ITAT Pune upholds exemption under Sections 11 and 12, ruling that technical errors in form submission don’t justify denial for registered charitable trusts.
The Delhi High Court quashed a reassessment notice issued to Janus Infrastructure Projects for AY 2014-15, as it exceeded the 10-year limit under Section 149 of the Income Tax Act, as amended in 2021.
Supreme Court disposes of ACIT vs. Sangeeta Bhoolabhai case, following rulings in Rajeev Bansal and Siemens Financial Services.
Telangana HC directs authorities to act on MTS Vallabha’s de-notification request for land wrongly listed as prohibited due to attachment.
Karnataka High Court quashed an ex-parte GST order against Nakoda Auto Distributors, allowing them to respond to notices after their father’s illness prevented timely action.
Gujarat High Court overturns ITAT, upholds tax reassessment notices based on suppressed sales data from Central Excise investigation in PCIT vs Gokul Ceramics.
Gujarat High Court upholds tax reassessment notice for AY 2010-11 against Jayant Security And Finance Ltd. over alleged bogus loan transactions.
Supreme Court overturns penalty on PwC for a genuine error in income tax return, noting clear disclosure in tax audit report negated intent to conceal.
Delhi High Court directs CA Yogendra Singh Balyan to appeal penalty order in alleged fraudulent duty drawback case; declines writ petition.
Kerala High Court held that penalty under section 117 of the Customs Act cannot be sustained since no reasons are assigned for imposition of the same. Further, since main allegation against employee set aside, penalty u/s. 117 cannot be sustained.
