Calcutta High Court dismisses PCIT appeal, ruling penalty notice under Income Tax Act invalid due to failure to specify contravention, citing judicial precedents.
Karnataka High Court mandates GST Department to establish a system for tracking email notice delivery after quashing adjudication orders due to non-receipt claims.
Madras High Court quashes GST assessment for P.N. Traders, ruling that notice served only via portal violates Section 169 and natural justice.
Gujarat High Court quashes GST confiscation order against Lakshay Logistics, citing lack of mandatory notice to the transporter before seizing vehicle and goods.
ITAT Ahmedabad held that income from the sale of Renewable Energy Certificates (RECs) by Mayur Dyechem Intermediates LLP for AY 2017-18 is a capital receipt and not taxable. Tribunal partly allowed the appeal and restored depreciation claims for CIT(A) adjudication.
ITAT Mumbai voids assessment against Candor Renewable Energy, ruling notices to non-existent amalgamated company invalid despite merger.
Madras High Court sets aside reassessment notice against Unitech Exhibition Pvt. Ltd., ruling it was based on change of opinion and issued beyond the four-year limit without new tangible material.
NCLAT set aside an NCLT order that maintained a liquidator’s status quo in a voluntary liquidation. NCLAT held that Corporate Debtor, not NCLT, has statutory authority to replace a liquidator under Insolvency and Bankruptcy Code.
Jayshreeben Jayantibhai Palsana Vs ITO (ITAT Ahmedabad) The case of Jayshreeben Jayantibhai Palsana vs ITO before the Income Tax Appellate Tribunal (ITAT), Ahmedabad, arose from an appeal against the order of the Commissioner of Income Tax (Appeals)-2, Delhi [CIT(A)], dated 15.04.2025. The appeal concerned the assessee’s eligibility to claim rebate under Section 87A of the […]
Bombay High Court grants anticipatory bail to directors accused of ₹23 crore wrongful ITC under CGST/MGST Acts, citing lack of need for custodial interrogation and applying SC bail guidelines.