Calcutta High Court in Paritosh Ghosh Construction Pvt. Ltd. held that Mere use of the terms fraud and willful mis-statement does not automatically trigger penalties. The adjudicating authority must establish facts related to fraud or willful mis-statements.
Read the full judgment of Calcutta High Court dismissing IT Depts appeal against Gobind Ram Goel Charitable Trust’s 12AA(3) registration cancellation. Detailed analysis included.
It is trite that under guise of power vested in Revenue to reassess an income which had escaped assessment upon production of fresh tangible material, it cannot be allowed to exercise power of review.
Read the detailed analysis of Bombay High Court’s judgment quashing customs duty reassessment against Patanjali Foods on crude palm oil imports. Full text included.
Gujarat High Court grants Alembic Ltd Rs. 4 crore income tax deduction under Section 80IA for their captive power plant. Read the full judgment and analysis here.
Kerala High Court quashes order demanding late fee for delayed GSTR-9C filing, providing relief to taxpayers who filed before 01.04.2023.
Kerala High Court rules on capital gains tax for transfer of depreciable assets in PVR Tourist Home Vs CIT. Read the full judgment and detailed analysis here.
Allahabad HC admits writ in Abdul Rahman & Sons Vs Union of India, ruling no provision for appeal against IGST order before U.P. GST Appellate Authority.
Calcutta High Court rules in favor of Vodafone Idea Limited, stating no TDS is required on payments received by distributors/franchisees. Detailed analysis inside.
Allahabad HC directs N.G.K Infra Ventures to file an appeal u/s 107 of GST Act, emphasizing the utilization of appeal provisions in tax disputes.
