Kerala High Court held that depreciation allowance is deemed to be business loss for section 71 and 72 and can be set off only against profits or gains of business and not against income from any other sources.
Kerala High Court held that income received by Co-operative Society by way of interest, on deposits of surplus profits earned by it, qualifies for the deduction contemplated under Section 80P(2)(a) of the Income Tax Act.
Kerala High Court held that competent authorities under the Income Tax Act is entitled to seek interim custody of the currency notes that are seized and produced before the Jurisdictional Magistrate.
Kerala High Court directs the government to appoint GST Appellate Tribunal members within four months, but denies amendments to Section 169 of the CGST Act.
Kerala High Court directs consideration of ITC rectification application due to GST filing mismatch, mandating a hearing within 3 months.
Kerala High Court held that condonation application for delay in filing the audit report in Form-10B should have been considered without being too hyper technical and in a judicious manner.
In lieu of the appellant discontinuing the commodity brokerage business, BNP Paribas offered compensation of Rs.40 crores. Pursuant thereto, in a meeting held on 23.05.2008, resolution was passed by the Board of Directors of the appellant accepting the said offer.
Kerala HC rules CGST Act provisions are self-contained, excluding Limitation Act for appeal delays. Dismisses writ petition on grounds of time-barred appeal.
Kerala High Court grants a petitioner the opportunity to challenge GST assessment orders uploaded post-registration cancellation, subject to deposit of ₹10 lakhs.
Kerala HC holds that writs are not maintainable against orders of the First Appellate Authority under the Kerala Building Tax Act; revisional jurisdiction is available.
