Meghalaya High Court directs tax authorities to accept a manually filed revised IT return from Shyam Century Ferrous Ltd. for a mistake, citing a Delhi HC precedent.
Madhya Pradesh High Court sets aside GST demand, finding show cause notice uploaded under Additional Notices insufficient, violating natural justice, citing Madras and Delhi High Court precedents.
Calcutta High Court restores reassessment for bogus LTCG, finding ITAT erred by ignoring AO’s evidence and satisfaction in a penny stock scam, citing Supreme Court precedents.
Gujarat High Court rejects bail for a woman accused in a Rs. 14 lakh cyber fraud, citing impersonation as IT/Customs officials, use of forged documents, and concerns about absconding due to foreign passports.
ITAT Pune remands case regarding set-off of brought-forward business losses against deemed short-term capital gains from depreciable assets, citing judicial precedents and scope of Section 143(1).
Delhi High Court sets aside tax action against Rajat Sharma’s Independent News Service Pvt. Ltd. over alleged unaccounted foreign remittances for AY 2017-18.
Kerala High Court rules Occupancy Certificate isn’t the sole basis for building tax. Authorities can re-measure plinth area for luxury tax under Kerala Building Tax Act.
Kerala High Court invalidates income tax reassessment for AY 2016-17, citing a statutory time bar as escaped income was below the ₹50 lakh threshold.
CESTAT Delhi rules BHEL is entitled to 6% interest on delayed CENVAT refund, overturning Commissioner (Appeals) decision.
Kerala High Court sets aside reassessment against co-operative bank, ruling proceedings based on a cancelled PAN denied effective opportunity to contest.