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Delhi High Court

Bail granted in Religare Finvest Misappropriation of Funds Case after Completion of Investigation

June 12, 2023 1203 Views 0 comment Print

Delhi High Court in the case of alleged misappropriation of funds of Religare Finvest Ltd granted the bail as investigation is complete and main chargesheet as well as supplementary chargesheet filed before the learned Trial Court.

PMLA Case: Delhi High Court Advises Beneficial Property Interest Claimants to Approach Appellate Tribunal

June 12, 2023 1776 Views 0 comment Print

Delhi High Court judgment directing JC. Flowers to appeal to Appellate Tribunal under Section 26 of PMLA for a claim of beneficial interest in property.

Unusual Salary Disparity: HC directs ICAI to pass a reasoned & speaking order

June 12, 2023 813 Views 0 comment Print

Landmark decision by Delhi High Court in the case of Alok Malhotra vs Institute Of Chartered Accountants Of India, addressing an anomaly in salary caused by an Accelerated Promotion Scheme.

GST Refund on Zero Rated Supplies Can’t be Denied due to Appeal

June 12, 2023 960 Views 0 comment Print

Delve into the Delhi High Court ruling that highlights the inviolable right to a GST refund on zero-rated supplies, regardless of any potential appeal by the GST department, in the case of Netgear Technologies India Pvt Ltd vs The Assistant Commissioner GST

Rejection of bid for not meeting qualification criteria doesn’t warrant interference of court under Article 226

June 10, 2023 366 Views 0 comment Print

Delhi High Court held that rejection of bid of the petitioner by SAIL for not meeting the qualification criteria is not arbitrary and hence interference by this Court under Article 226 of the Constitution of India unwarranted.

CCI has no jurisdiction to compel ICAI to outsource organization of CPE seminars

June 10, 2023 450 Views 0 comment Print

Delhi High Court held that it is outside the jurisdiction of the Competition Commission of India (CCI) to compel a statutory body (ICAI) to outsource organization of CPE seminars, workshop or conferences.

Delhi HC Orders Re-Adjudication on Same-Day Notice & Reassessment Order

June 8, 2023 678 Views 0 comment Print

In a recent judgment, the Delhi High Court set aside the order and notice issued under Section 148A(d) and 148, respectively, in the case of Premium Estates Pvt. Ltd. vs. ACIT. The court directed the Assessing Officer to conduct a de novo assessment after the petitioner received the notice on the same day as the order.

Reasoned outcome based on analysis of material prevails when two contradictory outcomes are delivered

June 8, 2023 552 Views 0 comment Print

Delhi High Court held that when two contradictory final outcomes is delivered vide two different orders, the reasoned outcome based on analysis of material prevails over outcome without an iota of reason.

Provisional attachment u/s. 83 of CGST Act for securing revenue of another taxable person is unjustified

June 7, 2023 1161 Views 0 comment Print

Delhi High Court held that invocation of provisional attachment provisions u/s 83 of the CGST Act for securing the revenue of another taxable person (and not for the interest of government revenue) is unsustainable in law.

Filing of B/E u/s 46 inapplicable for gold jewellery, exported for exhibition, being re-imported

June 7, 2023 525 Views 0 comment Print

Delhi High Court held that, in respect of gold jewellery, which was exported for exhibitions and re-imported into the country, the procedure of filing of a B/E, under Section 46 of the Customs Act, was inapplicable.

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