The Delhi High Court has set aside a Rs. 2 lakh penalty on a 19-year-old taekwondo player, Vivek Kumar Singh, finding that he was acting on instructions from his coach.
The Madras High Court ruled that a taxpayer’s timely manual appeal is valid, directing an appellate authority to decide on a case related to an e-invoice issue.
The ITAT dismisses a tax addition on Hitesh Trading Company, finding the Assessing Officer’s estimation of a higher gross profit was arbitrary and lacked legal justification.
ITAT deleted an addition of ₹3.80 lakh made towards leave encashment under Section 43B, ruling that the Commissioner of Principal Commissioner (CPC) had no jurisdiction to make the addition.
Gauhati High Court grants anticipatory bail to vehicle owner in DRI foreign cigarette seizure case, directing cooperation with investigation under Customs Act.
The Madras High Court ruled that air curtains are not electrical fans, dismissing a petition from Almonard Limited and upholding a 12% sales tax under the Tamil Nadu General Sales Tax Act.
ITAT Ahmedabad dismissed the Revenue’s appeal, ruling that a taxpayer’s sale of agricultural land is not subject to capital gains tax, regardless of the buyer’s later use.
The Patna High Court quashed a GST registration suspension for ‘Shiv Construction,’ ruling that the action was invalid as it was taken without a proper hearing.
The Bombay High Court rules that a person’s right to travel abroad cannot be restricted solely because of a pending tax prosecution, citing it as a fundamental right.
The Income Tax Appellate Tribunal (ITAT) Pune has ruled in favor of an assessee, Sonal Ashish Shah, reversing an addition made by the Income Tax Officer (ITO) on the sale of shares in Blazon Marbles Limited, an alleged penny stock company.
