ITAT Delhi ruled reassessment invalid as the primary addition forming the basis for reopening was deleted, nullifying other additions under Sections 68 and 69.
The Income Tax Appellate Tribunal in Mumbai has quashed reassessment proceedings against Babu Hasan Shaikh, ruling that the notice was issued after the statutory time limit had expired.
The Rajasthan High Court invalidates a reassessment notice against Shree Cement, ruling that the notice was barred by limitation and illegally issued by the JAO.
The Delhi High Court refers a non-compete and intellectual property dispute to arbitration, upholding the validity of the arbitration agreement despite challenges from former employees.
Bombay High Court sets aside an order refusing to condone a 27-day delay in a trust’s filing of Form 10B, citing a need for a justice-oriented approach.
The Supreme Court dismissed the Income Tax Department’s appeal regarding a reassessment notice, affirming that notices issued by a Jurisdictional Assessing Officer after the faceless regime was introduced are invalid.
Gujarat HC held that reassessment notices for AYs 2013–14 to 2017–18 issued after Supreme Court’s Ashish Agarwal ruling were beyond surviving time under Section 149. Approval under Section 151 upheld, but notices invalid.
The ITAT Mumbai hears arguments on whether the MLI can be applied to deny tax treaty benefits to an Irish firm without a separate protocol, in a case involving aircraft leasing.
A Customs Authority for Advance Ruling (CAAR) decision classifies imported Poly Vinyl Alcohol (PVA) sheets under subheading 3920 99 12.
The Customs Authority for Advance Ruling (CAAR) confirms that imported PVA sheets are classified under tariff item 3920 99 12, citing their chemical and physical properties.
