The ITAT Delhi has set aside a penalty imposed on a taxpayer, ruling that penalties cannot be levied on additions to income that are based on estimation. This decision follows a precedent in the same case.
In the case of Mobis India Limited vs. Principal Commissioner of Customs, the Madras High Court set aside a Tribunal’s order that rejected an appeal due to a 145-day delay.
Madras High Court has quashed GST notices against KAL Media, ruling that show-cause notices are impermissible if clubbed for multiple financial years in a single document.
The Madras High Court quashed a tax order against Natural Remedies Pvt. Ltd., citing a violation of natural justice. The court held that the company was denied a personal hearing and its reply was not considered.
The Gujarat High Court has issued an interim order restraining final action on GST show-cause notices against Hubergroup India. The court’s decision is based on a challenge to the notices, which were issued following a GST audit that was not completed within the statutory nine-month period as mandated by the GST Act.
The Delhi High Court has set aside a GST demand of over ₹10 crore against Manpower Group Services, ruling that the tax officer’s order was cryptic and failed to consider the company’s detailed reply and supporting documents.
Income Tax Appellate Tribunal (ITAT) Mumbai deleted a tax addition on a property purchase, ruling that the difference between the sale consideration and the fair market value (FMV) was within the permissible 10% tolerance, effectively invalidating the invoking of Section 56(2)(vii).
Karnataka High Court set aside orders confirming service tax demands based on CBDT data and relegated cases back to authorities for fresh consideration.
ITAT Jaipur has allowed a charitable society to claim an exemption for accumulated income. The tribunal ruled that parking funds in a scheduled bank at year-end constitutes compliance with tax law, even if converted to fixed deposits later
The ITAT dismisses a taxpayer’s claim for expenses against income disclosed during a survey but sets aside the application of a higher tax rate on the same income.
