The Kerala High Court has dismissed an appeal for an income tax exemption, ruling that a bank’s Exit Option Scheme did not satisfy the VRS criteria under Section 10(10C).
Mere initiation of reassessment proceedings, which remain unfinalized, could not be a ground to deny an assessee the benefits available under the Direct Tax Vivad Se Vishwas (DTVSV) Scheme, 2024.
Kerala High Court upholds tax on Guruvayur Devaswom’s voluntary contributions, affirming that the right to own property is not immune to tax laws.
The Kerala High Court has moved a temple’s tax exemption claim from the Devaswom Bench to the Income Tax Bench, clarifying judicial jurisdiction.
Kerala High Court held that no taxable event under the provisions of the Kerala Value Added Tax Act [KVAT Act] had occurred in respect of displaying advertisement on hoardings as there was no transfer of right to use the hoardings. Accordingly, writ disposed of.
Kerala High Court allowed the writ petition inspite of availability of an alternate remedy since there is a violation of principles of natural justice. Thus, writ allowed and final order of NCLT set aside.
Kerala High Court grants interim relief to South Coast Spices, staying coercive tax recovery until appeals and stay petitions against assessment orders are heard.
Kerala High Court temporarily halts recovery proceedings under Section 147 against assessee, pending tax authorities’ decision on delay condonation and stay petitions.
Kerala High Court quashes tax notice against company after NCLT approved resolution plan, citing IBC’s ‘clean slate’ principle.
The responsibility for recovering unpaid tax lies properly and primarily with the tax authorities, who must proceed against the defaulting seller, rather than against the innocent purchasing dealer who has fulfilled all obligations imposed by the Act.
