ITAT Ahmedabad dismisses a revenue appeal, upholding the deletion of a ₹1.5 crore addition. The tribunal ruled the amount was a loan given, not a cash credit received.
The Patna High Court dismisses a writ petition by Lord’s Bhaskar Ventures, upholding the cancellation of its GST registration and the appellate authority’s decision based on a delay in filing the appeal.
Madras High Court mandates tax officers to consider late-filed GST replies, emphasizing natural justice. Order set aside; fresh hearing directed.
The ITAT Patna has set aside an income tax order, remanding the case of Waseem Alam back to the ITO. The tribunal granted the assessee a new opportunity to provide documents.
MP High Court dismisses writ, allows Sixer Marketing to file a delayed GST appeal, condoning the delay and directing the authority to hear the case on merits.
The ITAT has set aside a penalty order against a taxpayer, Murmu Pankaj Kumar, ruling it was premature as the core quantum appeal was still pending before the CIT(A).
ITAT Cuttack rules income estimation invalid if books of account are not formally rejected under Section 145, deleting estimated income for Sat Inder Constructions.
In the case of Paresh Manubhai Desai vs. ITO, the ITAT Mumbai has ruled that long-term capital gains exemption is applicable on the sale of inherited shares, setting aside a short-term capital gains tax.
The Chhattisgarh High Court has granted GTL Infrastructure a stay on a tax demand, allowing it to wait for the Goods and Service Tax Tribunal to become functional to file its statutory appeal.
The Bombay High Court has quashed a GST registration cancellation order against Manek Steel LLP, citing a lack of natural justice due to the non-disclosure of grounds.
