Karnataka HC quashes income tax assessment and penalty orders due to non-service of show cause notice (SCN) under Section 148A(b), allowing fresh reply opportunity.
New CBDT guidelines for compounding of offences under the Income Tax Act, 1961. Learn the conditions, process, and fee structure for compounding applications.
Karnataka HC quashes CBDT order under Section 119(2)(b) and condones 2-hour delay in ITR filing due to genuine hardship. Returns for AY 2019-20 to be processed.
Madras HC orders Customs to consider CVD exemption on silk fabric imports from China under Section 149 of Customs Act within six weeks. No costs imposed.
Delhi HC rules that GST registration cancellation cannot be withheld due to pending assessment or recovery proceedings. Proper officer directed to process the application.
Karnataka High Court rules on a 7-day response requirement for Section 148A(b) IT notices in Shivakumaraswamy Credit Co-op Society case, setting aside assessment orders.
Karnataka High Court held that claims which are not a part of resolution plan stands extinguished, accordingly, no person will be entitled to initiate or continue any proceedings in respect to a claim which is not part of the resolution plan.
CESTAT Delhi sets aside the order on sole reason that show cause notice doesn’t even state the allegations in respect of violation of four regulations under CBLR 2013 by customs broker. Thus, order quashed as notice is absolutely vague.
According to the petitioner, respondent No.3 imported manufacturing machines without payment of central excise duties of Rs.10,14,099/- and custom duties of Rs.51,00,988/- for the manufacturing of export goods.
Karnataka HC sets aside IT penalty on Cooperative Society due to unexplained genuineness doubts. Case sent back to AO for re-examination of cash deposit transactions.
