ITAT Chandigarh held that ITO Ward-3(1), Chandigarh had no jurisdiction to issue notice to an NRI and hence consequently the assessment as framed by Assessing Officer International Taxation is bad-in-law.
NCLAT Delhi held that demand notice issued u/s. 95(4) of the Insolvency and Bankruptcy Code, 2016 [IBC] when sent to last known address as stipulated in Guarantee Deed is valid service of notice under established legal principles. Accordingly, appeals dismissed.
ITAT Raipur held that passing of order by CIT(A) without considering adjournment request of the assessee is not justifiable in law. Accordingly, matter restored back to CIT(A) to re-adjudicate the same after affording reasonable opportunity of being heard.
ITAT Pune condones delay, remands Sujit Taware’s assessment to AO for fresh adjudication on cash deposit and property purchase.
ITAT Mumbai rules earning nominal profit by a Sec 12A registered trust with general public utility objects doesn’t violate Sec 2(15) proviso, allowing Sec 11 exemption.
Learn the 5 major GST changes in E-Way Bill & E-Invoice for FY 2025-26, including MFA rollout, IRN rules, time limits, and compliance deadlines for businesses.
CESTAT Ahmedabad held that confiscation of gold set aside due to non-recording of any statement of the relevant person coupled with finding of department being based on assumption and presumption.
NCLAT rules allottee who cancelled unit by request cannot be financial creditor. Order directs payment of settled bank loan.
IFSCA releases regulations for KYC Registration Agencies in IFSC, outlining registration, operational, and compliance requirements for these entities.
DGFT starts a Global Tariff and Trade Helpdesk to support exporters and importers with EXIM, tariff, logistics, and compliance challenges.