Delhi High Court rules previous year losses are not included in “tax effect” calculation under CBDT circular for appeal thresholds, dismissing Revenue’s appeal.
Mumbai ITAT quashes reassessment for Sonali Dharmendra Mhatre, ruling it time-barred under Section 149(1)(b) as the escaped income was below the Rs. 50 lakh threshold.
Pune ITAT remands Mangala Foundation’s 12AB and 80G applications to CIT (Exemption) for fresh consideration due to procedural issues and CA’s unavailability.
Mumbai ITAT rules in favor of Archana Foundation, allowing tax exemption despite 18-day filing delay, citing reasonable cause and judicial precedents.
Delhi High Court orders expeditious disposal of Casio India’s 12-year-pending income tax appeal, noting ₹3.5 crore recovery by tax authorities despite unresolved disputes.
Taxpayer Rajeev Kamat wins appeal as Pune ITAT rules Form 10IE filing is directory, directing benefit of new tax regime for AY 2023-24. Pune Tax Tribunal Allows New Tax Regime Claim for Individual
ITAT Mumbai rules presumptive taxation under Section 44AD doesn’t bar Section 68 additions for unexplained cash credits from suspicious transactions.
A reassessment order was quashed by the court due to a clear violation of natural justice principles, as the assessee’s response was ignored. The matter is remitted for fresh consideration.
Delhi High Court addresses Damanpreet Singh’s challenge to a GST show cause notice and order, remanding the case for re-adjudication while validity of notifications is pending in Supreme Court
Gauhati HC, in case of Ganapati Enterprise Vs. State of Assam and Ors., has quashed a GST demand order, reiterating necessity of a proper statutory show cause notice (SCN) under Section 73(1) of CGST Act, 2017.
