Gujarat High Court held that reassessment notices issued after scrutiny assessment were invalid because the Assessing Officer had already examined the Section 50C valuation issue during original proceedings. The Court ruled that reopening amounted to a mere change of opinion.
ITAT Delhi noted that confirmations from the company and broker regarding share transactions were available but not adequately considered by the Assessing Officer. The case was remanded for denovo assessment.
The Supreme Court held that self-assessment introduced under the amended Customs Act qualifies as an assessment order under Section 2(2). Importers seeking refund must first challenge such assessment through statutory remedies before filing refund claims.
Chennai ITAT condoned a massive delay in filing appeals after accepting the assessee’s explanation that he became aware of favourable BSNL VRS rulings through employees’ WhatsApp groups. The Tribunal also held that BSNL VRS-2019 compensation is fully exempt under Section 10(10B).
Mumbai ITAT treated appeals against rejection of Section 12AB and 80G registration as infructuous after the CIT(E) subsequently granted approval following the Bombay High Court ruling. The original rejection had been based solely on absence of an irrevocability clause in the trust deed.
Telangana High Court dismissed the writ petition seeking action by the Income Tax Department against other partners of a firm over non-filing of returns. The Court held that inter se partnership disputes are private matters and do not create a statutory obligation on the Department.
The High Court disposed of the writ petition without expressing any opinion on the merits of the GST dispute. The petitioner was granted liberty to pursue the statutory appellate remedy against the Order-In-Original.
Telangana High Court set aside the order rejecting the taxpayer’s application for revocation of GST registration cancellation after finding that the rejection was solely due to non-filing of a reply to the show cause notice.
The Court invalidated the reassessment proceedings after finding the Section 148 notice to be barred by limitation. The ruling highlights that reassessment notices must strictly comply with statutory timelines.
Telangana High Court directed revenue authorities to process online applications filed through the Bhu Bharati portal for mutation and issuance of e-pattadar passbooks. The Court ordered authorities to decide the applications within 60 days after granting hearing to all concerned parties.
