ITAT Bangalore condoned delay of 601 days on the ground that assessee was not having access to mail id mentioned in Form 35 and hence assessee was not aware about ex-parte passing of appellate order. Thus, delay condoned on reasonable cause shown.
ITAT Bangalore held penalty initiation under Sections 271D/271E must be noted in assessment order; temporary family loans without interest are not penalized as deposits.
Patna High Court held that for migrating PAN to new AO, due to change in address, a written request to existing AO must be made. Such procedure needs to be followed for change of jurisdiction.
Held that the appellant has satisfied all the conditions for treating the service as export of service but there is a need to verify whether the service tax paid has been recovered or not from M/s. Aban Singapore Pte. Ltd.
ITAT Hyderabad held that CIT(A) without examining the historical/ empirical data of expenditure incurred by the assessee for rectification / repair of transformers cannot approve the provision thereof. Accordingly, matter remanded back to CIT(A).
ITAT Bangalore rules against adhoc expense disallowance without rejecting books of accounts, citing Karnataka HC’s stance in Konkan Marine Agencies case.
जीएसटी ठगी में 54 करोड़ का फर्जी रिफंड, 500 फर्जी कंपनियों का पर्दाफाश। तीन वकील और जीएसटी अधिकारी समेत सात लोग गिरफ्तार। 2,600 कंपनियों के जरिए करोड़ों का नुकसान।
ITAT ruled that exemption under Section 54F cannot be denied solely due to missing bills or vouchers, emphasizing the principle of natural justice.
The Ministry of Corporate Affairs has imposed a penalty on Methini Spintex Private Limited and its directors for violating Section 10A of the Companies Act, 2013.
NALAM MAHALIR NIDHI LIMITED fined for violating Section 12 of the Companies Act, 2013. Total penalty of ₹4,00,000 imposed on the company and its directors.
