Reserve Transfers by NBFCs under RBI Act not Allowable Deduction in Computing Assessable Income: Madras HC [Read Order]
The Statutory Reserves transferred by the Non-Banking Financial Companies ( NBFCs ) under the Reserve Bank of India ( RBI ) Act is not allowable...
![Explanation in Sl.No.7 of Service Tax Notification No.1/2006 is Ultra Vires to Finance Act and Constitution: Madras HC aligns with SC’s Decision [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/Madras-HC-Madras-High-Court-Madras-HC-aligns-Finance-Act-Ultra-Vires-Service-Tax-Notification-Service-Tax-Constitution-taxscan-1.jpg "Explanation in Sl.No.7 of Service Tax Notification No.1/2006 is Ultra Vires to Finance Act and Constitution: Madras HC aligns with SC’s Decision [Read Order]")
![GST Dept neither considered Reply nor Provided any Hearing Opportunity before Passing Order: Madras HC sets aside Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/GST-GST-Department-Madras-High-Court-High-Court-of-Madras-Goods-and-Services-Tax-GST-demand-order-Taxscan.jpg "GST Dept neither considered Reply nor Provided any Hearing Opportunity before Passing Order: Madras HC sets aside Order [Read Order]")
![Madras HC Quashes GST Demand order issued against Deceased Proprietor after 4 Years of her Death, Remands Matter [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/Madras-HC-Madras-HC-Quashes-Madras-High-Court-GST-GST-Demand-Goods-and-Services-Tax-Remands-Matter-GST-Demand-order-taxscan.jpeg "Madras HC Quashes GST Demand order issued against Deceased Proprietor after 4 Years of her Death, Remands Matter [Read Order]")
![Reasons for Non-compliance with GST Notices found Genuine: Madras HC Directs GSTN to allow Return Filing and Payment [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/Madras-HC-Madras-High-court-Madras-HC-Directs-Non-compliance-Goods-and-Services-Tax-Network-GSTN-GST-notices-Return-Filing-and-Payment-TAXSCAN.jpg "Reasons for Non-compliance with GST Notices found Genuine: Madras HC Directs GSTN to allow Return Filing and Payment [Read Order]")
Unjustified Delay by Customs Dept. in considering Case De Novo: Madras HC directs Expedited Refund of Redemption Fine and Penalty [Read Order]
In a recent ruling, the Madras High Court directed an expedited refund of the redemption fine and penalty due to an unjustified delay on the part of the Additional Commissioner of Customs to consider...
![Unjustified Delay by Customs Dept. in considering Case De Novo: Madras HC directs Expedited Refund of Redemption Fine and Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/Madras-HC-Madras-High-Court-Customs-Department-redemption-fine-and-penalty-TAXSCAN.jpeg "Unjustified Delay by Customs Dept. in considering Case De Novo: Madras HC directs Expedited Refund of Redemption Fine and Penalty [Read Order]")
GST Payer fails to File Reply within 90-Day Extension: Madras High Court upholds Demand Order, Dismisses Petition [Read Order]
The Madras High Court has upheld a Goods and Services Tax ( GST ) demand order after the assessee failed to submit a reply within the 90-day extension granted by the GST authorities. The...
![GST Payer fails to File Reply within 90-Day Extension: Madras High Court upholds Demand Order, Dismisses Petition [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/GST-Madras-High-Court-GST-demand-order-GST-reply-filing-taxscan.jpg "GST Payer fails to File Reply within 90-Day Extension: Madras High Court upholds Demand Order, Dismisses Petition [Read Order]")
Madras HC Condones Singaporean Company's ITR Delay Citing Genuine Hardship u/s 119(2)(b), Orders to Pay Rs. 50,000 to TNSLSA [Read Order]
In a recent ruling, the Madras High Court condoned a Singaporean Company's income tax return delay for refund claims citing genuine hardship caused the delay, and ordered the petitioner to pay Rs....
GST Registration Suspension without Invoking Civil or Criminal Action for Contravention of Provisions Directly hits Fundamental Right: Madras HC [Read Order]
The direct suspension of Goods and Services Tax ( GST ) registration without invoking civil or criminal action for contravening the GST provisions directly hits the fundamental right of the...
![GST Registration Suspension without Invoking Civil or Criminal Action for Contravention of Provisions Directly hits Fundamental Right: Madras HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/GST-GST-Registration-Madras-High-Court-GST-Registration-Suspension-Fundamental-Right-Taxscan.jpg "GST Registration Suspension without Invoking Civil or Criminal Action for Contravention of Provisions Directly hits Fundamental Right: Madras HC [Read Order]")
Time-Period u/s 61 of IBC cannot be Extended on Ground of Limitation Act: NCLAT Rules against Hero Exports [Read Order]
In a ruling against Hero Exports , the Chennai bench of National Company Law Appellate Tribunal ( NCLAT ) held that the time period under section 61 of Insolvency Bankruptcy Code ( IBC ), 2016 cannot...
Income Tax Dept. Fails to Grant Full TDS Credit: Madras HC directs Refund of Differential TDS Amount Within 2 Months [Read Order]
In a recent ruling, the Madras High Court directed the Income Tax Department to refund the differential amount within two months in a dispute where the department had failed to grant the full TDS...
![Income Tax Dept. Fails to Grant Full TDS Credit: Madras HC directs Refund of Differential TDS Amount Within 2 Months [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/Income-Tax-Income-Tax-Department-TDS-TDS-Credit-Madras-HC-on-TDS-credit-TAXSCAN.jpg "Income Tax Dept. Fails to Grant Full TDS Credit: Madras HC directs Refund of Differential TDS Amount Within 2 Months [Read Order]")
Orders Contrary to or Disregarding Court Directions Deemed Unsustainable and Jurisdictionally Defective: Madras HC quashes Income Tax assessment [Read Order]
In a recent ruling, the Madras High Court has quashed an Income Tax assessment order for failing to comply with prior court directions. The court emphasized that any order issued contrary to or in...
![Orders Contrary to or Disregarding Court Directions Deemed Unsustainable and Jurisdictionally Defective: Madras HC quashes Income Tax assessment [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/Income-Tax-Income-Tax-assessment-Tax-assessment-Madras-HC-TAXSCAN.jpg "Orders Contrary to or Disregarding Court Directions Deemed Unsustainable and Jurisdictionally Defective: Madras HC quashes Income Tax assessment [Read Order]")