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Kerala HC Upholds Reassessment Based on Estimation of Income Escaped Assessment

February 9, 2024 1353 Views 0 comment Print

Kerala High Court dismisses Jibu John’s writ petition challenging assessment reopening under Section 147 for income exceeding Rs. 50 lakhs.

Kerala HC Directs Avail Alternate Remedies: KGST Act Assessment

February 9, 2024 654 Views 0 comment Print

Kerala High Court directs Ochanthuruth Service Cooperative Bank Ltd. to avail appellate remedies against the assessment order under the KGST Act.

Assessment Order on Old PAN Appealable Despite New PAN allotment: Kerala HC

February 9, 2024 1944 Views 0 comment Print

Kerala High Court rules that an income tax assessment order passed on an old PAN is appealable even if a new PAN is issued, provided the old PAN is active.

Reassessment: Invalid if AO’s Belief Lacks Bona Fides, Is Vague and Arbitrary

February 9, 2024 966 Views 0 comment Print

Explore the Jharkhand High Court’s decision in Pasari Casting vs. Income Tax Department, addressing a critical tax reassessment issue. A detailed analysis inside.

Reassessment cannot be initiated based on insufficient, vague, or irrelevant materials

February 9, 2024 2127 Views 0 comment Print

Unveiling the Jharkhand High Court’s decision in Pasari Casting vs. IT Department, highlighting key aspects of tax law and principles of justice.

Liquor import case: Complaint Against director Not Maintainable Without Company as Accused

February 9, 2024 783 Views 0 comment Print

The Calcutta High Court quashes a prosecution report against a director in a liquor import case, highlighting legal nuances and implications for company liability.

Draft Assessment Order passed without Considering Petitioner’s Objections: HC Quashed

February 9, 2024 2091 Views 0 comment Print

Read the detailed analysis of CPF (India) Private Limited Vs ACIT case where Madras High Court annulled assessment proceedings due to violation of Sec 144B procedure.

Kerala HC Dismisses Writ on GST Transitional Credit, Cites Appeal Remedy

February 9, 2024 453 Views 0 comment Print

Kerala High Court dismisses writ petition of Metalex Agencies on transitional credit claim under GST Act, citing availability of statutory appeal remedy.

GST SCN issued beyond Period of Limitation u/s 73 of Finance Act: Delhi HC allows Withdrawal of Petition

February 9, 2024 1779 Views 0 comment Print

Delhi High Court allows withdrawal of petition in I And S Communique Pvt Ltd vs Commissioner of CGST case due to show cause notice issued beyond the period of limitation.

HC directs AO to Share Support Materials for GST Registration Cancellation Notice

February 9, 2024 531 Views 0 comment Print

Delhi High Court directs provision of materials supporting Show Cause Notice for GST registration cancellation in P.N. Global Traders case.

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