The Tribunal held that an unsigned notice under Section 148 is invalid and does not confer jurisdiction on the Assessing Officer. Consequently, the entire reassessment and additions were quashed as void ab initio.
The ROC held that inability to produce statutory minutes amounts to a clear violation of Section 118. Historical loss of records due to flood does not absolve ongoing compliance obligations.
The Tribunal held that once reassessment is validly initiated, the Assessing Officer can tax any escaped income discovered later. Additions need not relate to the original reopening reason.
The Tribunal held that absence of a mandatory notice under Section 143(2) vitiates the entire reassessment. Participation by the assessee cannot cure a jurisdictional defect.
NGO Darpan creates a central identity for trusts and NGOs. A valid Darpan ID is now essential for grants, CSR funding, and FCRA compliance.
Consolidated GST notices are common but risky. Their validity depends on strict compliance with year-wise limitation and clear allegations for each period.
The ROC held that uploading incorrect data and attachments in a statutory return constitutes a completed contravention. Later correction requests cannot wipe out penalty liability.
Section 194T mandates 10% TDS on salary, interest, and remuneration paid to partners. Firms must now deduct tax at source once partner-wise payments exceed Rs. 20,000 annually.
The Tribunal upheld that quarry expenses represented the cost of procuring raw material under a valid business arrangement. Denying such costs would lead to unrealistic profit margins.
The Tribunal ruled that an issue conclusively settled by ITAT, High Court, and Supreme Court cannot be revisited by the AO under Section 254. Deduction under Section 10A was ordered to be allowed.
