The Income Tax Appellate Tribunal (ITAT), Agra bench, set aside the Commissioner of Income-tax (Appeals)’s order confirming an addition of ₹1,23,10,312/- in the case of Ashok Kumar Goyal v. DCIT.
Allahabad High Court set aside GST assessment fixing evaded sales above purchases, directing authorities to pass a reasoned order after hearing the petitioner.
The Delhi High Court quashed the retrospective GST cancellation of M/s Kansal Associates, whose sole proprietor died during the COVID-19 pandemic, ruling that the legal heir must be given a fresh opportunity to file a reply and receive a personal hearing on the Show Cause Notice.
An NBFC’s claim for on an irrecoverable loan was allowed by the ITAT, which overturned the disallowance. The court ruled that non-recovery of a business loan differs from a loan waiver, qualifying the amount as a business loss or bad deb
Allahabad High Court quashes GST seizure for expired e-way bill caused by truck breakdown. Court confirms Section 129 action requires clear evidence of tax evasion intent.
The Income Tax Appellate Tribunal (ITAT), allowed the appeal of P. Maneklal & Co., deleting the addition of Rs. 4,78,500 under Section 69A of the Income-tax Act, 1961, made for unexplained gold stock found during a survey.
Delhi HC rules FIRCs need not match exports transaction-wise for ITC claims. Total foreign remittance suffices; case remitted for fresh adjudication.
CESTAT Kolkata, affirmed absolute confiscation of 22,120 kgs of foreign-origin black pepper smuggled without legal import documents and routes
The Customs Department was directed by CESTAT to pay interest on a pre-deposit, overturning a decision that denied it because the deposit was against a penalty. The ruling affirmed that Section mandates interest on the refunded amount after the appeal is decided.
Court emphasized that authorities must follow statutory procedure and provide a hearing before passing GST orders affecting taxpayers’ rights, remitting the case for fresh consideration.
