Delhi HC ruling on PCIT vs. Clix Finance: Examining tax implications of loan sale, addressing disallowance under Section 14A.
Explore the Kerala High Court’s disposal of Menacherry Lonappan Jayan’s writ petition citing an extended period for filing GST appeals. Details on Notification No. 53/2023 and the alternative remedy provided.
If amount already been considered in subsequent assessment years and assessment order has been passed, the question of escapement of income for same amount in previous year will not arise.
Explore the legal battle between Premier Trading Company and Commissioner of Customs (CESTAT Kolkata) over rejected unit value, customs valuation rules, and market inquiry.
Bombay High Court admits Playerzpot’s petition challenging GST demand, issues notice. Detailed analysis of Rule 31A and CGST Act. Get insights into the legal battle.
Bombay HC directs CESTAT examination in Sarla Perf. Fibers vs. Union of India. Legal analysis of anti-dumping duty notifications. Petitioner challenges legality.
Kerala High Court’s ruling in Chukkath Krishnan Praveen vs. State of Kerala, directing tax authorities to consider GSTR 3B rectification, with detailed analysis and implications.
CESTAT Kolkata ruling in Bansal Biscuits case, where the time limit under Section 11B of the Central Excise Act is deemed inapplicable for claiming refunds on erroneously paid Service Tax.
Explore the Supreme Court’s decision on tax rates for mobile phones and chargers sold as one unit under Karnataka VAT Act. Details of the case State Of Karnataka & Anr. Vs Micromax Informatics Ltd.
Delhi High Court held that the Income Tax Act does not seem to cast a burden on the deductee/payee with regard to the deposit of money, which is retained as tax, by the payer i.e., the deductor.
