NCLAT Chennai partly allows an appeal, clarifying that NCLT cannot directly order ROC investigation but can direct the Central Government. The Tribunal modified bank account operation directives to increase transparency amid siphoning allegations in a family company dispute.
ITAT Bangalore dismisses Prem Prakash Gupta’s appeal for 375-day delay. Emotional distress cited without evidence deemed insufficient for condonation. Case highlights ‘explanation’ vs ‘excuse’.
Delhi ITAT rules business expenses with genuine payments and TDS cannot be disallowed solely for payees’ lack of GST registration.
Delhi High Court upholds addition for unpresented cheques as bogus credits in Harsha Associates case, emphasizing factual evidence in tax disputes.
The Delhi High Court directs tax authorities to process TDS credit for AY 2007-08 based on taxpayer-provided details when TRACES data is unavailable, upholding taxpayer rights.
High Courts direct timely resolution of GST registration cancellation SCNs & rectification applications, protecting business rights from prolonged suspensions.
Allahabad High Court rules against GST registration cancellation for Nitco Coating Agency, citing a lack of physical notice and personal hearing, a violation of natural justice.
Jharkhand High Court quashes a GST demand order, citing the absence of digital signatures on the preceding intimation and show cause notice, as mandated by Rule 26(3).
Delhi High Court rules Income Tax’s CPC cannot repeatedly rectify intimations under Section 143(1)(a) after initial rectification, remanding a case for review.
ITAT Mumbai rules presumptive taxation under Section 44AD doesn’t bar Section 68 additions for unexplained cash credits from suspicious transactions.
