Punjab and Haryana High Court imposes Rs. 10K costs on Income Tax Department for procedural lapses in serving notice under Section 148A(b) of the Income Tax Act. Full judgment details included.
Explore the Punjab and Haryana High Court’s judgment in Global Health Ltd vs. Union of India on refund rejection grounds. Analysis, implications, and legal insights.
Punjab and Haryana High Court held that addition under section 69 of the Income Tax Act towards unexplained investment unsustainable as nature and source of the investment duly explained.
The Honble High Court of Punjab and Haryana at Chandigarh. The petitioner is a dealer in textiles registered with the State Authorities. It availed input tax credit. Input tax credit was sought to be denied on the allegation that the supplier is non-genuine tax payer at bogus entities.
Punjab and Haryana High Court ruled in Deepak Sales Corporation vs. Union of India that no interest or penalty is applicable when input tax credit is not utilized.
Punjab and Haryana High Court held that non-conveying of grounds of arrest in writing is not sufficient compliance of the provisions of Section 19 of the PMLA and Article 22 of the Constitution of India. Accordingly, arrest of the present petitioner illegal and cannot be sustained.
Punjab and Haryana High Court reiterates that life conviction without remission can only be imposed by High Courts or the Supreme Court, not by Trial Courts.
HC dismissed writ petition as petitioner didn’t pursue available appeal remedy; citing non-exhaustion of legal alternatives.
Punjab & Haryana High Court judgment on Fresenius Kabi Oncology Ltd. vs. Union of India: Innovation & Development services to a German company considered an export of service.
Punjab and Haryana High Court rules that once goods are cleared for home consumption, they are not considered imported goods, and therefore not liable for seizure.
