The Karnataka High Court ordered State tax authorities to refund GST collected from Divyasree Tarbus Builders Private Limited, retaining only the mandatory deposit under Section 112 CGST Act, granting relief under Circular No. 224/18/2024-GST pending GST Appellate Tribunal constitution.
A bench consisting of Justices BV Nagarathna and N Kotiswar Singh was hearing the Congress’ appeal against the Delhi High Court’s March 13 order, which found no reason to interfere with the ITAT’s decision. However, the High Court permitted the Congress to file a new stay application before the ITAT, taking into account developments such […]
Today (12th March): The Delhi High Court has deferred its verdict on the Congress party’s petition seeking a stay on the Income Tax Department’s notice demanding over Rs 105 crore in taxes. The court indicated no apparent flaws in the Income Tax Appellate Tribunal’s ruling. The Congress argued urgency due to the upcoming elections. The party’s frozen accounts were central to the dispute.