In M. Balasubramaniam v Federal Bank, DRAT Chennai ordered guarantors to pay pro-rata dues of ₹9.03 lakhs each but imposed 6% simple interest from 2002 due to their negligence in the appeal.
Rajasthan High Court quashed rejection of a delayed GST appeal, holding that limitation under Section 107(1) begins from actual communication of order, not just its upload on GST portal. Appeal restored for hearing.
The Delhi High Court clarifies the interpretation of CBDT’s compounding guidelines, ruling that an assessee cannot be charged a higher fee of 5% on a second application if the first was merely rejected and the offence was never compounded.
ITAT Ahmedabad has ruled on a capital gains case, allowing the cost of property improvement and a Section 54 deduction for a joint investment based on contribution ratio.
Delhi High Court orders release of a startup’s goods held by Customs, citing an inexplicable delay and directing a review of policies for MSMEs.
The Allahabad High Court nullified seizure orders against M/s MLV Constructions finding that the tax authorities failed to issue a mandatory show-cause notice to the owner of the goods violating Section 129(3) of the Central Goods and Services Tax Act, 2017.
ITAT Chennai asks CIT(E) to reconsider Bright Educational Trust’s delayed 80G application under amended Section 80G(5)(iv)(B) of the Income Tax Act, effective 01.10.2024.
The Supreme Court of India dismissed a tax appeal against Kalyan Jewellers, affirming that the extended limitation period cannot be applied without proof of suppression or misstatement.
The Gujarat High Court quashed a customs duty reassessment against Mohit Minerals, ruling that authorities must provide a hearing and a speaking order before finalizing assessments.
The Karnataka High Court directed the IT Department to refund excess TDS to the Azim Premji Foundation, along with statutory interest, stressing that refunds cannot be indefinitely withheld.
