Sponsored
    Follow Us:

Judiciary

No opportunity is being provided to petitioner: Delhi HC directs DGFT to reconsider

January 10, 2025 384 Views 0 comment Print

Writ petitions were filed challenging the minutes of meeting held on 08.11.2024, though which TRQ (Tariff Rate Quota) allotted to petitioners by the respondent for import of bullion. Petitioners are dealing in business of import of gold.

No additions can be made without incriminating material in cases of completed assessments

January 10, 2025 3672 Views 0 comment Print

ITAT Jaipur examines Harish Jain’s appeal regarding additions on undisclosed income and retraction of statements during search operations. Detailed case analysis.

Granting opportunity of hearing not mandatory for Local Committee on High Pitched Scrutiny Assessment

January 9, 2025 765 Views 0 comment Print

Madras High Court held that Local Committee on High Pitched Scrutiny Assessment are not required to grant an opportunity of being heard as there is no provisions laid down in the SOP. Accordingly, writ dismissed.

IRP fees to be paid from date of charge till date of appointment of new resolution professional

January 9, 2025 222 Views 0 comment Print

NCLAT Chennai held that fees is payable to Interim Resolution Professional (IRP) from the date he took charge of IRP till the date of appointment of new Resolution Professional. Accordingly, directed to pay additional fees from 53 days.

Closure letter was issued: CESTAT sets aside Penalty

January 9, 2025 477 Views 0 comment Print

In the order above mentioned CESTAT allowed appeal of the assessee and held that that closure letter was already issued by the authority.

Financial creditor can prefer application u/s. 7 of IBC even after possession over assets of corporate debtor

January 9, 2025 144 Views 0 comment Print

NCLT Kolkata held that a secured creditor having possession over the assets of the corporate debtor does not lose its rights to file an application under Section 7 of the Insolvency and Bankruptcy Code.

Duty demand due to non-fulfilment of export obligation justifiable: CESTAT Chennai

January 9, 2025 171 Views 0 comment Print

CESTAT Chennai held that duty demand due to non-fulfilment of export obligation justified as department empower to recover escaped duty when post importation conditions are not fulfilled. Accordingly, appeal dismissed.

Bill of Entry amendment for claiming benefit of duty exemption certificate after clearance of goods allowed

January 9, 2025 198 Views 0 comment Print

CESTAT Allahabad held that amendment of bill of entry under section 149 of the Customs Act, 1962 for claiming benefit of duty exemption certificate received after clearance of goods allowed. Accordingly, appeal of revenue dismissed.

Matter of addition u/s. 69A remanded as documents not produced before lower authorities

January 9, 2025 159 Views 0 comment Print

ITAT Ranchi remanded the matter regarding addition under section 69A of the Income Tax Act back to the file of CIT(A) since paper books was not produced before AO or CIT(A).

Notice and order issued based on suo motu PAN issued by department is unjustifiable: Patna HC

January 9, 2025 111 Views 0 comment Print

The petitioner is aggrieved with the demand raised under a new PAN number distinct and different from the PAN number under which the petitioner has been filing return, which was validly issued to her by the department.

Sponsored
Sponsored
Search Post by Date
February 2025
M T W T F S S
 12
3456789
10111213141516
17181920212223
2425262728