ITAT Rajkot rules Section 80P deduction for co-operative societies not deniable due to belated return filing under Section 139(4), remanding cases for re-examination.
Delhi CESTAT cancels Rs. 10 lakh penalty on Safewater Lines, noting that the basis for penalty confiscation of goods was already set aside.
ITAT Ahmedabad voids reassessment notice, stating if likely to escape income is below Rs. 50L after basic analysis, it’s barred by limitation under Section 149.
High Court holds reassessment invalid; share value difference on exchange for interest in a not-for-profit entity not taxable as perquisite under Section 2(24)(iv).
Delhi ITAT remands Tejasvi Bhalla’s Rs. 7 Cr income addition under Section 69 to AO, mandating verification of capital and stock balances for clarity.
ITAT Mumbai grants Goregaon Education Society tax exemption under Section 11, ruling that belated filing of Forms 9A and 10 is permissible if done before assessment, citing binding CBDT circulars.
Ahmedabad ITAT restores a trust’s 12AB registration application, ruling that rejection based solely on procedural lapse without examining genuineness violates natural justice.
The Delhi High Court has permitted Delhi Foils and Abinox Industries to file a single consolidated appeal against a common GST demand order, granting time for pre-deposit.
Kolkata CESTAT sets aside service tax demand on Maninder Singh, citing recipient’s payment under RCM and invalidity of demand based solely on Form 26AS.
Madras High Court set aside a GST liability order against Rethinasamy Gandhi for transportation services to TASMAC, citing failure to consider Reverse Charge Mechanism.
