ITAT Delhi rules customer contracts, assembled workforce are intangible assets, allowing Genpact’s depreciation claim and affirming cost allocation.
Delhi High Court sets aside tax order against Kiran Agarwal, citing procedural lapses. Broader challenge to GST notifications awaits Supreme Court ruling.
Madras High Court quashes order freezing personal bank account of M. Jaiganesh, President of Dayton Club, in tax default case, clarifying separate liability.
NCLAT Hyderabad dismisses CIRP petition due to operational creditor’s failure to validly serve demand notice, despite proven debt and default.
Nagpur ITAT remits Aacharya Shri Rushirajbaba Pratishahan’ s 80G registration rejection for fresh consideration, citing denial of adequate opportunity and ordering re-adjudication.
Madras High Court sets aside ex parte GST demand against South India Developers LLP, citing lack of hearing opportunity. Re-hearing scheduled for July 7, 2025.
ITAT Lucknow remands Sai Seva Sansthan’ s 12A and 80G registration rejections for fresh consideration, citing lack of proper opportunity for the assessee to be heard.
Dehradun ITAT allows Section 11 exemption for Guru Singh Sabha despite late Form 10B, citing Sarvodaya Charitable Trust precedent that filing is directory.
Madhya Pradesh High Court rules “Supply Affording Charges” and “Electrification Charges” recovered by electricity companies are capital receipts, citing Supreme Court precedents.
Delhi ITAT partially allows Vijay Rai Marwaha’s appeal for AY 2020-21, deleting Section 50C addition and adjusting cost of acquisition in a capital gains assessment.
