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Commissioner of Income Tax vs Bharat Hotels Limited – Deduction of Interest on Borrowed Funds Invested in Subsidiary for Business Purpose under Section 36(1)(iii) of the Income-tax Act
Facts of the CaseThe assessee, Bharat Hotels Limited, was engaged in
the business of owning, operating, running, and managing hotels. The assessee
borrowed funds and utilized those funds for subscribing to the equity c...
GNB MEDICA LABS vs. Principal Commissioner, CGST Commissioner (Himachal Pradesh HC): Appellate Remedies Under Sections 107 & 112 Must Be Effectively Available to Taxpayers
Writ was filed when GST Tribunal was not functional; once Tribunal became operational, HP High Court directed Assessee to pursue appeal under Section 112.Issue:Whether the Assessee’s writ petition against the appellate...
KRM TYRES Partnership Firm vs. State of Punjab (P&H High Court): GST Registration Cancellation and Revocation Rights Under Sections 29, 30 & 39
GST registration was cancelled retrospectively for non-filing of returns without disclosing facts or reasons — Punjab & Haryana High Court set aside the notice, cancellation order and revocation rejection.Issue:Whe...
Commissioner of Income Tax v. Assessee (ITA No. 742/2008 & Connected Appeals) – Delhi High Court Dismisses Revenue Appeals Due to Low Tax Effect Below Prescribed Monetary Limit
Facts of the
CaseA batch of appeals, including ITA No. 742/2008, was
preferred by the Revenue under Section 260A of the Income-tax Act, 1961. During
the hearing, it was noted that the tax effect involved in each of th...
MARUTI ENTERPRISES vs. Principal Commissioner, Delhi GST (Delhi HC): Retrospective GST Registration Cancellation Requires Proper Hearing and Reasoned Order Under Section 29(2)(e)
GST registration was already voluntarily cancelled from 24.01.2025, yet Department proposed retrospective cancellation from original registration date — Delhi High Court directed fresh consideration with hearing and re...
Commissioner of Income Tax vs Various Assessees | Delhi High Court Dismisses Revenue Appeals Due to Low Tax Effect Below ₹4 Lakhs | ITA Nos. 74/2008, 285/2008, 312/2008, 510/2008, 512/2008, 637/2008, 976/2008, 1339/2008, 76/2009 & 849/2009
Facts of the
CaseThe Revenue had preferred multiple appeals before
the Delhi High Court challenging orders passed in favour of various assessees
under the Income-tax Act, 1961.At the time of hearing, the Court observe...
Commissioner of Income Tax v. Assessee (ITA No. 312/2008 & Connected Appeals) – Delhi High Court | Appeals Dismissed Due to Low Tax Effect Below Prescribed Monetary Limit
Facts of the
Case
The Income Tax Department filed multiple appeals before the Delhi
High Court under Section 260A of the Income-tax Act, 1961.
The appeals involved various assessees and assessment years.
Dur...
Commissioner of Income Tax vs Assessee (Connected ITA Nos. 74/2008, 285/2008, 312/2008, 510/2008, 512/2008, 637/2008, 976/2008, 1339/2008, 76/2009 & 849/2009) – Delhi High Court | Revenue Appeals Dismissed Due to Low Tax Effect Below CBDT Monetary Limit
Facts of the CaseThe Revenue filed multiple Income Tax Appeals before the Delhi
High Court challenging orders passed in favour of the respective assessees.
During the hearing, the Court examined the tax effect involved...
Hidayatullah National Law University vs ACIT (Exemption) | Section 10(23C)(iiiab) Exemption Denied as Government Grant Below 50% Threshold under Rule 2BBB | ITAT Raipur
Facts of the CaseThe assessee, Hidayatullah National Law University, a
State-established institution engaged in imparting legal education, claimed
exemption under Section 10(23C)(iiiab) for Assessment Years 2016-17 and...
TRUTH FASHION vs. S.K. Singh Special Commissioner (Delhi HC): Refund Cannot Be Withheld Merely Due to Pending GST Appeal Without Stay Order
GST refund was allowed by the Appellate Authority and no stay was granted by the Tribunal, yet refund was withheld — Delhi High Court directed release of the deposited refund amount to the Assessee.Issue:Whether the De...