Tribunal confirmed CIT(A)’s view that alleged accommodation loans were not supported by bank statements. Reopening and addition u/s 69A struck down; Revenue’s case dismissed.
Rajasthan High Court addresses Jai Bajrang Steel’s challenge to blocked ITC before appeal. Court directs petitioner to file appeal; blocking not deemed recovery.
The Delhi High Court allows a Resolution Professional to hold a CoC meeting, ruling that all decisions are subject to the outcome of a pending NCLT proceeding.
The Calcutta High Court has ordered the Registrar of Companies to decide on a director’s removal despite a pending NCLT case, clarifying the ROC’s duty under company law.
The ITAT Kolkata has set aside an ex parte order against Anup Nayak in a TDS non-deduction case, remanding it to the CIT(A) for re-adjudication.
The Madras High Court has set aside an appellate order and condoned a 129-day delay in a GST appeal, ruling that the taxpayer was unaware of the assessment order that was not physically served.
The ITAT Kolkata has condoned a 265-day delay and restored a company’s quantum and penalty appeals, directing the assessee to pay a Rs.25,000 cost for non-cooperation.
ITAT Kolkata ruled that a deduction u/s 80P cannot be denied for a belated return in AY 2019-20, as the power to do so was only added from AY 2021-22.
The Bombay High Court directed authorities to review a sugar exporter’s claim for a refund under the RODTEP scheme, ordering a decision on the matter within three weeks.
The Bombay High Court remands a plastic toy manufacturer’s GST classification case, citing a “non-application of mind” by the appellate authority in its refund rejection.
