CASE LAW
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Authority |
One liner |
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2024(05)LCX0016 Punjab & Haryana High Court Acme Cleantech Solutions Private Limited |
Effect and operation of the Circular No. 204/16/2023-GST dated 27.10.2023 relating to taxability of corporate guarantee by a person on behalf of another related person, or by the holding company for sanction of credit facilities to its subsidiary company, to the bank/ financial institutions even when made without any consideration, shall remain stayed |
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2024(02)LCX0490 Delhi High Court Sterlite Power Transmission Limited |
The court grants time to department for filing a counter affidavit regarding taxation of Corporate Guarantees |