ITAT Ahmedabad held that reopening of assessment u/s. 147 of the Income Tax Act after four years without any tangible material amounts to change of opinion and according the same is invalid and liable to be quashed.
CESTAT Mumbai dismisses Revenue’s application for review against DHL Lemuir Logistics, criticizes incorrect factual representation.
High Court can exercise revisional jurisdiction under Section 48 only against orders passed by Tax Tribunal either under Section 45(2) or 46(3) of H.P. VAT Act.
Explore critical judgment of ITAT Hyderabad in DCIT Vs Vessella Constructions concerning revenue recognition and sale of villas. Gain in-depth insights.
Analyzing the recent ITAT Jaipur ruling on Safiq Ahmad Vs ITO. Assessee penalized for failing to cooperate in penalty proceedings under Sections 271B & 271(1)(c) of the Act.
Detailed analysis of NCLAT Chennai’s ruling in K Parthiban Rasu Vs Umiya Development Centre India Pvt. Ltd. & SBI case. Learn how it impacts insolvency law.
Learn about blocked credit under GST, why it’s important, and how it affects Input Tax Credit. Explore conditions for availing ITC and exceptions under Section 17(5) of GST Act.
Dive into the Allahabad High Court’s judgment in Chandra Bhan Vs Union Of India, which rules on the validity of manual notices issued under Section 148 of the Income Tax Act without DIN.
For issuance of SCN involving extended period of limitation, suppression has to be brought on record which has not been done in this case by revenue.
Analysis of Jharkhand High Court’s judgment in A.M. Enterprises Vs State of Jharkhand, quashing TDS-related criminal proceedings. Insights into Section 276B and its implications.
