Telangana HC directed Income Tax Department to expedite processing of a rectification application filed by Virtusa Consulting Services Private Limited.
Telangana High Court judgment on private medical colleges’ GST liability for affiliation and inspection fees. Analysis and implications of the decision.
Revenue had placed no material on record to show that the loose papers were in the hand-writing of assessee and there was no corroborative material on record to prove that the expenditure recorded in the said loose papers was incurred by assessee. Therefore, no addition could be made on account of undisclosed expenses.
Telangana High Court has held that notices and proceedings initiated against the amalgamated Company (i.e. non-existing company) deserves to be set aside/quashed. Accordingly, entire proceedings held as bad-in-law.
Telangana High Court held that once sanction has been given to a particular authority, i.e., the Deputy Director of Income Tax, the prosecution has to be launched by him alone and not by the Assistant Director of Income Tax. Thus, the authority which has initiated the prosecution must have sanction of law. Otherwise, it amounts to illegal action.
Telangana High Court declares Section 148 notices issued by Jurisdictional Assessing Officer invalid post-amendment under Section 151A of the Income Tax Act.
Explore the recent Telangana High Court decision in the case of Nektar Therapeutics India Pvt Ltd vs Union of India, where the court quashed a show cause notice due to its issuance by an improper officer.
Telangana High Court allowed credit for advance tax and TDS resulting into refund of Rs. 51.66 Crores on upload of migration order which was earlier not able to be uploaded.
Explore case of Virtusa Consulting Services Pvt. Ltd. vs. DCIT in Telangana High Court, where petitioner seeks disposal of a rectification application and grant of refunds for pre-paid taxes.
Telangana High Court references CBIC’s Notification No. 03/2023, enabling Integrated Techno Systems to apply for revocation of GST registration. Details revealed in the judgment.
