Delhi High Court examines the legality of Pranav Kuckreja’s arrest under Section 50 Cr.P.C., citing Supreme Court precedents. Read key findings and implications.
NCLAT Delhi denies CoC seat to assignee of related party debt post-CIRP. Ruling emphasizes preventing CIRP sabotage and protecting creditor rights.
Kerala High Court held that cash seized from the premises of the appellants cannot be retained by either the State GST Department or the Income Tax Department unless the respective proceedings initiated by them are finalized.
Joint Commissioner (Intelligence & Enforcement) Vs Lakshmi Mobile Accessories (Kerala High Court) Kerala High Court addressed the issue of consolidated show-cause notices under the CGST Act in the case Joint Commissioner (Intelligence & Enforcement) vs. Lakshmi Mobile Accessories. The case revolved around a notice issued to the respondent, covering six financial years (2017-18 to 2023-24), […]
M.M. Patel Charitable Trust Vs PCIT (Central) (ITAT Pune) In a significant ruling, the Income Tax Appellate Tribunal (ITAT) Pune has overturned the order of the Principal Commissioner of Income Tax (PCIT), which had canceled the registration of M.M. Patel Public Charitable Trust under Sections 12A and 12AB of the Income Tax Act, 1961. The […]
ITAT, by going through established precedents, held that AO had not recorded any dissatisfaction with assessee’s voluntary disallowance, nor had he provided any basis for invoking Rule 8D
ITAT Delhi modifies the net profit addition after book rejection, limiting the increase to ₹1 lakh instead of ₹4 lakh for AY 2020-21.
Delhi HC rules AO functus officio post-assessment, quashing reassessment notice against Vivo India for lack of due process and violation of natural justice.
ITAT Ahmedabad ruled that mere suspicion cannot justify tax additions, deleting an Rs. 18 lakh addition in a property investment dispute.
Calcutta High Court dismissed a plea challenging an SCN under the CGST Act, citing availability of a statutory appeal remedy under Section 107.
