Gujarat High Court quashes ITAT order, directing condonation of delay in Form 10B filing for a charitable trust, citing technical issues and judicial precedents.
Gujarat High Court dismisses writ petition in fake invoicing and circular trading case, directing petitioner to utilize the appellate remedy under Section 107 of the CGST Act for factual disputes.
Gujarat High Court rules ITAT erred in distinguishing staff loan interest, mandating adherence to binding precedents and remanding the case for rectification.
The Gujarat High Court dismissed most of the Revenue’s appeal against Gujarat Urja Vikas Nigam Ltd., clarifying Section 14A, capital grants, and interest income taxation.
Meghavi Minerals Pvt Vs ITO (Gujarat High Court) Gujarat High Court has upheld the Income Tax Officer’s (ITO) decision to reopen the assessment of Meghavi Minerals Pvt. Ltd. for the assessment year 2012-13. The court rejected the company’s challenge to the Section 148 notice of the Income Tax Act, 1961, which initiated reassessment proceedings based […]
Gujarat HC ruled that rental income from a property held as stock-in-trade by a construction business is business income, not income from house property.
Income received by an electricity distribution company from staff loans and advances should be classified as business income under Section 28(i) and not as “income from other sources”.
Gujarat High Court held that there is no mechanism of issuance of Document Identification Number [DIN] on any of the communication, notice, summons, orders issued by the State Tax Authorities. Accordingly, said contention of petitioner rejected and hence dismissed the petition.
Gujarat High Court dismissed anticipatory bail application of the applicant involved in fraudulent availment of input tax credit and passing on inadmissible input tax credit on the strength of issuance of invoices without underlined supply of goods or service or both due to serious economic crime.
Accordingly, the Petitioner preferred an application u/s. 119(2)(b) of the Income Tax Act, 1961 on 23.03.2020, seeking condonation of delay in filing the return of income for Assessment Year 2017–18, with a view to claiming refund of the TDS amount.
