Delhi High Court dismisses writ petition challenging the quashing of a charge memo against a Commissioner of Income Tax, citing a 10-year delay and prejudice to the officer.
Read about the challenge to CBIC instructions in Commissioner of Central Excise & Customs vs. Century Metal Recycling Pvt. Ltd. (CESTAT Delhi). Appeals below threshold heard on merits.
Read about the ITAT Ahmedabad’s decision in the case of Vivekkumar S Bhavsar vs ITO, where the matter was remanded back to the AO due to lack of cooperation from the assessee. A cost of Rs. 5000 was imposed on the assessee, payable to the Prime Minister National Relief Fund.
The ITAT Delhi orders a review of the Institute of Company Secretaries of India’s income tax exemption claim, sending the matter back for verification by the AO.
Bombay High Court held that mandatory faceless procedure for issuance of notice u/s. 148 would not exclude the Central charges and International taxation charges from the application of the faceless mechanism as notified u/s. 144B r.w.s. 151A of the Act.
Bharti Airtel’s appeal for customs duty exemption on Battery Fuse Units dismissed by CESTAT Bangalore. Learn about the classification dispute and its implications.
Read about the Madras High Court’s ruling in the case of Amarjyothi Carrying Corporation vs Assistant Commissioner (ST), where an error in GSTR-1 was rectified in GSTR 3B & GSTR-9, leading to a direction for reconsideration by the AO.
Delhi High Court dismisses Revenue’s appeal, ruling photocopy of sale agreement insufficient evidence for income addition. Analysis & judgment explained.
Country-by-Country Reporting (CbCR) is a crucial component of the transfer pricing documentation requirements introduced by the Organization for Economic Co-operation and Development (OECD) as part of the Base Erosion and Profit Shifting (BEPS) Action Plan.
Ahmedabad ITAT rules in favor of Mehsana Urban Co-op. Bank Ltd., stating AO’s incorrect calculation isn’t failure to disclose, thus invalidating assessment reopening beyond 4 years.
