Where expenditure claimed by assessee was disallowed on estimation basis, penalty levied under section 271(1)(c) on the basis of such estimated disallowance, would not be sustainable. ... Read more..

Where relevant assessment year fell outside the period of limitation assigned for invocation of section 153C, assessment order passed under section 153C was liable to be quashed being barred by limita ... Read more..

Where assessee received severance compensation due to termination of employment, the said compensation being received for loss of employment and not for past services, could not be taxable as profits ... Read more..

Where Proper Officer passed order under section 73/74 of the CGST Act much after the date mentioned in Notification, dt. 2-11-2023, i.e. 31-03-2023, benefit of the said Notification could not be exten ... Read more..

Where authority cancelled GST registration of assessee without assigning any reason, the said order was against the principles of natural justice and was liable to be set aside. ... Read more..

Where prior to 25-01-2018, reinsurance services of exempt general insurance and life insurance schemes were exempt from GST, however, the GST Council as well as Union Government consciously decided to ... Read more..

CLB rejected oppression and mismanagement petition on the ground that it lacked jurisdiction to adjudicate issue of forgery of documents, but it had requisite jurisdiction to adjudicate allegations of ... Read more..

Petitioner was neither a shareholder nor a director of company, affairs of the company were managed by his father, the petitioner was not an accused in the case registered by the SFIO, he had also roo ... Read more..

Dismissal of a complaint for non-appearance of RoC was a final order and in absence of any specific provision in Code, Special Judge could not exercise any inherent jurisdiction, power of restoration ... Read more..