CESTAT Chennai rules that declared import values cannot be rejected solely based on NIDB data without valid reasons or supporting evidence.
Bombay High Court quashes MVAT appeal dismissal and directs decision based on merits, citing statutory mandate under Section 26 of the Maharashtra VAT Act.
Karnataka HC directs the Income Tax Department to refund Rs.154 crore with interest to IBM India, as per the Supreme Court’s directive.
NCLAT rules limitation period for IBC appeal starts from date of order pronouncement, not upload, dismissing appeal due to delay beyond permissible period.
ITAT Surat remands Mahesh Desai’s appeal to AO, allowing him to substantiate cash deposits after prior ex parte decisions, upholding fair hearing principles.
ITAT Hyderabad sets aside CIT(A) order, clarifying that Section 249(4) cannot apply when no advance tax liability exists. Appeal to be reviewed on merits.
ITAT Surat lowers commission income rate for Nanak Motumal Pherwani to 0.50% on bank transactions, aligning with reasonable industry standards in cheque discounting.
Karnataka HC sets aside PCIT’s order on unreasonable tax demand, remanding the case for fresh consideration, including hardship and demand analysis.
ITAT Bangalore condones a delay in tax audit filing due to trustee’s illness, directing further assessment per CBDT’s order for tax benefit eligibility.
Orissa High Court condones delay and permits GST registration revival for Satyananda Kabi, contingent on settlement of dues and compliance with legal formalities.
