Sikkim HC ruled that non-banking cooperative societies can claim deductions on interest income from cooperative banks, reversing ITAT’s misinterpretation of section 80P(4).
High Court ruled that a writ challenging an order under Section 148A(d) is maintainable even when statutory appeals are available, emphasizing jurisdictional and legal issues.
Sikkim High Court held that section 54 of the Central Goods and Services Tax Act [CGST Act] doesn’t envisage refund of unutilized ITC for closure of business. Thus, rejection of refund application is within parameters of section 54 and lawful.
Sikkim High Court held that order of Assistant Commissioner (GST) denying budgetary support claim is liable to be quashed and set aside. Accordingly, writ petition stands disposed of.
The Sikkim High Court ruled in favor of Torrent Pharmaceuticals, setting aside an order to recover a Rs. 12 crore refund based on a binding judicial precedent.
The Sikkim High Court’s ITAT has remanded tax appeals for Raju V. Mahakalkar for fresh hearing due to the assessee’s repeated failure to submit evidence during assessment and appellate proceedings.
Sikkim High Court sets aside tax authority’s order, allowing SICPA India Pvt. Ltd. to claim refund of unutilized Input Tax Credit upon business discontinuation.
Sikkim High Court held that in Budgetary Support Scheme though the claims are to be filed quarterly, however the amount of reimbursement of budgetary support has to be calculated on a monthly basis.
Sikkim High Court rules that the expanded definition of ‘Sikkimese’ under Section 10(26AAA) of the Income Tax Act does not impact indigenous rights.
The Sikkim High Court dismissed an appeal by the Commissioner of Central Goods and Services Tax and Central Excise, upholding a refund claim by Alkem Laboratories Ltd. The court rejected the appellant’s attempt to reopen a settled matter and imposed a cost on the appellant, which was later waived.
