In a recent judgment, the Madras High Court permitted a 60% depreciation rate on computer software licenses, emphasizing the specific entry in the tax laws and clarifying the treatment of non-compete fees as revenue expenditure.
Read the Madras High Court judgment on the classification of Upgraded Beneficiated Ilmenite and its impact on duty drawback. A detailed analysis of the case.
Madras High Court remanded the matter back to the Assessing Officer since Assessing Officer failed to consider the reply/ objections made by the petitioner. Passing of order without considering the reply/objection results into non-speaking order.
Madras High Court quashes the cancellation of a GST registration due to the department’s failure to inform the taxpayer. Get the full judgment details.
Madras High Court challenges ITC disallowance under TNVAT Act due to mismatch and purchase suppression, directing denovo adjudication.
Madras High Court held the writ petition as premature as it is open to the petitioner to raise all the objections before the assessing authority in respect of show cause notice before completion of assessment. Accordingly, writ petition disposed of.
Madras High Court remits a case back to the authorities, asking them to review a delay in filing a tax application under Section 264 of the Income Tax Act.
Madras High Court dismisses a writ petition challenging an assessment order, directing the petitioner to explore remedies through the Appellate Commissioner.
Madras High Court sets aside an order passed by the ITO for failing to consider an adjournment request and requests the petitioner to submit supporting documents
Madras High Court held that the product Aluminium Foil Container is classifiable under 7615 with GST 12%. Accordingly, demand of GST claiming that product is classifiable under 7067 @18% tax is unsustainable in law.
