ITAT upheld disallowance of the claimed expenditure, concluding that mere entries in books of account and inadequate invoices were insufficient to substantiate expenditure on property improvement.
Delhi High Court directs modification of GST registration cancellation, now effective from the date of the show cause notice, with detailed analysis.
Read the Kerala High Court’s judgment directing re-export of gold seized from a bedridden petitioner. Learn about the legal implications and requirements for execution.
Explore the CESTAT Delhi ruling on Weldon Tours & Travels Pvt. Ltd. vs Commissioner of Service Tax, revealing no service tax liability on outbound tours. Full analysis provided.
Hyderabad ITAT grants additional opportunity to taxpayer to explain nature & source of cash deposits made during demonetization. Read full text.
In DCIT Vs Nilesh Shantilal Tank case, Mumbai ITAT confirms 12.5% gross profit margin on alleged bogus purchases as sales remain undisputed. Full text of the order included.
The court, after thorough consideration of submissions, documents, and evidence, upheld its original judgment, emphasizing the limited scope of review jurisdiction. It highlighted that review does not entail a rehearing or appeal but requires an error apparent on the face of the record, which was absent in this case. Therefore, the review petition was dismissed.
Kerala High Court quashes GST assessment order due to procedural flaws. Detailed analysis of Teena Jacob vs State Tax Officer case.
Read the Kerala High Court’s judgment on rectification of Form 26AS issued by a bank, directing the FAC to review the appeal promptly.
Kerala High Court ruling emphasizes time limits in Income Tax Act assessments on remand. Detailed analysis of Joseph Michael vs. DCIT case and its implications.
