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The Hon’ble Bombay High Court in the case of Altisource Business Solutions India Pvt. Ltd. v. Union of India & Ors. [W.P. No. 5312 of 2024, order dated September 30, 2025] held that interest at 6% under Section 56 of…
The Hon’ble Gujarat High Court in the case of Vineet Polyfab Pvt. Ltd. & Anr. held that interest under Section 56 of the CGST Act is compulsory for delayed refunds exceeding 60 days from application, regardless of reason for delay, including …
In a big relief to OYO Hotels & Homes, the Delhi High Court has stayed the recovery of tax demand of Rs 1,140 crore raised under provisions of the so-called angel tax for the assessment year 2021-22 (Apr-Mar).
The Hon’ble Delhi High Court in the case of Bansal International v. Commissioner of DGST and Anr. [W.P.(C) 11629/2023 dated November 21, 2023] allowed the writ petition and held that interest at the rate of six percent would be payable…