Kolkata ITAT rules tax assessments cannot be reopened beyond four years if assessee disclosed facts during original scrutiny, citing Supreme Court precedent.
Patna High Court sets aside service tax demand against Power Spectrum, citing over five-year delay in adjudication order after show cause notice.
ITAT remands key tax issues including deemed dividend, interest, and Section 14A disallowances for Hemkunt Steel & Wires to CIT(A) for fresh review.
Delhi ITAT rules India-Mauritius DTAA’s Article 7(3) prevents Section 40(a)(i) disallowance for non-deduction of TDS on expenses.
NCLAT quashes NCLT order permitting financial creditor to amend date of default in IBC S7 application, ruling it improper when the original date was disputed & affected limitation.
Karnataka High Court allows Ingersoll-Rand’s tax appeals, clarifying rules on club fees, ad-hoc disallowances, and 80HHC deduction for service income.
CESTAT Chandigarh reduces redemption fine to 10% of re-determined value for imported used copiers, upholding lower penalty based on precedent.
ITAT Delhi rules GoDaddy’s income from domain registration and web services is not taxable as royalty or FTS/FIS, citing judicial precedents.
Madras High Court dismisses department’s appeal as infructuous after GST portal reopened for TRAN-1 filing following Supreme Court directions and circular.
Mumbai ITAT sets aside CIT order, ruling original assessment valid despite unproven allegations of unexplained cash for flat purchase.
