The J&K High Court has ruled that a fresh notice to a borrower’s legal heirs is not required for a bank to take possession of an asset under Section 14 of the SARFAESI Act.
The Uttarakhand High Court has allowed a business to apply for the revocation of its GST registration despite missing the deadline, citing the complexity of the law.
The ITAT Kolkata has ruled that a ₹4.20 crore addition made under Section 143(1) is invalid because the tax authorities failed to issue a prior show cause notice.
Chhattisgarh High Court sets aside GST revision order against Agrawal Agro Centre, citing absence of competent authority and lack of reasoned conclusions.
The Chhattisgarh High Court has disposed of a petition from Deepak Mashran, an Ahata licensee, after the state granted a time extension for fees and acted on his complaint.
ITAT Ahmedabad has removed a Rs. 52.91 lakh tax addition on a land purchase, citing unreliable evidence from a draft Memorandum of Understanding (MOU).
ITAT Nagpur sets aside an ex-parte CIT(A) order for assessment year 2017-18, imposing Rs. 10,000 cost on the assessee for chronic procedural delays and non-compliance.
Mumbai ITAT deletes income additions for Asha Bhadra in penny stock case, citing SEBI report and judicial precedents confirming genuine share transactions.
Delhi High Court directs acceptance of Acuity KP Solutions’ tax return and refund, citing time-barred assessment proceedings after ITAT’s 2012 remand order.
The ITAT Mumbai has ruled in the case of Dhiren Ramanlal Shah vs. ITO, allowing an individual partner to carry forward losses and get relief from late fees. The ruling hinges on the fact that the partner’s firm had to file an audit report, extending the partner’s own filing deadline.
