The application for approval under section 80G, though filed simultaneously, was rejected without any separate adjudication. The CIT(E) summarily disposed of the 80G application along with the 12AB rejection, without recording any satisfaction or finding in terms of section 80G(5).
ITAT Chandigarh held that addition towards bogus Long Term Capital Gain u/s. 153A of the Income Tax Act cannot be sustained in the absence of any incriminating material found during the course of search. Accordingly, appeal allowed and addition deleted.
ITAT Chennai held that deduction under section 80P(2)(a)(i) of the Income Tax Act is admissible to Regional Rural Banks. Accordingly, appeal of revenue dismissed and order of CIT(A) upheld.
Ahmedabad ITAT dismisses revenue’s appeal, deleting additions for demonetisation-era cash deposits, citing a lack of evidence for tax evasion.
Gujarat High Court sets aside GST penalty for a vehicle number mismatch on an e-way bill, citing no intent to evade tax. Read the full judgment here.
Bombay High Court strikes down service tax and IGST on ocean freight for CIF imports, citing unconstitutionality and lack of legal authority for a reverse charge mechanism.
Denial of DTAA benefits to UAE resident over capital gains on debt mutual funds. The case examines whether ‘liable to tax’ requires actual tax payment.
Gujarat High Court rules in favor of Pee Gee Fabrics, quashing orders that denied a GST refund. The court found authorities adopted a pedantic approach by rejecting a legitimate claim based on technicalities.
The Madras High Court ruled that tax payments made to the e-cash ledger are valid even if GSTR-3B returns aren’t filed during liquidation, quashing a GST demand.
The Allahabad High Court has ruled a GST order invalid, stating that show cause notices issued solely via the portal after registration cancellation are not sufficient.
