ITAT Raipur held that passing of CIT(A) order was ex-parte without hearing the assessee and there is sufficient cause shown by assessee in not attending hearings as per opportunities granted by CIT(A). Accordingly, matter remanded back to CIT(A).
Delhi High Court held that there was no requirement to resort to Clause 25(c) of GTC to formally notify the ICA for appointment of the Arbitrator and notice sent by invoking arbitration agreement u/s. 21 of the Arbitration and Conciliation Act, 1996 is valid invocation.
ITAT Jaipur quashes ₹1.5 crore addition against Amar Partap Steels, ruling that uncorroborated statements cannot prove bogus loans.
Apple India’s request to amend a customs ruling on the classification of its HomePod was denied. The Customs Authority cited a previous court decision on similar devices.
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The ITAT Delhi has quashed a reassessment order against Sumit Suneja, finding that the AO quoted a repealed section of law and received a mechanical, undated approval.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.
