Borrowers must look beyond high valuations and carefully weigh the interest costs and asset-loss risks associated with...
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Transfer of passive infrastructure (PI) assets under a court-approved scheme of demerger without consideration qualified as a...
The Tribunal held that a development agreement granting only a limited license for construction does not constitute...
The Tribunal held that loan repayment cannot be treated as unexplained cash credit under section 68. The...
The Tribunal held that penalty under section 271(1)(c) cannot be sustained when identical facts in earlier years...
The Court held that input tax credit cannot be restricted to the month of invoice when business...
The Court held that GSTIN cannot be cancelled solely based on supplier irregularities without examining the taxpayer’s...
The Court set aside a show cause notice that combined several financial years into one proceeding. It...
The Court held that each financial year creates a separate cause of action, making a consolidated notice...
The ruling found that issuing a single notice for multiple tax years violates statutory requirements. The Court...