AP High Court rules non-territorial tax officers need separate authorisations for audit & assessment, setting aside orders for lack of mandates.
Delhi High Court sets aside Customs confiscation and penalty for traveler, rules standard waiver of show cause notice and hearing is legally invalid.
Delhi High Court orders release of personal gold seized by Customs, stresses distinguishing personal jewellery from other gold under Baggage Rules, citing prior ruling.
Delhi High Court directs Customs to release personal jewellery of returning Indian citizens, noting lack of justification for detention and absence of show-cause notice.
Telangana High Court held that issuance of garnishee notice attaching bank account despite pendency of appeal and stay application is not sustainable and same deserved to be set aside. Accordingly, writ petition disposed of.
Delhi HC Quashes Reassessment Due to Change of Opinion and absence of failure on the part of the assessee to disclose fully and truly all material particulars necessary for assessment.
ITAT upholds AO’s 20.97% gross profit estimation for Sarandhar Gupta due to unverifiable cash expenses in road contracting business.
Delhi High Court held that independent non-executive director cannot be held liable for non-fulfilment of export obligations by the company. Accordingly, penalty imposed on the director is liable to be set aside.
Orissa High Court clarifies that the Supreme Court’s interim relief on entry tax interest applies solely to petitioners who filed the SLP, not all assessees.
Delhi High Court held that initiation of reassessment proceedings by issuance of notice under section 148 of the Income Tax Act is not sustainable in law in as much as the same is barred by limitation as stipulated u/s. 149 (1) of the Income Tax Act.
