Punjab & Haryana High Court warns lawyers against using mobile phones to search Google/AI for answers to court queries, urging them to prepare in advance or face strict action.
Gauhati High Court allows a taxpayer a fresh two-month window to apply for GST registration restoration after the 270-day deadline passed, provided all dues are cleared.
The ITAT deleted a Rs. 23.30 Lakh protective addition made in the firm’s hands under Section 68, as the corresponding cash deposit had already been offered to tax by the partners. The Tribunal ruled that once the real recipient (partners) has paid tax, the protective assessment on the firm becomes redundant and cannot lead to double taxation.
The Tribunal directed the AO to treat the sales tax subsidy as a capital receipt, finding its purpose was to promote industrialization in backward regions, not subsidize production. The ITAT also deleted the Section 14A disallowance, confirming the taxpayer had sufficient own funds.
ITAT Mumbai upholds CIT(A)’s decision to restrict lakh addition to 1% in a client code modification case, ruling the assessee acted solely as a broker, not a beneficiary.
ITAT Chennai restored a lakh addition made u/s 115BBC to a trust, granting one chance to furnish complete donor details (name, address, PAN, and mode of receipt).
ITAT Chandigarh deleted a lakh unexplained money addition and allowed S.54 deduction after the retired Colonel substantiated the property sale source with bank records.
ITAT Jabalpur deleted a lakh disallowance u/s 40(a)(ia) for non-TDS on interest, ruling the payee’s tax payment nullified the assessee’s technical default.
The issue was whether the AO could make an addition for unexplained share capital and premium without finding any defect in the extensive documentation filed by the taxpayer. The Tribunal emphasized that the AO must make an independent inquiry and bring contrary material; mere suspicion or non-appearance cannot override the legal requirement that the addition must be based on a failure to prove the creditor’s details.
MP High Court sets aside GST cancellation for non-filing, allowing restoration on condition of submitting all pending returns and paying a penalty of for default.
