ITAT Delhi held that the benefit of working capital adjustment while computing the ALP has also not been borne in mind hence matter restored to the file of TPO/ AO for fresh determination in accordance with law.
Bombay High Court held that if municipal rateable value doesn’t depict correct annual value, AO can make independent enquiry under section 23(1)(a) of the Income Tax Act and determine the sum which the property is reasonably expected to fetch for purpose of determining annual value u/s. 22.
CESTAT Chennai held that Directorate of Revenue Intelligence [DRI] has jurisdiction to issue a show cause notice [SCN] in the case of drawback. Accordingly, plea of appellant of DRI officers lacked jurisdiction failed.
Allahabad High Court quashes a GST demand of over Rs. 18 lakh against a deceased proprietor, ruling that a show cause notice must be issued to the legal heir.
Madras High Court held that delay of one day in filing of an appeal before appellate authority is condoned since reason for delay appears to be genuine. Accordingly, delay condoned and respondent/ department directed to take appeal on record.
CESTAT Chennai returns N.R. Colours Ltd.’s SAD refund case to original authority for re-evaluation, citing an incomplete Chartered Accountant’s certificate as the reason for initial rejection.
Calcutta High Court remands GST appeal as assessee claims unawareness of SCN uploaded under “Additional Notices and Orders,” ordering appellate authority review.
CESTAT Bangalore set aside a Rs. 50,000 penalty on a customs broker, citing membership approval before show-cause notice communication.
The Allahabad High Court has dismissed a petition challenging a GST notice, ruling that uploading it to the common portal constitutes valid service under Section 169(1)(d).
The ITAT Pune has ordered a fresh hearing for a scrap dealers ₹3.84 crore tax dispute, ruling that the initial appeals were wrongly dismissed without merit review.
