Delhi High Court upholds RBI’s FEMA penalty on an OCI cardholder for unauthorized agricultural land purchase in India, citing due process compliance.
The borrowers defaulted on loan repayment, prompting the petitioner to initiate proceedings under the SARFAESI Act. Physical possession of the property was taken on 05.12.2023.
Summit Aviation Private Limited obtained financial assistance from respondent no.3, Punjab National Bank, for the purchase of helicopters. This financial assistance was secured through a hypothecation agreement dated 12.05.2008.
ITAT Ahmedabad dismisses appeals by GE Power India ex-staff, backing PCIT’s order for fresh assessment due to wrongly claimed tax exemptions on VRS.
Kerala HC rules on GST appeal limitation, holding that ‘month’ under Section 107 of CGST/SGST Acts follows the British calendar system, allowing appeal reinstatement.
Madras HC sets aside order rejecting GST appeal due to limitation period misinterpretation, directing the appellate authority to reassess the filing period.
Madras High Court directs the Regional Passport Office to process Seeniselvam’s passport application despite a pending criminal case at the WLOR stage.
ITAT Delhi sets aside CIT(E) order rejecting Raj Krishan Jain Trust’s 12A registration due to a typographical error, directing fresh adjudication.
ITAT Surat allows Swaminarayan Gadi Trust to rectify errors in its tax exemption applications under Sections 12A/12AB and 80G(5) of the Income Tax Act.
Patna High Court allows Platinum Ispat Industries to seek rectification of denied input tax credit under the revised GST provisions and government circular.
