CESTAT Hyderabad rules in favor of Terapanth Foods Ltd., affirming FOB value under Customs Act, setting aside penalties for alleged mis-declaration of goods.
The Delhi High Court limits retrospective GST registration cancellation, affecting ITC denial. Read the detailed analysis of Prime Industries vs. Principal Commissioner case.
ITAT deletes On Money addition due to incomplete documentation lacking key details: payment dates, parties involved, and agreement specifics.
Read the Calcutta High Court’s decision dismissing a writ petition challenging an Income Tax Act assessment order. Details on appeal availability discussed.
The court’s decision centered around a technical issue hindering the petitioner from completing SVLDRS scheme’s payment requirements within the stipulated timeframe.
Read the detailed judgment of Suman Devi Vs ITO by Rajasthan High Court allowing condonation of ITR delay under Section 119(2)(b) of Income Tax Act 1961.
Rajasthan HC dismisses Income Tax Dept’s appeal, upholds ITAT decision deleting additions on capital gain from share sale. Read the full judgment here.
Explore the Bombay High Court ruling on ICICI Home Finance vs Union of India, where non-communication led to show cause notices lapsing. Full judgment analyzed.
Petitioner admits non-filing of GST returns due to accountant’s illness. Ignored notice citing format, so can’t claim natural justice violation.
The Andhra Pradesh HC ruled that CGST proceedings initiated without providing a hearing opportunity are invalid, reinforcing the importance of due process under Section 129 of the CGST Act.
