Chandigarh ITAT held that CIT(A) has no power to set aside assessments passed u/s 143(3), as such power exists only for ex-parte orders u/s 144. Revenue’s appeal was allowed, and the case remanded for fresh adjudication on merits.
ITAT Ahmedabad dismisses an income tax appeal, ruling that an entire cash payment for land could not be taxed as an unexplained investment.
ITAT Agra rules AO’s failure to verify source of Rs.20 lakh property investment makes assessment order erroneous, upholding PCIT’s revision powers under Section 263.
The Telangana High Court dismisses a writ petition challenging a GST order, citing the availability of a statutory appeal remedy and the expiration of the limitation period.
The Karnataka High Court has quashed a criminal case against a taxpayer, ruling that he was not responsible for tax evasion and fraudulent acts committed by his Chartered Accountant.
ITAT Ahmedabad rules that a charitable organization’s application for tax exemption cannot be rejected solely due to a technical error in form submission without a hearing.
The ITAT Jaipur ruled that cash deposits explained by recorded sales cannot be added solely on an uncorroborated survey statement, upholding assessee’s appeal.
Supreme Court held that since the claim was filed, verified and informed to the Successful Resolution Applicant, the claim squarely falls within Clause 18.4(ii) read with Clause 18.4(vi)(a) of the Resolution Plan. Accordingly, possession of residential apartment is directed. Accordingly, appeal allowed.
GSTAT rules Mallikarjuna Cinema Hall profiteered by Rs. 16.5 lakhs by failing to pass GST rate reductions on cinema tickets to consumers between Jan-June 2019. Tribunal rejects arguments on state regulations and market dynamics.
The Karnataka High Court has acquitted an assessee, holding he cannot be criminally prosecuted for tax evasion when his Chartered Accountant fraudulently manipulated a payment challan after receiving the full tax amount.
