CAAR Delhi classifies Mitsubishi Electric’s Inverter Assembly Units for hybrid vehicles under 8504 40 90 and confirms eligibility for duty exemption under India-Japan CEPA.
Summary of the Tamil Nadu GST AAR ruling for Sundaram Industries on the classification of imported goods and the jurisdiction of the authority.
The ITAT Delhi has quashed a reassessment order against Sumit Suneja, finding that the AO quoted a repealed section of law and received a mechanical, undated approval.
ITAT Kolkata nullified a reassessment order, ruling that ITO lacked pecuniary jurisdiction to issue a Section 148 notice for a non-corporate assessee with an income over specified limit.
The Supreme Court of India ruled in K. Kishan vs. Vijay Nirman Company that a pending challenge to an arbitral award constitutes a pre-existing dispute, which can block insolvency proceedings under the IBC.
The NCDRC ruled in favor of SBI Life, stating no insurance contract was formed since the insurer had not communicated its acceptance before the proposer’s death.
The Supreme Court of India ruled that an insurance surveyor’s report is not the final word on a claim. It can be challenged with other evidence, as seen in the New India Assurance case.
The NCDRC ruled on a hotel’s insurance claim, stating that a surveyor’s report is valid unless challenged with credible evidence. The hotel’s appeal was dismissed.
The NCDRC has ruled that a surveyor’s report is not binding. The court ordered United India Insurance to pay a ₹3.5 crore claim, finding the denial of a fire claim was a deficiency in service.
NCDRC dismisses an appeal from Nancy Overseas, upholding the rejection of an insurance claim due to insufficient premium payment and non-disclosure of material facts.
