News

Bansal Wire Industries Limited received relief as the Delhi HC quashed pre-resolution income tax demands against its subsidiary under the clean slate doctrine, with no impact on current finances.

Bansal Wire Industries Secures Major Legal Relief as Delhi HC Quashes Rs 78.14 Million Tax Demands

JK Lakshmi Cement Ltd has received a GST demand order of Rs 179.19 lakh from the Tax Authority for alleged Input Tax Credit disallowance and plans to appeal the order.

JK Lakshmi Cement Receives GST Demand Order for disallowed Input Tax Credit

Judgement

The Gauhati High Court refused to stop income tax recovery against the petitioner, noting the matter is already before the ITAT and should be decided there.

High Court Declines Intervention in Income Tax Recovery Amid Pending Tribunal Proceedings

Delta Corp Limited informed the stock exchange that the Supreme Court of India has stayed further proceedings in its Rs 1,752.37 crore GST dispute until the final verdict in the related cases.

Supreme Court Grants Interim Stay on Rs 1,752.37 crore GST Demand Against Delta Corp

The High Court quashed a GST composite assessment covering multiple years as invalid and ordered reassessment with conditions.

One SCN or Composite Assessment Order Invalid for Multiple Tax Periods or Years: High Court

The company PNMS Polymors Private Limited and its directors were fined a total of ₹72,000 for failing to maintain a functional registered office as required by law. This penalty was triggered after an official government letter was returned undelivered and the company failed to respond to a formal warning.

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Bansal Wire Industries Secures Major Legal Relief as Delhi HC Quashes Rs 78.14 Million Tax Demands

JK Lakshmi Cement Receives GST Demand Order for disallowed Input Tax Credit

High Court Declines Intervention in Income Tax Recovery Amid Pending Tribunal Proceedings

Supreme Court Grants Interim Stay on Rs 1,752.37 crore GST Demand Against Delta Corp

One SCN or Composite Assessment Order Invalid for Multiple Tax Periods or Years: High Court

Penalty Imposed on company and Its Directors for Failure to Maintain Functional Registered Office