ITAT Hyderabad held that denial of exemption under section 54F on allegation of more than one residential house unwarranted as one residential house is gifted to his daughter. Accordingly, exemption allowed and appeal of revenue dismissed.
Delhi High Court held that technical glitch with wording in the stamp ‘signature not verified’ doesn’t render order invalid as order was uploaded on GST portal which can be done only after verification by concerned State Tax Officer.
Bombay High Court dismissed income tax appeals by the CIT against Agastmuni Construction, citing CBDT Circular No. 17/2019’s monetary limits.
ITAT Mumbai holds income from builders’ unsold flats as ‘business income,’ not ‘house property,’ for Haware Engineers for AY 2013-14 & 2014-15.
Pune ITAT deletes deemed rental income addition on unsold flats for Kumar Properties, citing no exempt income for Section 14A disallowance.
ITAT Mumbai dismisses Pegasus Properties’ appeal for AY 2015-16 as infructuous, citing a previously heard physical appeal against the same order.
Karnataka High Court allows appeal for Premalatha Pagaria, condoning 350-day delay, citing ‘sufficient cause’ and auditor’s oversight.
Bombay High Court grants interim stay on GST levy for assignment of MIDC leasehold rights, aligning with a recent Gujarat High Court precedent.
Gujarat High Court sets aside GST demand on transfer of leasehold rights in industrial plot by Time Technoplast to its subsidiary, citing previous judgments.
Rajasthan High Court grants bail to Ankit Jain in a GST fraud case, citing Supreme Court precedents, filed charge-sheet, and the nature of evidence.
