ITAT Surat deleted a Section 271(1)(c) penalty against Gunjan Agarwal, ruling that an addition based on estimated income does not automatically imply concealment or furnishing inaccurate particulars.
The Madras High Court has directed tax authorities to consider a fresh representation from M.Sundarapandian regarding a pending income tax refund of Rs. 74,483 for AY 2016-17 within six weeks.
CESTAT Delhi ruled that rent paid by PSV Polymers Pvt Ltd to its directors is exempt from service tax under RCM, citing individual capacity and revenue neutrality, along with foreign agent commission.
Madras High Court permitted Tuskers Associates to file a late GST appeal with a 15% pre-deposit, challenging a demand over non-reflection of credit notes and ITC reversal in GSTR-2A.
The Allahabad High Court ruled that excess stock found during GST checks should be handled under Sections 73/74, not Section 130 confiscation, citing the Dinesh Kumar Pradeep Kumar precedent.
The Allahabad High Court has dismissed Abhishek Pathak’s plea for transit anticipatory bail in a GST inquiry, citing the need for exceptional circumstances and the applicant’s absence.
The ITAT Surat deleted a Section 271-I penalty against Gopal Chandak for non-filing of Form 15CA on non-taxable remittances, citing that rules were notified late.
CESTAT Chennai rules for PGC Corporation Limited; finding no misdeclaration on reimported goods despite label error, citing unchanged composition and drawback return.
ITAT Pune quashes Section 271(1)(c) penalty on Intervalve Poonawalla for leave encashment disallowance, citing full disclosure and judicial precedents.
The ITAT Delhi partially allowed the Revenue’s appeal against Rai Bahadur Narain Singh Sugar Mills Ltd, making a lump-sum addition of ₹5 lakh for unexplained cash deposits during demonetization.
