ITAT Mumbai quashes a reassessment notice, ruling it was invalid as the sanction was granted by the wrong authority under Section 151 of the Income-tax Act.
The Bombay High Court has quashed a reassessment notice for AY 2018-19, ruling the sanction was improperly granted by a lower authority, the PCIT.
GSTAT ruled that Raj & Company failed to pass on GST rate cut from 28% to 18% on cosmetics, profiteering ₹3.31 lakh. Distributor directed to deposit with interest.
Allahabad High Court voids a GST registration cancellation, citing a contradictory order that revealed non-application of mind and a lack of due process.
Allahabad High Court sets aside a GST registration cancellation, citing violations of natural justice, including improper notice and lack of a hearing.
The Karnataka High Court ruled that an assessee can claim Section 54 exemption for capital gains on more than one house purchased, citing legislative intent and judicial precedents.
The ITAT Cochin ruled that cash received as a final payment during a property registration is not a violation of Section 269SS, waiving the penalty.
The Calcutta High Court invalidates a penalty under Section 271(1)(c) because the show-cause notice failed to specify whether the charge was for concealing or furnishing inaccurate income particulars.
CAAR Delhi holds flavoured supari classifiable under 21069030 and eligible for customs duty exemption under Notification 68/2012-Cus. Judicial precedents examined.
CAAR Delhi held flavoured supari is classifiable under 2106 9030, not raw areca nuts, and eligible for concessional duty under Notification 68/2012.
