Madras High Court confirms interest on delayed GST remittances for G.P. Construction, allows appeal against penalty imposition.
On this foundational principle, the Court is of the view that the continued detention of the applicant cannot be justified on the sole of ground of statutory bar under Section 45. Thus, the Court is inclined to grant bail to the present applicant.
Madras High Court sets aside GST orders against Tvl. Evershine Industries, citing lack of personal hearing and ineffective portal communication post-registration cancellation.
ITAT Agra confirms ₹80.17 lakh addition as bogus LTCG from penny stock, citing lack of evidence and suspicious price jump in Yamini Investments shares.
Orissa High Court held that writ petition filed beyond the condonable period envisaged under section 107 of the Central Goods and Services Tax Act, 2017 [CGST Act] the same is not condoned. Accordingly, writ dismissed.
ITAT Ahmedabad held that mere filing of return in response to notice u/s. 148 does not ipso facto justify the invocation of section 270A(2)(b), unless there is a demonstrable act of under-reporting in substance. Thus, penalty deleted as failure to furnish return u/s. 139(1) doesn’t constitute under-reporting.
ITAT Cuttack condones delay and restores appeal in case of estimated income on cash deposits due to lack of representation before CIT(A).
Delhi HC reduces bond and bank guarantee for provisional release of areca nuts detained over classification and test discrepancies by Customs and CRCL.
ITAT Mumbai held that addition under section 69A towards unexplained cash found during course of search cannot be sustained since reconciliation of cash with concerned sales invoices duly produced. Accordingly, appeal of revenue dismissed to that extent.
NCLAT dismissed Liquidator’s appeal as premature, urging NCLT Ahmedabad to decide pending IAs by the successful auction purchaser without delay.
