The Calcutta High Court has set aside a GST demand against P.G. Exim, remanding the case for fresh adjudication after the company claimed earlier proceedings were dropped without their knowledge.
The Calcutta High Court has stayed a GST demand against P.G. Exim, citing the lack of a constituted Appellate Tribunal for the company to file an appeal.
Andhra Pradesh High Court held that revision order passed beyond time prescribed under section 108(2) of the AP GST Act, 2017 is barred by limitation. Further, extension of limitation granted during COVID is available to litigants and not to the authorities.
ITAT Mumbai held that trade receivable shown as net of provision for doubtful debts would not be hit by section 115JB(i) of the Income Tax Act. Accordingly, addition of provision of bad and doubtful debts to book profits computed u/s. 115JB not sustained.
The present petitions were filed challenging the impugned order dated 28thApril, 2025 passed by the High Court at Calcutta. The issue pertains to release of the goods which were seized by the police after registration of First Information Report.
The Supreme Court has remanded a case to the Karnataka High Court to re-examine the priority dispute between EPFO dues and secured creditors under the SARFAESI Act. The ruling mandates a new hearing to balance these competing claims.
Supreme Court confirmed validity of a two-decade-old auction sale for an agricultural plot but mandated buyer to pay additional compensation and get land surveyed to ensure sale’s finality and fairness.
Supreme Court dismisses ONGC’s appeal, affirming an arbitral award for a contractor. The Court clarifies that a general ‘no interest’ clause is insufficient to bar an arbitrator from awarding pendente lite interest.
The ITAT Ahmedabad bench ruled that loans from current accounts for business purposes cannot be classified as deemed dividends under Section 2(22)(e) of the Income Tax Act. Learn why this decision matters for inter-company financial transactions.
Supreme Court overturns NCLAT, nullifying a gift deed and share transfer, and reinstating Shailja Krishna as the majority shareholder of Satori Global Ltd. Key takeaways for corporate law and NCLT jurisdiction.
