Madras High Court

Amendment to Section 40(a)(ia) by Finance Act 2010 was retrospective

CIT Vs Archean Granites Private Ltd. (Madras High Court)

CIT Vs Archean Granites Private Ltd. (Madras High Court) The purpose of the amendment made by the Finance Act, 2010 is to solve the anomalies that the insertion of section 40(a)(ia) was causing to the bona fide tax payer. The amendment, even if not given operation retrospectively, may not materially be of consequence to the […]...

Read More

Interpret Dispute Resolution Scheme (SVLDR 2019) fairly: HC

Navin Housing and Properties (P) Ltd. Vs Designated Committee under Sabka Vishwas Legacy (Madras High Court)

the objective of the Dispute Resolution Scheme is to reduce legacy tax disputes and therefore, fairness should be there while interpreting the provisions of the scheme....

Read More

HC directs GSTN for migration/transition of credit

Guru Shoe Components and Company Vs Goods and Services Tax Council (GST Council) (Madras High Court)

The petitioner states that since no provisional ID was received from GSTN, it proceeded to utilise an ID using random units that, admittedly, has no basis and was defective. Using this ID, business was conducted during the period 01.07.2017 to 21.08.2017 and credit was also earned....

Read More

COVID-19: HC allows 6 Month to pay tax dues: Defreezes bank account

Shree M. Revathi Printers Vs DCIT (Madras High Court)

High Court states that by taking into consideration the situation of COVID-19 pandemic, court directed officer to de-freeze the bank account maintained by the petitioner....

Read More

HC Grant Refund for Excess Custom Duty paid as per Amended Section 25

Ruchi Soya Industries Limited Vs Union of India (Madras High Court)

The issue under consideration is whether the petitioner is liable for the refund for the excess amount of duty paid under customs as per the amended section 25 of Customs Act?...

Read More

Cenvat Credit refund denial for Mere Non-Registration of Premises is unjustified

Commissioner of GST & Central Excise Vs M/s. Pay Pal India Pvt. Ltd. (Madras High Court)

The issue under consideration is whether denial of a refund of Cenvat credit for mere non-registration of Premises is justified in law? learned Tribunal held that refund claimed by the Assessee on Cenvat Credit cannot be disallowed merely because the premises in question was not registered with the Revenue Department....

Read More

Section 36(1) override Section 145A- Interest allowable when Asset put to use

Mahindra World City Developers Ltd. Vs ACIT (Madras High Court)

The issue under consideration is whether the Tribunal was right in law in holding that the interest expenditure is Capital in nature...

Read More

Transitional Credit eligible only when claimed within time: HC

P.R. Mani Electronics Vs Union of India (Madras High Court)

P.R. Mani Electronics Vs Union of India (Madras High Court) Section 140 of the CGST Act read with Rule 117 of the CGST Rules enables a registered person to carry forward the accumulated ITC under erstwhile tax legislations and claim the same under the CGST Act. In effect, it is a transitional provision as is […]...

Read More

Expenses cannot be excluded from Export Turnover u/s 10AA merely because it is in Foreign Currency

Renault Nissan Technology & Business Centre India Private Limited Vs CIT (Madras High Court)

The issue under consideration is whether the foreign currency expenditure need to be excluded from the ‘export turnover’ of the assessee for the purpose of computing deduction under Section 10AA of the Act?...

Read More

Fake ITC: HC modifies Bail Conditions considering COVID-19

A. Mohideen Vs The Senior Intelligence Officer (Madras High Court)

HC modify Conditions of Bail considering the inability of accused to comply with same due to COVID-19....

Read More

Browse All Categories

CA, CS, CMA (4,872)
Company Law (6,362)
Custom Duty (7,860)
DGFT (4,270)
Excise Duty (4,380)
Fema / RBI (4,294)
Finance (4,536)
Income Tax (33,922)
SEBI (3,599)
Service Tax (3,578)