RoC Kolkata levied penalties for failure to file FY 2018-19 financial statements, holding the company and directors liable under Section 137(3) of the Companies Act.
ROC Kolkata levies penalties for failure to file financial statements under Section 137(3), directing rectification and payment within prescribed timelines.
The J&K High Court directed restoration of GST registration for a petitioner who undertook to deposit taxes, penalties, and interest, after prior cancellation for non-response to a show-cause notice.
ROC Kolkata levies penalties for prolonged non-filing of financial statements, directing rectification and payment within statutory timelines.
The court reaffirmed that reassessment notices under Section 148 must be issued via the CBDT-prescribed automated system. Notices issued by local officers without allocation are considered without jurisdiction.
The Gujarat High Court restrained the Assessing Officer from passing a final order under Section 148, citing non-compliance with the preliminary verification requirements under the Scheme framed under Section 135A.
Punjab and Haryana High Court held that a Section 148 notice issued by a Jurisdictional Assessing Officer after the faceless assessment scheme is invalid. The notice contravened Section 151A and the 2022 e-Assessment scheme. The court quashed the notice with directions to follow statutory faceless procedure.
The Rajasthan High Court dismissed the challenge to Section 234E of the Income Tax Act, holding that the fee for late TDS filing is compensatory, not punitive.
The Telangana High Court struck down clauses of the Finance Act imposing service tax on non-profit clubs, following Supreme Court and other High Court precedents.
The ITAT Jaipur ruled that penalty under Section 271AAB cannot be imposed when no undisclosed income is found during search operations. Loose documents alone do not justify penalty.
