Calcutta High Court remands Surekha Shah’s GST appeal back to Appellate Authority, citing marginal delay and non-constitution of appellate tribunal, for a merits-based decision.
Calcutta High Court dismisses Income Tax Department’s appeal regarding unexplained cash credit from share capital, citing a previous binding decision.
Calcutta HC rules in PCIT vs Abhijeet Enterprise that Section 68 doesn’t apply to shares allotted for a liability if no actual cash is exchanged, citing key precedents.
Calcutta High Court remands Bajaj Wheels tax case to adjudicating authority for fresh decision, citing appellate order’s lack of explicit directions.
The Calcutta High Court set aside orders against Kamdhenu Udyog P Ltd., ruling that a technical error in ITC reversal forms should not override substantive compliance. The company had voluntarily reversed wrongly availed Input Tax Credit.
Calcutta High Court has dismissed a writ petition filed by Kesoram Industries Limited challenging a reassessment notice and a subsequent assessment order from the Income Tax Department. The court underscored a crucial legal principle: a challenge to the validity of a notice is not maintainable after the assessee has participated in the ensuing proceedings without contemporaneous objection.
Calcutta High Court dismisses Beacon Tiles’ petition for Rs. 15.44 lakh dues from Bidhannagar Municipal Corporation due to lack of completion certificate and disputed liability.
Calcutta High Court upholds reopening of assessment for a company receiving cash credit from a shell entity providing bogus LTCG/STCG, citing valid reasons and assessee’s failure to explain the transaction.
Calcutta High Court upholds Tribunal’s decision, dismissing revenue’s appeal in Mallcom VSFT Gloves case regarding Section 68 addition of Rs. 5.07 Crores.
Calcutta High Court affirms ITAT’s deletion of unexplained cash deposit addition during demonetization, citing AO’s failure to submit remand report and lack of rebuttal.
