DoPPW clarifies that gratuity under CCS (Payment of Gratuity under NPS) Rules, 2021 is payable only upon retirement/absorption, not standard resignation, which forfeits past service.
DoPPW clarified that enhanced gratuity ceiling of ₹25 lakh under CCS (Pension) Rules, 2021 applies solely to Central Government civil servants, not to PSUs, Banks, or Autonomous Bodies.
Madras High Court granted an interim stay on all recovery proceedings initiated by the Income Tax Department against the reassessment order. The Court explicitly linked its decision and the case’s future to the Supreme Court’s forthcoming ruling in Hexaware Technologies, establishing a clear procedural precedent for similar reassessment writ petitions.
New guidelines from DoPPW mandate thorough internal examination of pension cases before referral. Submissions must be comprehensive, cite specific rules, and include Administrative Secretary approval.
ROC Chandigarh penalised TSC India Limited and its directors for failing to prepare and approve consolidated financial statements under Section 134(8) of Companies Act, 2013.
The Delhi High Court set aside a reassessment notice and the corresponding order under Section 148A(3) because its basis was the incorrect assessment year for a major transaction. The Court, in the interest of fairness, remanded the matter, directing the AO to provide a fresh hearing after the taxpayer files documents proving the transaction occurred in AY 2018-19, not the reopened AY 2019-20.
This decision reinforces the legal requirement that supervisory approval under Section 153D is a substantive safeguard, not an empty ritual. The High Court affirmed that granting blanket sanction to 246 assessments through a generic endorsement is equivalent to a mechanical approval that fails to satisfy legislative intent.
The Ahmedabad ITAT has struck down reassessment orders against Arpanbhai Virambhai Desai, holding that the AO’s reliance solely on an ACB disproportionate assets report without independent application of mind or specifying escaped income is “borrowed satisfaction,” invalidating the Section 147 jurisdiction.
The Income Tax Appellate Tribunal (ITAT), Dehradun, quashed the retrospective cancellation of the charitable trust registration (Sec 12A/12AB) of Sushila Devi Centre. The Tribunal held that the PCIT (Central), Kanpur, acted without jurisdiction, asserting that only the CBDT-notified CIT (Exemption) possessed the authority to cancel such registrations under section 120.
The Income Tax Appellate Tribunal (ITAT), Delhi, upheld the addition of ₹19.06 Cr (AY 2011-12) and ₹17.53 Cr (AY 2012-13) to Raheja Developers Limited’s income. The ITAT confirmed the finding that the sale of 22 shops to M/s Sagar Trade Links Pvt. Ltd. (STPL) was a bogus transaction involving a shell company to route the developer’s own unaccounted funds back into its books as sale consideration.
