The Kerala High Court ruled that an income tax assessment based on a DVO’s valuation cannot be revised under Section 263 without concrete material proving error.
Gauhati High Court sets aside GST demand in Phanidhar Borsaikia case, citing lack of proper show cause notice under CGST Act Section 73, relying on Construction Catalysers precedent.
ITAT Ahmedabad partially allows Vadilal International’s appeal, cutting the Section 14A disallowance for exempt dividend income from Rs. 15 lakh to Rs. 30,000.
ITAT Delhi cuts ad hoc expense disallowance for Biolife Medical Pvt. Ltd. from 10% to 4%, citing lack of proof and comparables, with a non-precedent clause.
ITAT Pune remands Vardhaman Vasundhara Family Trust’s appeal to CIT(A), citing failure to adjudicate merits of brought forward capital loss set-off and violation of Section 250(6).
Delhi ITAT sets aside reassessment notices against Sampark Management Consultancy LLP, citing invalid sanction post-Finance Act, 2021, and lack of proper authority approval.
Ahmedabad ITAT directs CIT(Exemption) to review Shree Kadava Patel Gau Seva Samaj Jamvali’s tax exemption applications on merits, overturning procedural dismissal.
ITAT Delhi allows full relief to salaried individual for demonetization cash deposits, citing religious beliefs and proven salary withdrawals.
Visakhapatnam ITAT dismisses revenue’s appeal in DCIT vs. Datla Vivekananda Raju, upholding telescoping benefit for marriage expenditure against company’s admitted income.
Madras High Court rules assessment reopened under Section 147, completed under 143(3), is invalid if mandatory Section 143(2) notice isn’t issued.
