Gujarat High Court quashes GST demand on Saurashtra Tin And Metal Industries, affirming no GST on assignment of GIDC plot leasehold rights.
India’s Supreme Court clarifies judge assignment for bail applications from same FIR, aiming for consistent rulings while accommodating High Court roster changes.
Supreme Court rules retracted confessions can’t be sole basis for guilt without corroboration, citing ED’s serious negligence and non-production of evidence.
Rajasthan High Court granted bail in a money laundering case, emphasizing prolonged incarceration as an Article 21 violation and citing Supreme Court precedents.
Ahmedabad ITAT rules in Greenfield Reality case to tax only 8% profit on unaccounted on-money, deleting separate additions for expenses and cash credits.
ITAT deletes interest disallowance under Section 36(1)(iii) for lack of nexus and upholds telescoping of expenses to avoid double addition of unaccounted cash.
ITAT Ahmedabad reviews Sankalp Recreation’s tax appeals concerning unaccounted income, expenses, book rejection, and PF/ESIC disallowances following a search operation.
Amritsar ITAT sets aside reassessment against Bhai Industries Pvt. Ltd., citing lack of independent AO application of mind and denial of cross-examination in bogus purchases case.
ITAT Amritsar overturns Holy Faith International’s reassessment, citing AO’s failure to independently apply mind on external info and denial of cross-examination.
NCLAT Delhi held that direction of making contribution to the assets of Corporate Debtor upheld as person knowingly carried on the business of Corporate Debtor with intent to defraud creditors or for fraudulent purpose.
