Reassessment Proceedings Alleging Escapement of Income on transfer of Leasehold Right: Bombay HC sets aside Order as tax already paid [Read Order]
The Bombay High Court set aside the reassessment proceedings alleging escapement of income on the transfer of leasehold rights. Peoples Education...
![P&H HC grants Interim Relief to BMW India from GST Demand on Salary Secondment [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/BMW-GST-Demand-Punjab-and-Haryana-High-Court-TAXSCAN.jpg "P&H HC grants Interim Relief to BMW India from GST Demand on Salary Secondment [Read Order]")
![Subsidy received from Sale of Mobile Handsets purchased from Independent Vendors is BAS, chargeable to Service Tax: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/CESTAT-Mobile-Handsets-Subsidy-chargeable-taxscan.jpg "Subsidy received from Sale of Mobile Handsets purchased from Independent Vendors is BAS, chargeable to Service Tax: CESTAT [Read Order]")
No Disallowance of ITC for wrong mention of GSTIN of Recipient in Form GSTR-1: Allahabad HC [Read Order]
A Division Bench of the Allahabad High Court held that Goods and Services Tax (GST) Input Tax Credit (ITC) should not be disallowed solely based on wrong mention of the GST Number of the recipient in...
![Bombay HC directs GST Dept to Refund Tax Deposited by HSBC Bank under Protest [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/Bombay-HC-HSBC-Bank-Refund-Tax-GST-taxscan.jpeg "Bombay HC directs GST Dept to Refund Tax Deposited by HSBC Bank under Protest [Read Order]")
Opinion of Income Tax Dept not Tangible Material for Reopening Assessment: Calcutta HC quashes Reassessment [Read Order]
The Calcutta High Court quashed reassessment proceedings and observed that the opinion of Income Tax Department not tangible material for reopening assessment. The appellant, Dinesh Kumar Goyal...
![Opinion of Income Tax Dept not Tangible Material for Reopening Assessment: Calcutta HC quashes Reassessment [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/Calcutta-HC-Reopening-Assessment-Tangible-Material-taxscan.jpg "Opinion of Income Tax Dept not Tangible Material for Reopening Assessment: Calcutta HC quashes Reassessment [Read Order]")
Settlement of Disputes outside Courts is not Fundamental or Inherent Right: Allahabad HC dismisses Writ Petition under DTVSV Act [Read Order]
The Allahabad High Court dismissed a writ petition filed under the Direct Tax Vivaad Se Vishwas, Act, 2020 (DTVSV Act) and ruled that the settlement of disputes outside courts is not fundamental or...
Availability of Interest-Free Funds more than Investments: Delhi HC upholds Deletion of Disallowance under Income Tax Act [Read Order]
The Delhi High Court upheld the deletion of disallowance under the Income Tax Act, 1961 as the availability of interest-free funds more than investments. The Court further observed that if the...
![Availability of Interest-Free Funds more than Investments: Delhi HC upholds Deletion of Disallowance under Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/Delhi-HC-Income-Tax-Act-Disallowance-Availability-taxscan.jpg "Availability of Interest-Free Funds more than Investments: Delhi HC upholds Deletion of Disallowance under Income Tax Act [Read Order]")
Delhi High Court dismisses PIL against CBIC circulars requiring compulsory disposal and sale of seized gold to RBI [Read Order]
In a recent case, the Delhi High Court dismissed a public interest litigation filed against the two circulars issued by the Central Board of Indirect Taxes and Customs (CBIC), requiring the mandatory...
