Deficient Proof of Payment & Illegal Flat Allotment Render Claims Non-Creditor: NCLAT Affirms NCLT’s Dismissal of Appeals [Read Order]

The National Company Law Appellate Tribunal (NCLAT), Principal Bench, New Delhi, has affirmed the dismissal of appeals filed by the appellants against the rejection of their claims in the corporate…

Continue ReadingDeficient Proof of Payment & Illegal Flat Allotment Render Claims Non-Creditor: NCLAT Affirms NCLT’s Dismissal of Appeals [Read Order]

Is Income Tax Penalty Notice without Specifying Limb u/s 271(1)(c) Valid? Supreme Court to Examine Revenue Petition [Read Order]

The Supreme Court has admitted a petition filed by the Income Tax Department challenging a ruling by the Karnataka High Court which quashed a penalty on the grounds that a penalty notice…

Continue ReadingIs Income Tax Penalty Notice without Specifying Limb u/s 271(1)(c) Valid? Supreme Court to Examine Revenue Petition [Read Order]

Goods Belong to Consignor and not Transporter: Allahabad HC Sets Aside Seizure u/s 129(3) of GST Act [Read Order]

The Allahabad High Court, in a recent ruling, has held that where ownership of goods is established with the consignor, liability for discrepancies in transit cannot be fastened upon the…

Continue ReadingGoods Belong to Consignor and not Transporter: Allahabad HC Sets Aside Seizure u/s 129(3) of GST Act [Read Order]

State GST Officer submits Adverse Report on Bogus Firm before ITC Fraud: Allahabad HC Quashes Suspension Order [Read Order]

The Allahabad High Court has quashed the suspension of a State Tax Officer, who was accused of delay in submitting a verification report against a fraudulent GST ( Goods and…

Continue ReadingState GST Officer submits Adverse Report on Bogus Firm before ITC Fraud: Allahabad HC Quashes Suspension Order [Read Order]

Customs’ Detention of 198gm Gold Chains: Supreme Court directs to take Statutory Remedy within 30 days [Read Order]

The Supreme Court has refused to interfere with the Delhi High Court’s order concerning the detention of two gold chains weighing 198 grams seized from a Thai national at the…

Continue ReadingCustoms’ Detention of 198gm Gold Chains: Supreme Court directs to take Statutory Remedy within 30 days [Read Order]

Supreme Court bars Income Tax Dept from Coercive Steps While Examining Faceless vs Jurisdictional AO Authority [Read Order]

The Supreme Court has granted relief to petitioner challenging reassessment proceedings initiated by the Income Tax Department amid a dispute over whether such proceedings must be handled by the Faceless Assessing…

Continue ReadingSupreme Court bars Income Tax Dept from Coercive Steps While Examining Faceless vs Jurisdictional AO Authority [Read Order]

Delhi HC Directs CBIC to File Final Draft of Revised Baggage Rules by December: Gold, Alcohol & Electronics Ingress under Review [Read Order]

The Delhi High Court has directed the Central Board of Indirect Taxes and Customs ( CBIC ) to submit the final draft of the revised Baggage Rules, 2016 pertaining to the import…

Continue ReadingDelhi HC Directs CBIC to File Final Draft of Revised Baggage Rules by December: Gold, Alcohol & Electronics Ingress under Review [Read Order]

Calcutta HC Directs State of West Bengal to Execute SARFAESI Order for Cholamandalam Finance Within 4 Weeks [Read Order]

In the case of Cholamandalam Investment & Finance Company Limited, the Calcutta High Court has directed the State of West Bengal to execute a SARFAESI order, holding that the state…

Continue ReadingCalcutta HC Directs State of West Bengal to Execute SARFAESI Order for Cholamandalam Finance Within 4 Weeks [Read Order]

GST Officer Suspended for Not Acting Against Fake Firm: Allahabad HC sets aside Suspension Order noting Officer not On duty [Read Order]

The Allahabad High Court has set aside the suspension of a State Tax Deputy Commissioner who was suspended for allegedly failing to act against a fake GST ( Goods and…

Continue ReadingGST Officer Suspended for Not Acting Against Fake Firm: Allahabad HC sets aside Suspension Order noting Officer not On duty [Read Order]