ITAT Surat affirms penalty on Pristine Jewellery for non-compliance with tax audit requirements, rejecting claims of reasonable cause and distinguishing previous judgments.
Delhi High Court sets aside Section 148A(d) order and 148A(b) notice for Devat And Ram Company, finding AO rejected assessee’s response based solely on portal information.
CESTAT Chennai allows Piramal Enterprises customs duty remission for imported goods destroyed in a fire, citing non-applicability of exemption conditions.
Madras High Court permitted Thirumalai Balaji Constructions to file a delayed GST appeal, mandating a 25% pre-deposit of the disputed tax for 2017-18, 19-20, & 20-21.
CESTAT Delhi rules penalties under Customs Act 114(iii) and 114AA require proven knowledge and intent. Overturns penalty on shipping agency in export diversion case, citing prior ruling.
ITAT Hyderabad rules against double taxation, quashing Section 69A addition after cash source was already accepted and taxed under Section 269SS for the same amount.
ITAT Delhi rules customer contracts, assembled workforce are intangible assets, allowing Genpact’s depreciation claim and affirming cost allocation.
Delhi High Court sets aside tax order against Kiran Agarwal, citing procedural lapses. Broader challenge to GST notifications awaits Supreme Court ruling.
Madras High Court quashes order freezing personal bank account of M. Jaiganesh, President of Dayton Club, in tax default case, clarifying separate liability.
NCLAT Hyderabad dismisses CIRP petition due to operational creditor’s failure to validly serve demand notice, despite proven debt and default.
