Madras High Court rules real estate developers must secure 2/3rd buyer consent for major plan alterations, quashing unilateral approvals.
NCLAT Delhi held that the objection that petitioner has not amended the petition cannot mean that on the basis of leave granted to serve amended petition Respondent – Union of India can add relief without filing any application and without obtaining order of the Court.
The ITAT Delhi has nullified a tax assessment against SEH Realtors Pvt. Ltd., ruling that the Section 153D approval was granted mechanically without due application of mind.
Delhi High Court rules bona fide purchasers cannot be denied Input Tax Credit due to seller’s tax default; cites Article 14.
The issue involved in the present appeal is that whether an incentive received in sales tax liability under a Scheme formulated by the State Government would be on capital account, exempt to taxation, or on revenue account, liable for taxation.
Madras High Court held that the export incentive cannot be denied for technical and venial breach of provisions of Section 129 of the Central Goods and Services Tax Act [CGST Act]. Accordingly, petition allowed.
Delhi High Court examines constitutional validity of DVAT Act Section 9(2)(g), impacting Input Tax Credit claims due to selling dealer’s tax deposit failures.
Delhi High Court rules Section 9(2)(g) of DVAT Act unconstitutional, asserting it violates rights by denying input tax credit to buyers for seller’s tax defaults.
Delhi High Court reviews the constitutionality of DVAT Act Section 9(2)(g), impacting Input Tax Credit for purchasers due to seller’s tax defaults. Examines impact on bona fide dealers.
Delhi High Court sets aside tax notices, ruling on Section 9(2)(g) of DVAT Act. Upholds right to Input Tax Credit for bona fide purchasers.
