Rajasthan High Court – Jaipur Bench

Jaipur, January 3, 2024 – In a significant ruling today, the Jaipur Bench of the High Court of Judicature for Rajasthan directed the Enforcement Directorate to release the seized currency assets of M/s Harish Forex Services Pvt. Limited and other petitioners within four weeks. The court held that the prolonged detention of these assets violates […]

Jaipur, 4th January 2024 – In a significant ruling, the High Court of Judicature for Rajasthan at Jaipur quashed the penalty imposition under Section 270A of the Income Tax Act on Chambal Fertilizers and Chemicals Limited (the petitioner), granting immunity under Section 270AA of the Act. The Court held that the petitioner had voluntarily disclosed