Bombay High Court sets aside an order refusing to condone a 27-day delay in a trust’s filing of Form 10B, citing a need for a justice-oriented approach.
The Supreme Court dismissed the Income Tax Department’s appeal regarding a reassessment notice, affirming that notices issued by a Jurisdictional Assessing Officer after the faceless regime was introduced are invalid.
Gujarat HC held that reassessment notices for AYs 2013–14 to 2017–18 issued after Supreme Court’s Ashish Agarwal ruling were beyond surviving time under Section 149. Approval under Section 151 upheld, but notices invalid.
The ITAT Mumbai hears arguments on whether the MLI can be applied to deny tax treaty benefits to an Irish firm without a separate protocol, in a case involving aircraft leasing.
A Customs Authority for Advance Ruling (CAAR) decision classifies imported Poly Vinyl Alcohol (PVA) sheets under subheading 3920 99 12.
The Customs Authority for Advance Ruling (CAAR) confirms that imported PVA sheets are classified under tariff item 3920 99 12, citing their chemical and physical properties.
CAAR, Mumbai, has ruled that roasted and salted cashew nuts are classified under CTI 2008 19 10, not under Chapter 08, citing specific nature of roasting process.
The Customs Authority for Advance Rulings (CAAR), Mumbai, has ruled that roasted cashew nuts are classified under CTI 2008 19 10, not under Chapter 08, citing the specific nature of the roasting process.
Delhi High Court upholds ITAT’s decision, affirming that a taxpayer discharged the burden of proof for cash credits and that business center income is business income.
Gujarat High Court upholds deletion of ₹11.57 crore addition, ruling that repayment of loan within the same financial year proves its genuineness.
