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Delhi HC Upholds Exception u/s 40A of Income Tax Act in favour of Mitsubishi Corporation [Read Order]

Yogitha S Yogesh

The Delhi High Court upheld the exception under section 40A of the Income Tax Act, 1961, in favour of Mitsubishi Corporation (India) Pvt Ltd. As...

Delhi HC Refuses Bail to 64 Years Old Senior Citizen in PMLA Case, Holds Health Grounds Alone Cannot...

Unable to Avail Amnesty Scheme as Amended GST DRC-07 Not Available on Portal: Delhi HC Directs...

“Enormous Push to Environmentally Safer and Friendly Vehicles”: Delhi HC reduces CESTAT Pre-Deposit...

Customs Fails to Issue SCN in a Year: Delhi HC Orders Release of Two Gold Chains Belonging to Uzbek...

78 grams Silver-Coated Gold Coins Caught at IGI Airport: Delhi HC Flags Serious Concern, Denies Immediate Release [Read Order]

In a recent ruling, the Delhi High Court refused to allow the immediate release of gold items seized from a passenger at IGI Airport, raising serious concern over an alleged attempt to disguise...

Delhi HC Upholds Legality of Supplementary PMLA Complaint Despite Lack of Extensive New Material [Read Order]

The Delhi High Court upholds ED’s supplementary PMLA complaint despite the absence of extensive new material, finding no procedural illegality.In a recent ruling, the Delhi High Court upheld the...

GST Demand raised by DGGI on ESCROW Funds Meant for MoUD & CFI: Delhi HC asks MoUD & FinMin Secretaries to Confer [Read Order]

The Delhi High Court has asked the Joint secretaries of the Ministry of Urban Development ( MoUD ) and the Ministry of Finance to convene a meeting with respect to the GST ( Goods and Services Tax )...

Companies (Indian Accounting Standards) Amendment Rules, 2025: A Detailed Explanation [Read Notification]

The Ministry of Corporate Affairs (MCA), along with the National Financial Reporting Authority (NFRA), announced new rules on May 7, 2025, called the Companies (Indian Accounting Standards) Amendment...

Delhi HC Highlights “Overflowing Dockets” due to Shortage of Judges, Calls for Comprehensive reform in judicial staffing [Read Order]

The Delhi High Court highlighted the “overflowing dockets” due to a shortage of judges and comprehensive reform in judicial staffing as the court admitted that it is “unable to decide” appeals within...

AMP Expenses Not Separate International Transaction: Delhi HC Upholds ITAT Decision [Read Order]

The Delhi High Court in a recent ruling,upheld the Income Tax Appellate Tribunal (ITAT) decision for Assessment Year (AY) 2012-13, stating that Advertising, Marketing, and Promotion(AMP) expenses are...

30 Day Delay in Filing Form 10B Due to Accountant's Family Medical Issue: Delhi HC Directs CIT(E) to Condone Delay [Read Order]

The Delhi High Court,directed the Commissioner of Income Tax(Exemption)[CIT(E)] to condone the 30-day delay in filing Form 10B for Assessment Year(AY) 2022-23, following the assessee's explanation...