ITAT Bangalore held that disallowances under section 36(1)(va) for employee PF/ESIC contributions before AY 2021-22 were unsustainable, as Finance Act 2021 amendments are prospective. The Tribunal directed AO to delete additions, safeguarding assessee from retrospective impact.
The High Court overturned an order directing registration of a temple lease after finding serious concerns about mismanagement. The ruling affirms HR&CE’s authority to investigate financial and property irregularities in denominational temples receiving public contributions.
The High Court held that a works contract for supply, installation, and commissioning of machinery was indivisible. The Court allowed tax benefits under Section 3(F)(2)(b) of the U.P. Trade Tax Act.
The ITAT held that without pinpointing specific defects in books or vouchers, an arbitrary ₹50 lakh disallowance cannot stand. The ruling confirms that estimation cannot replace factual verification.
The 2025 amendment introduces the term “ineligible director” and prescribes a drawing-of-lots method for board reconstitution, clarifying removal and succession procedures in co-operative banks.
The 2025 amendment mandates unique identification marking for specified goods and imposes penalties for non-compliance, strengthening tracking and accountability under Manipur GST.
The court held that non-disclosure of CESS in GSTR-3B, corrected in GSTR-9, was revenue neutral. The appellate authority was directed to reconsider the case.
The 2025 amendment changes reporting dates in Forms VIII and X from alternate Fridays to the 15th and last day of the month, standardizing monthly compliance for banking companies.
The Tribunal held that the assessee cannot be penalised for mistakes of his CA and condoned a two-year delay. The matter was remanded for de novo assessment, reaffirming natural justice principles.
The Court set aside the Tribunal’s order after holding that additional Form F declarations worth over ₹15 crore must be considered. It directed authorities to verify the forms and determine tax liability accordingly.
