Delhi HC sets aside the rejection of an exporter’s GST refund, ruling the department’s reasoning was flawed as the LUT was filed before exports.
Calcutta High Court quashed a GST penalty under Section 129, ruling the tax authority relied solely on an unverified supplier statement without proving intent to evade tax.
The case of assessee was that the assessments for these years were time-barred. It was urged that in view of the limitation prescribed under Section 19 of the Act, the authority concerned initially declared the assessments for all the years to be time-barred.
The ITAT ruled that a tax addition under Section 56(2)(x) cannot be made solely on stamp duty value. The AO must first obtain a DVO valuation.
The ITAT Raipur condoned a 1,742-day delay for an assessee, restoring their appeal. The ruling emphasizes a justice-oriented approach and bars CIT(A) from dismissing cases solely for delay.
ITAT Kolkata ruled a tax notice invalid for not specifying scrutiny type, quashing the entire assessment. The ruling reinforces that tax authorities must follow CBDT instructions.
The ITAT Rajkot condoned a 518-day delay for Arham Enterprise, setting aside an ex parte CIT(A) order. The tribunal’s decision prioritizes a case’s merits over technicalities.
The ITAT Kolkata deleted a ₹11.35 crore addition, holding that a retracted survey statement and “dumb documents” are insufficient to prove undisclosed income under Section 69A.
The ITAT Raipur ruled that the CIT(A) overstepped its jurisdiction by remanding a multi-crore TDS dispute involving SECL. The decision clarifies that a CIT(A) cannot remand cases that were not assessed under Section 144.
CESTAT Kolkata held that imposition of penalty under section 112(b)(i) of the Customs Act, 1962 not justified since there is no evidence available on record to show that the gold bars were of foreign origin and smuggled into the country.
