The Bombay High Court rebuked an NFAC tax officer for relying on non-existent, AI-generated judgments while raising a Rs 27.91 crore tax demand against KMG Wires Pvt Ltd. The Court warned that quasi-judicial officers must not “blindly rely” on AI results without proper verification.
The Supreme Court granted NewsClick a one-week protection from any coercive action over a tax demand. A bench led by Chief Justice of India Sanjiv Khanna, however, rejected a writ petition filed by PPK Newsclick Studio Pvt Ltd. The petition was filed directly under Article 32 of the Constitution. The court’s decision provides temporary relief but does not settle the tax dispute.
Zomato faces a tax demand of Rs. 803.4 crore regarding alleged GST non-payment on delivery charges, which includes penalties and interest. The company plans to challenge this order, citing confidence in its legal position. This scrutiny underscores regulatory pressures in the food delivery sector, potentially affecting Zomato’s financial stability.
The Delhi High Court dismissed the Indian National Congress’s plea against the Income Tax Appellate Tribunal’s decision not to stay the Income Tax department’s lien on their bank accounts. The court recognized the facts and arguments presented, affirming the tribunal’s decision. The Congress party was granted the liberty to approach the tribunal if circumstances change, offering a potential future recourse. The legal battle involves significant financial figures and maneuvering, with the IT department confirming the recovery of Rs 65 crore from the Congress party’s bank accounts against a demand of Rs 135 crore. The court’s decision followed the tribunal’s dismissal of the Congress’s plea to prevent the IT lien, and the subsequent unsuccessful appeal highlighted the party’s urgent need for relief. The tribunal emphasized the party’s lack of diligence in addressing the demand raised by the assessing officer, leading to the dismissal of their concerns about the recovery action.
