Admissibility of electronic evidence bars undervaluation demands where printouts, retracted statements and no cross-examination leave the case unprove...
Limitation in oppression and mismanagement proceedings: prior knowledge of removal and dilution barred the challenge, with valuation directions upheld...
Insolvency professional agency governance rules amended to add nominee directors, tighten independent director eligibility, and regulate managing dire...
HC allows petition challenging simultaneous GST proceedings, quashing the SCN issued by state authorities under Section 70 and Section 74. The court directed the petitioner to file reply before the central GST authority, considering recent circulars and precedential judgments. The key relief includes: (i) quashing of impugned SCN, (ii) liberty to file comprehensive reply, and (iii) mandate for respondent to reconsider claims in accordance with recent GST circulars and judicial interpretations, particularly regarding input tax credit and valuation for tax payment.
HC allows petition challenging simultaneous GST proceedings, quashing the SCN issued by state authorities under Section 70 and Section 74. The court directed the petitioner to file reply before the central GST authority, considering recent circulars and precedential judgments. The key relief includes: (i) quashing of impugned SCN, (ii) liberty to file comprehensive reply, and (iii) mandate for respondent to reconsider claims in accordance with recent GST circulars and judicial interpretations, particularly regarding input tax credit and valuation for tax payment.
Note: It is a system-generated summary and is for quick reference only.