The Gujarat High Court held that information seized from a third party without a direct nexus to the petitioners cannot sustain a Section 153C notice. The AO’s action was quashed.
The Court restored GST appeals before the Appellate Authority, requiring the petitioner to pre-deposit 25% of the disputed tax. The ruling emphasizes compliance with procedural pre-deposit requirements for appeals.
The Court held that the tax authority wrongly dismissed a delay condonation plea without considering the assessee’s serious medical condition. The ruling emphasizes that genuine hardship must be evaluated liberally under Section 119(2)(b).
The Court held that the delay in paying redemption fine, arising during the COVID-19 period, could be condoned. It ordered implementation of the original decision allowing re-export of the seized gold.
The Court held that ownership of detained gold bangles was disputed, making a writ petition inappropriate. The petitioner was directed to file an appeal before the Commissioner of Customs (Appeals).
Court held that C-Forms could not be refused solely because inter-state purchases were mistakenly omitted from revised returns. The ruling directs issuance of Forms as transactions were genuine and no revenue loss occurred.
Sikkim HC ruled that non-banking cooperative societies can claim deductions on interest income from cooperative banks, reversing ITAT’s misinterpretation of section 80P(4).
The court held that a VAT assessment without serving the required Form-25 notice is void, and any recovery made is unlawful. Tax authorities must ensure proper communication to enforce assessments.
Delhi High Court ruled that prosecution under Income Tax Act Sections 276C and 278E can proceed when evaded tax exceeds Rs.25 crores, even if appeals are pending, confirming proper authority delegation.
The Karnataka High Court ruled that interconnect service charges paid to non-resident telecom operators do not constitute royalty. The appeal by DCIT was dismissed, following a prior Co-ordinate Bench decision.
