ITAT Bangalore sends Light Ray Advisors LLP’s dividend exemption claim back to AO for re-examination, noting potential oversight of filed documents.
Madras High Court grants relief to assessee, ruling GST portal notice insufficient; remands case subject to 25% tax payment.
ITAT Hyderabad sends ₹3.56 crore income addition case back to CIT(A) for reconsideration, imposes penalty for non-compliance.
Calcutta High Court grants interim stay on customs show-cause notice to Hinduja Global Solutions, citing lack of jurisdiction due to uncancelled SEIS scrips.
The assessee argued that the DVO’s report, submitted beyond the statutory six-month period, was invalid. The ITAT agreed, ruling that the valuation report was indeed time-barred and, therefore, the addition based on it was unsustainable.
ITAT Indore deleted Rs. 70.13 lakh investment addition, ruling source of funds sufficiently explained, overturning part of CIT(A) order.
Orissa High Court mandates 10% GST deposit due to GSTAT non-constitution, allowing appeal despite tribunal delays.
ITAT Ahmedabad directs AO to verify business nexus of interest expense claim, reassessing deduction under Section 36(1)(iii) for Jitendra Shah.
CESTAT Chennai rules against arbitrary rejection of declared import value, citing SC precedent in valuation dispute.
Orissa High Court ruled mining without environmental clearance doesn’t automatically disallow expenses under Section 37(1) of the Income Tax Act.
