Judgements and Orders, Supreme Court and High courts of India

Rule 86A provides for Interim restriction of attachment, bi-parte hearing order should be passed to make it permanent

Bimal Jain 29 September 2021 at 09:31

In M/s Sahil Enterprises. v. Union of India. [IA No.1/2021 with WP(C) No.531/2021 dated September 14, 2021],M/s Sahil Enterprises ("the Petitioner") has filed the current application seeking interim relief for removing the provisional attachment whic

Posted in GST | 173 Views

Explanation and evidence w.r.t. cash recoveries made from Sundry Advances

mahendra gargieya 28 September 2021 at 09:39

The impugned order passed by the ld PCIT u/s 263 is accordingly set aside and the order of the Assessing officer is sustained.

Posted in Income Tax | 160 Views

Deficiency in the GST portal has to be covered up manually and can’t be a excuse for not amending BOE

Bimal Jain 28 September 2021 at 09:37

In Sinochem India Company Pvt. Ltd. v. Union of India & Ors. [Writ Petition (L) No. 13894 of 2021]and in Hindustan Unilever Ltd. v. The Union of India & Ors, [Writ Petition (L) No. 8163 of 2021]involve a common question of fact and law and have been

Posted in GST | 139 Views

Demand of service tax on foreign remittance quashed by CESTAT

Bimal Jain 28 September 2021 at 09:36

In M/s Hindustan Zinc Ltd. v. The Commissioner, Central Excise, Udaipur, [FINAL ORDER NO. 51819-51820/2021 dated September 17, 2021], M/s Hindustan Zinc Ltd ("the Appellant")filed the appeal to assail the order passed by the Commissioner, Central Exc

Posted in Excise | 125 Views

CENVAT Credit eligible on Product Recall Policy expenses

Bimal Jain 28 September 2021 at 08:36

In Bhavani Industries v. CCE & ST, Rajkot [Excise Appeal No.10416 of 2019 dated September 21, 2021], Bhavani Industries ("the Appellant") filed an appeal impugning Order No. OIA-RAJ-EXCUS-000-APP-023-2018-19 dated April 18, 2018 passed by Commissione

Posted in Excise | 120 Views

Delhi HC: Where the case has been admitted in NCLT, all the contentions including power to initiate such proceeding should be raised before and concluded by NCLT only

Bimal Jain 28 September 2021 at 08:36

In Shriraj Investment and Finance Ltd. & Ors. and Casper Consumer Electronics Pvt. Ltd. v. Union of India & Anr. [W.P.(CRL) 1823/2020, & W.P.(CRL) 1414/2021 dated September 14, 2021], Shriraj Investment Pvt. Ltd. ("the Petitioner No. 1") and Casper C

Posted in Corporate Law | 245 Views

Acceptance of application under Rule 46-A of the Income Tax Act

mahendra gargieya 28 September 2021 at 08:35

This is an appeal filed by the assessee against the order of ld. CIT(A), Ajmer dated 25/01/2016 for the A.Y. 2008-09 in the matter of order passed U/s 143(3) of the Income Tax Act, 1961

Posted in Income Tax | 162 Views

Are stamp duty value and purchase consideration required to be added as income from other sources?

mahendra gargieya 28 September 2021 at 08:35

The present appeal has been filed by the assessee against the order of the ld. Pr.CIT-2, Jaipur dated 28/02/2020 passed U/s 263 of the Income Tax Act, 1961 (in short, the Act) for the A.Y. 2015-16

Posted in Income Tax | 232 Views

Order recalling Suo Motu Extension of Limitation Period to be given effect from October 1, 2021

Bimal Jain 23 September 2021 at 15:04

The Hon'ble Supreme Court in the matter of RE COGNIZANCE FOR EXTENSION OF LIMITATION [Miscellaneous Application No. 665/2021 in SMW(C) No. 3/2020 dated April 27, 2021] under Article 142 read with Article 141 of the Constitution of India took suo motu

Posted in LAW | 255 Views

Unexplained expenditure which is deemed to be the income of the assessee shall not be allowed as a deduction

Poojitha Raam Vinay 23 September 2021 at 15:02

This appeal filed by the Revenue is directed against CIT(A) - 3, Hyderabad’s order dated 09/12/2016 for AY 2008-09 involving proceedings u/s 143(3) r.w.s. 144 of the Income- Tax Act, 1961

Posted in Income Tax | 135 Views