ITAT Delhi rules DVO reference before Sec 148 notice invalid; deletes Rs 2.28 Cr addition in Aerens Group case due to lack of pending assessment.
CESTAT sets aside customs demand on Arktron Electronics, holding that aluminium-based copper laminates used in MCPCBs qualify for duty exemption.
ITAT Raipur held that non issuance of notice u/s. 142(1) of the Act and non serving of such notice to the assessee as per valid mode of transmission makes the assessment order arbitrary, bad in law. Accordingly, order quashed and appeal allowed.
Tax dispute over insurance auxiliary services falls outside HC jurisdiction; Revenue barred from Supreme Court appeal due to low tax quantum.
Kerala HC holds that a retail plywood importer cannot claim delayed BIS compliance under QCO 2024, as MSME benefits are limited to priority lending.
Mumbai ITAT rules ACG Pam Pharma’s CSR donations are eligible for Section 80G deduction, quashing PCIT’s revisional order and restoring the AO’s assessment.
Patna ITAT allows delayed appeal due to serious illness in a bank cash deposit dispute, remanding the case for fresh assessment.
Delhi High Court dismisses Revenue’s appeal in Modipon Ltd. case, ruling against strict application of Section 50C when circle rates rise between agreement to sell and sale deed dates. Upholds ITAT decision.
The Supreme Court dismissed Inder Singh’s appeal, upholding the condonation of delay in the State’s land dispute case, stressing merits over technicalities while cautioning the government on future delays.
SC held writ petitions against ARC’s proposed SARFAESI action as not maintainable due to alternative remedy under Section 17 of the SARFAESI Act.
