Madras High Court held that the recording of satisfaction note is pre- requisite before initiating proceeding under section 153C of the Income Tax Act. In absence of the same, assessment order is liable to be quashed. Accordingly, appeal of the revenue is dismissed.
Held that wherever a company is required to deduct tax at source and to pay it to the account of the Central Government, failure on the part of the company in deducting or in paying such amount is an offence under the Act and has been made punishable.
Madras High Court held that service of GST notice only through GST portal is not service of notice in compliance with Section 169 of TNGST. Hence, assessment order passed thereon is liable to be quashed.
On appeal. It was held that application for refund was rightly rejected, as it was filed beyond the prescribed limitation period of six years from the end of the assessment year for which the application/claim was made.
Kerala High Court rules a Section 263 order is not a closed remand, allowing challenge to subsequent assessments without separate appeal.
Kerala High Court clarifies Joint Commissioner’s authority to revise assessment orders post-remand, upholding revenue interests.
Madras High Court addresses GST rectification order, appeal time limits. Court clarifies appeal period starts from rectification rejection date.
Orissa High Court ruling on the deposit of disputed tax for appeal, following revised guidelines for stays in tax disputes.
Bombay HC disposes of Sai Service case after CBIC clarifies input tax credit eligibility for demo vehicles via a circular issued on 10.09.2024.
Bombay HC condones delay in electronic filing of Form 10B for Borivli Education Society, ruling that manual submission within time was substantial compliance.
