Patna High Court held that input tax credit in GST regime is not admissible in relation to duty paid on capital goods in transit before appointed date. Accordingly, writ petition dismissed.
Delhi HC refers Tata Teleservices’ appeal to CESTAT to determine if service tax on VAS purchased via prepaid balance amounts to double taxation.
ITAT Bangalore held that denial of exemptions under section 11 and 12 of the Income Tax Act is unjustified as fees are charged by town planning authority to ensure accountability and fund public welfare initiatives, not to generate profit.
Madras High Court allows GST registration revival if pending returns, taxes, and penalties are paid, following precedent from Suguna Cutpiece Centre’s case.
Orissa High Court permits revocation of GST registration, directing compliance with tax payments and formalities, following a similar precedent in Mohanty Enterprises.
NCLAT Delhi held that issuance of notice under rule 7 of the Insolvency and Bankruptcy (Application to Adjudicating Authority for Insolvency Resolution Process for Personal Guarantors to Corporate Debtors) Rules, 2019 doesn’t amount to invoking of guarantee.
Karnataka High Court nullifies GST order against Ebix Smartclass due to lack of notice. Case remanded for fresh proceedings with opportunity for defense.
Petitioner stated that the said notice was issued pursuant to the information collected under section 135A of the Act, which pertains to the transactions entered by some other assessee (Manisha Jain) having a different PAN and having no relation with the petitioner.
Madras High Court dismisses writ petition, directing Palpandi Shanthi Priya to seek an appellate remedy for reassessment dispute under Section 246A of the IT Act.
Delhi High Court held that initiation of re-assessment proceedings under section 148 of the Income Tax Act against merged company is invalid as company is dissolved after Scheme of Arrangement. Thus, writ petition is allowed and notice/ order quashed.
