and its implications.
Delhi High Court’s dismissal of a public interest petition challenging customs circulars on gold seizures. The court found petitioner lacked standing.
Delhi High Court judgment on Reliable Enterprises vs Commissioner Delhi GST. Detailed analysis of the quashing of GST registration cancellation, Rule 25 violation, and the remand order.
