Karnataka HC quashes Income Tax order against Toyota Industries Engine India Pvt Ltd due to First Appellate Authority ignoring adjournment application.
Madras High Court remands the case on the taxability of liquor supplied by Little Star Recreation Club to its members and guests under TNVAT for reconsideration.
NCLAT Delhi upholds NCLT decision against Rolta Private Limited’s assignment agreement as malafide, prolonging CIRP process. Full judgment analysis here.
CESTAT Kolkata rules no confiscation of mosquito repellents and ladies garments in Debesh Dey vs Commissioner of Customs case under Section 123 of Customs Act.
Explore the Madras High Court judgment setting aside GST liability due to non-production of demanded documents. Detailed analysis and conclusion provided.
ITAT noted that CIT(A)’s decision was reasoned, considering discrepancies in repayment timelines and absence of proper documentation or corroborative evidence. It concluded that CIT(A)’s findings were based on facts and did not merely rely on suspicion.
Gujarat High Court allows income tax deduction for payment clearing mortgage, dismissing Revenue’s appeal under section 263. Full text of judgment explained.
Kerala High Court invalidates GST proceedings due to incorrect show cause notice form. The entire process deemed without jurisdiction. Read the full judgment here.
Calcutta High Court validates the application of an 8% net profit rate on gross receipts under contracts unless illegality is proven, upholding ITATs order.
Explore the Calcutta High Court’s decision in Uphealth Holdings, INC. Vs Dr. Syed Sabahat Azim & Ors. regarding the applicability of foreign insolvency judgments from non-reciprocating countries in Indian courts.
