ITAT Ahmedabad held that reopening alleging income escaped assessment merely on the basis of Client Code Modification without any other corroborative evidence cannot be sustained. Accordingly, re-assessment held invalid.
Madhya Pradesh High Court held that re-entry into mortgaged property is illegal hence authorities are required to provide assistances and aid to the petitioner in dispossessing the borrower from the mortgaged property. Accordingly, writ allowed.
Madras High Court held that GST notice served only through GST common portal not accessible due to cancellation of GST registration. Accordingly, concluded that there was no service of notice and hence order quashed on account of breach of principles of natural justice.
Court held that Sh. Sanjay Bhandari is a fugitive economic offender under section 12(1) of Fugitive Economic Offenders Act, 2018 as DOE has met all the requirements as per section 2(f) read with section 2(m) and 4 of the Fugitive Economic Offenders Act, 2018 are met.
ITAT Hyderabad held that issuance of reassessment notice u/s. 148 and 148A of the Income Tax Act after 01/04/2021 without obtaining approval from the specified authority as per amended provisions of section 151 is invalid and liable to be quashed.
ITAT Bangalore held that benefit of exemptions under section 11 and 12 of the Income Tax Act cannot be granted without valid registration u/s. 12A/12AA. Accordingly, exemptions u/s. 11 and 12 denied in absence of valid registration under Income Tax Act.
ITAT Pune held that dismissal of appeal by CIT(A) on account of non-prosecution without deciding the appeal of merit is not justifiable. Accordingly, order of CIT(A) is set-aside to CIT(A) for denovo adjudication.
ITAT Pune held that extrapolation cannot be made on account of receipt of on-money for sale of shops in respect of which no evidence was found during the course of search. Accordingly, appeal partly allowed.
ITAT Pune held that addition towards unexplained cash deposits partly allowed considering the nature of business. However, since full details were not furnished, part addition towards unexplained cash deposits was upheld. Accordingly, appeal partly allowed.
Madhya Pradesh High Court held that E-way bill is a statutory document for transportation of the goods and without generation of Part B, the E-way bill is not valid. Accordingly, order passed by authority just and proper.
