Value Loading on Solar Imports Unjustified Without Proof of Related-Party Dealings: CESTAT Dismisses Revenue Appeal in Customs Valuation Case [Read Order]
The bench of the Customs, Excise & Service Tax Appellate Tribunal (CESTAT), Chennai, held that in the absence of evidence showing an...
“Artificial intelligence driven”: Karnataka HC refuses to Step in as ITAT President already reassigned Matter [Read Order]
The High Court of Karnataka at Bengaluru recently disposed of a writ petition filed by Buckeye Trust challenging the proceedings before the Income Tax Appellate Tribunal (ITAT), after the ITAT...
Capital Gain addition of ₹1.11 Cr Addition for Sale of Agricultural Land: ITAT Restores Matter for verification [Read Order]
The Chennai Bench of the Income Tax Appellate Tribunal (ITAT) restored the appeal to the file of the Assessing Officer (AO) for verification in the case involving capital gain addition amounting to...
Stakeholders Consultation Committee Backed Resolution Approved: NCLT Replaces Liquidator under Regulation 31A of IBBI [Read Order]
The Cochin bench of the National Company Law Tribunal (NCLT) approved the replacement of Liquidator Sri K.C. Padmakumar with Sri Sreenivasan P.R., following a resolution passed by the Stakeholders’...
Consumer Proceedings Not Maintainable after IBC Moratorium Imposition: Bombay HC quashes Consumer Forum Order against SREI Equipment [Read Order]
The Bombay High Court has quashed an order passed by the District Consumer Dispute Redressal Commission, Akola, and subsequent recovery proceedings against Srei Equipment Finance Limited, holding...
Madras HC Quashes Customs Public Notice, Holds Dept Lacked Jurisdiction to Direct on GST Collection [Read Order]
The Madras High Court has quashed a Public Notice issued by the Customs Department, which had directed Container Freight Stations (CFS) not to collect Goods and Services Tax (GST) on the sale of ...
