ITAT Mumbai ruled on Dev Engineers Vs DCIT, deleting penalties under Sections 271(1)(c) and 271AAB. Additions were based on estimation, lacking evidence of concealment.
The Supreme Court issues notice on a plea challenging GST notifications extending limitation for adjudication under Section 73 of the CGST Act.
ITAT Agra quashes reassessment in Veerendra Singh Vs ITO due to failure to issue notice under Section 143(2). Key legal findings and case details explained.
Bombay High Court quashes penalty on VRML Constructions Pvt Ltd, citing technical glitches in ITBA records. Fresh proceedings may be initiated post-appeal disposal.
Purna Purshottam Exports Vs PCIT (Central) (ITAT Mumbai) Summary: The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) ruled in favor of Purna Purshottam Exports, stating that the Principal Commissioner of Income Tax (PCIT) cannot invoke Section 263 of the Income Tax Act, 1961, if the Assessing Officer (AO) has already conducted a thorough […]
Delhi HC directs Nil TDS for SFDC Ireland citing no Permanent Establishment in India. Clarifies taxation under DTAA and Rule 28AA compliance.
Analysis of Section 263 proceedings in a case involving a builder and developer. Learn why the PCIT directed reassessment for AY 2016–17 and key judicial observations.
ITAT Chandigarh rules against penalty on estimated income in AKM Resorts vs ACIT, reinforcing that additions based on estimation don’t imply income concealment.
Madras High Court quashes GST assessment order, granting Tvl. Rajendran Karthikeyan a chance to submit objections after paying 25% of disputed taxes.
ITAT Surat ruled on the classification of land as a capital asset under Section 2(14) for AY 2012-13. Decision centered on distance measurement standards and LTCG.
