Explore why NIDB data alone isn’t enough for value determination as CESTAT Chennai annuls penalties in Gypsie Impex vs Customs case. Full analysis here.
Delhi High Court decrees no income addition without rejecting books of accounts in PCIT Vs Forum Sales Pvt. Ltd., upholding ITAT’s decision.
Delhi High Court amends GST registration cancellation date for Northern Hosiery Factory, setting precedent on retrospective changes without reasons.
Delhi High Court restores GST registration canceled without proper assessment, emphasizing the necessity for mindful administrative action.
Delhi’s ITAT dismisses revenue’s appeal, upholding CIT(A)’s deletion of additions under Section 68 of the Income Tax Act due to lack of cash payment evidence.
Delhi High Court orders IGST refund with interest under Section 56 of DGST/CGST Act, clarifying entitlement even if not claimed in the refund application.
Chennai’s ITAT supports CIT(A)’s deletion of cash deposit additions under Section 69A of the Income Tax Act, highlighting evidence-based judgment.
ITAT Delhi rules against penalty under Section 271(1)(c) for inaccurate income particulars from property sale, emphasizing legal and factual clarity.
Delhi High Court decision in Abhishek Verma vs Enforcement Directorate case. Provisional Liquidator to represent the company, individual charges upheld.
Delhi High Court quashes GST demand on Aarem Trad Ex Pvt Ltd. Clerical error claimed for Integrated GST credit. Detailed analysis and remittance to the proper officer.
