The ITAT Delhi quashes a tax assessment against Dazzle Developers P. Ltd., ruling that an assessment on a dissolved company is legally invalid.
ITAT Chennai held that invocation of revisionary power under section 263 of the Income Tax Act by PCIT justified since AO erroneously accepted the returned income without complete enquiry. Accordingly, appeal of assessee dismissed and revisionary proceedings upheld.
Mumbai Magistrate Court grants bail to Akhtar Yunus Khan, a businessman accused in a ₹9.19 crore GST fraud case, citing his cooperation and the completion of custodial interrogation.
High Court granted bail to two accused arrested with 23 liters of hand-made Mahua liquor under Sections 34(2) & 59(a) of the C.G. Excise Act, noting no criminal antecedents and prolonged custody since June 2025.
CESTAT Delhi held that revocation of Customs Broker License by Customs authorities not sustainable since there is no violation of Regulation 10(b), 10(d) and 10(n) of CBLR, 2018 as alleged in the impugned order. Accordingly, appeal allowed.
The Supreme Court of India ordered a probe into the Punjab and Haryana High Court for a significant delay in publishing a bail order and potential backdating. Interim protection was granted to the petitioner.
The ITAT Ranchi directed an inquiry into cash deposits of ₹26.60 lakh, telling the Assessing Officer to verify the assessee’s claim of income from a building material business.
The Allahabad High Court has set aside a ₹50,000 penalty order imposed under the GST Act, ruling that it was issued without a hearing, violating natural justice.
Appeal against cancellation of penalty under Section 271D was dismissed for failure to cure defects despite multiple opportunities. Tribunal left open option for Revenue to refile after compliance.
Supreme Court clarifies that appeals from CESTAT on breach of exemption notification conditions are maintainable in the High Court u/s 130 of the Customs Act, not the Supreme Court.
