Bombay High Court affirms ITAT’s decision, upholding a penalty on Veena Estate under Section 271(1)(c) for inaccurate income disclosures in a real estate transaction.
Bombay High Court upholds CIT’s revisional jurisdiction in KEC International’s tax dispute, dismissing the appeal on Section 115J and 32AB adjustments.
Orissa High Court allows delay in GST registration revocation on payment of dues in Abhaya Kumar Sethi’s case.
Orissa High Court grants interim relief in a GST appeal, reducing deposit requirements due to the non-constitution of the Appellate Tribunal.
Orissa High Court allows revocation of GST registration cancellation if dues are paid, condoning delay in application under Rule 23 of OGST Rules.
ITAT Mumbai invalidates reassessment in Ramlal G Suthar vs. ITO due to improper approval under Section 151(ii) of the Income-tax Act, 1961. Read the full summary.
Bombay High Court quashes reassessment notices issued to a non-existent entity post-merger in City Corporation Ltd vs ACIT, citing substantive illegality.
Bombay High Court addresses Hiralal Malu’s plea for the return of seized jewelry, highlighting disputes between the tax department and Bank of Maharashtra over its whereabouts.
ITAT Mumbai ruled on TVF Fund Ltd’s appeal regarding tax loss set-off under DTAA. Key issues include carry-forward losses, taxability, and judicial precedents.
Orissa HC examines TDS prosecution in D.N. Homes case, focusing on COVID-19 delays and reasonable cause under Section 278AA of the Income Tax Act.
