ITAT Mumbai held that income from pharmacy and chemist division cannot be treated as business income from separate and independent activity. Thus, since pharmacy is an integral part of dominant purpose of hospital benefit u/s. 11(1) duly admissible.
Delhi High Court clarifies that Section 107(6) of the CGST Act does not grant discretion to waive the mandatory pre-deposit for filing a GST appeal.
Delhi High Court held that since AY 2012-13 falls beyond the block of ten years that are required to be reckoned from the end of the AY 2022-23 assuming jurisdiction u/s. 153C in respect of AY 2012-13 is invalid. Accordingly, appeal of revenue dismissed.
CESTAT Mumbai orders release of Happy Gems export goods, setting aside confiscation & penalties as examination confirmed goods matched declaration.
Delhi High Court rules blocking of GST Input Tax Credit (ITC) under Rule 86A cannot exceed one year, providing relief to Shri Sai Ram Enterprises.
ITAT Ahmedabad held that revisionary order passed under section 263 of the Income Tax Act in the name of non-existent entity (amalgamated company) is liable to be quashed. Accordingly, the appeal of the assessee is allowed.
Petitions challenging India’s quantitative restrictions on LAM Coke imports dismissed. Court ruled safeguard measures are not subject to FTP’s transitional clause.
Supreme Court clarifies High Court’s Article 227 limits, stating it cannot reject a plaint bypassing CPC procedures and trial court jurisdiction.
Delhi High Court refuses to interfere in a ₹550 crore GST demand against Montage Enterprises, citing lack of diligence and availability of alternative appellate remedies.
ITAT Ahmedabad held that claim of assessee that income declared under Pradhan Mantri Garib Kalyan Yojana [PMGKY] and hence the same should not be treated as unexplained deposits needs verification. Hence, matter remitted to AO to verify the same.
