ITAT Chennai dismisses an appeal, ruling that a property sale is subject to a pre-existing equitable mortgage, validating a bank’s action under SARFAESI Act.
Delhi High Court held that one day’s notice for hearing is completely violative of principles of natural justice. Also held that GST department needs to ensure that reasonably sufficient time is granted for furnishing reply. Thus, afforded 30 days time to file reply to GST SCN.
Chhattisgarh High Court held that questioning jurisdiction and authority of collector of Stamps for market value of property transferred under Income Tax Act not permissible since already accepted by petitioner. Accordingly, writ appeal sans merit is dismissed.
The Patna High Court has set aside an order against a brick manufacturer, directing a fresh tax assessment after ruling that the initial order was based on “mere guesswork” without any technical yardstick.
Delhi HC rules advocates cannot be prosecuted for clients’ claims, as verifying the truth of the case is not part of their professional duty.
The ITAT has fixed the fair market value of land at Rs. 60/sq.m. for capital gains calculation and directed the tax authorities to re-examine a taxpayer’s deduction claim under Section 54.
The ITAT Pune has remitted the case of Mahesh Padmnabhrao Kashikar back to the CIT(A), allowing the individual a fresh chance to explain cash deposits in a joint bank account after previously failing to cooperate.
The Delhi High Court has set aside a GST rectification order, ruling that it was passed by the wrong department and without a personal hearing, and directing a fresh hearing by the original authority.
The Gauhati High Court has voided a GST order against a deceased taxpayer, but has allowed authorities to initiate fresh proceedings against his legal heirs after discovering that returns were filed in his name after his death.
ITAT Delhi has sent an unexplained cash deposit case back to CIT(A), giving an individual a new chance to prove that the funds were from his father’s land sale.
