STOCK MARKET UPDATE

Ticker

6/recent/ticker-posts

Jharkhand High Court Dismisses State Petition in Tax Refund Case Read Judgment

 Summary:

  • The Jharkhand High Court dismissed a petition filed by the State challenging a Commercial Taxes Tribunal order that allowed a tax refund to a company.
  • The Court found that the Additional Commissioner of Commercial Taxes acted in "undue haste" and with "malice in law" by setting aside the original assessment orders without proper verification.
  • The Tribunal's decision to restore the original assessment orders, which granted the tax refund, was upheld.

Key Points:

  • Dispute: The case involved a company seeking a tax refund for the assessment year 2013-14.
  • Original Assessment: The Assessing Officer initially granted the refund, but the J.C.C.T. (Administration) initiated review proceedings.
  • Additional Commissioner's Order: The Additional Commissioner later set aside the original assessment orders without proper scrutiny.
  • Tribunal's Decision: The Commercial Taxes Tribunal restored the original assessment orders, allowing the tax refund.
  • State's Challenge: The State challenged the Tribunal's order in the High Court.
  • High Court's Observation: The Court criticized the Additional Commissioner's "undue haste" and "malice in law" in setting aside the original orders.
  • Court's Ruling: The High Court dismissed the State's petition and upheld the Tribunal's decision, allowing the tax refund.

Implications:

  • This case highlights the importance of proper procedures and due diligence by tax authorities.
  • Acting in undue haste or with malice can lead to court intervention and reversal of decisions.
  • The judgment may have implications for similar tax refund cases in Jharkhand.

Additional Information:

  • The case title is State of Jharkhand vs M/s. Ram Kripal Singh Construction Pvt. Ltd.
  • The judgment was delivered by a two-judge bench comprising Hon'ble Mr. Justice Rongon Mukhopadhyay and Hon'ble Mr. Justice Deepak Roshan. 
  • (With input from news agency language)
     If you like this law news, share it with a friend! 

Post a Comment

0 Comments

Custom Real-Time Chart Widget

'; (function() { var dsq = document.createElement('script'); dsq.type = 'text/javascript'; dsq.async = true; dsq.src = '//' + disqus_shortname + '.disqus.com/embed.js'; (document.getElementsByTagName('head')[0] || document.getElementsByTagName('body')[0]).appendChild(dsq); })();

market stocks NSC