Gujarat HC quashed the reassessment proceedings after holding that ignoring the assessee’s adjournment request violated natural justice.
The Gujarat High Court upheld the Tribunal’s estimation of 6% on disputed purchases, holding that concurrent findings of fact warranted no interference. It dismissed the appeals for absence of any substantial question of law.
The Gujarat High Court held that the Assessing Officer relied only on information from the Maharashtra Sales Tax Department without conducting independent verification. It upheld the restriction of the addition to 5% and dismissed the Revenues appeal.
The Court ruled that the statutory saving clause permits service tax proceedings to be instituted, continued, and enforced after the repeal of the Finance Act provisions. The writ petition was dismissed with liberty to contest the matter before the adjudicating authority.
The Gujarat High Court held that Customs could not introduce new allegations and evidence through a corrigendum after the adjudication hearing had concluded. It directed the authority to decide the original show cause notice without considering the corrigendum.
The Gujarat High Court held that exporters may apply for RoDTEP benefits even if the claim was not mentioned in the shipping bills. It directed that such omission should not be treated as a waiver or result in rejection of the claim.
The Gujarat High Court held that exporters who exported sugar with the prescribed permission of the Directorate of Sugar were entitled to RoDTEP benefits. It directed the authorities to grant the rebate despite the export policy being classified as restricted.
The Gujarat High Court held that the Tribunal rightly deleted the addition after finding that the Assessing Officer had not verified the assessees claim. It ruled that no substantial question of law arose and dismissed the Revenues appeal.
The High Court upheld the ITAT’s finding that the assessee had established the identity of creditors and the genuineness of loan transactions through banking channels. The Revenue’s appeal was dismissed.
The Gujarat High Court upheld the ITAT’s decision restricting the addition on alleged bogus purchases to 6% instead of sustaining a 100% disallowance. It held that the appellate authorities rightly taxed only the income component embedded in the disputed transactions.
