The Orissa High Court has remitted a GST case, allowing a taxpayer to rectify a human error that led to an overclaimed Input Tax Credit.
NCLT Mumbai allowed the Stakeholders Committee of Phalcomm Infra Solutions to replace the existing liquidator, appointing Mr. Manish Dawda in place of Mr. Uday Sakrikar, to streamline the liquidation process.
The ITAT Chandigarh deleted a ₹25.25 lakh cash deposit addition to an illiterate agriculturist’s income, accepting bank records as evidence of redeposited funds.
The ITAT Mumbai ruled that once Form 10EE is filed, its benefits under Section 89A apply automatically to future years, making annual filing unnecessary.
The ITAT Pune bench partially allows the appeal of Avin Gopal Chotiya, upholding the disallowance of excess HRA claimed due to a shared rent agreement but deleting additions.
ITAT Delhi partly allowed the assessee’s appeal for AY 2012-13, reducing the unexplained investment addition from Rs. 7.82 lakh to Rs. 1.32 lakh. The tribunal factored in the assessee’s socio-economic status and past family savings, granting a net relief of Rs. 6.5 lakh.
NCLT Allahabad held that application under section 7 of the Insolvency and Bankruptcy Code for initiation of Corporate Insolvency Resolution Process [CIRP] against M/s. LDR Developers Private Limited [Corporate Debtor] admitted as debt and default proved.
Andhra Pradesh High Court held that single GST show cause notice cannot be passed in relation to more than one tax period of either a month if the assessment is taken up before the due date for filing of the annual return or for more than one year if the due date for filing of annual return has been reached.
High Court ordered pending restoration application of assessee before ITAT to be considered expeditiously, while noting a demand raised under Section 156 of Income Tax Act. The court emphasized avoiding unnecessary adjournments.
The ITAT has condoned a one-day delay in the filing of Form 10B by a charitable trust, directing the tax authorities to allow its claim for deductions.
