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Judiciary

Section 80G Provisional Holders Can Apply for Final Registration Anytime

May 3, 2025 1386 Views 0 comment Print

ITAT Kolkata allows Vivekananda Mission Asram’s appeal, directing reconsideration of 80G registration despite a technical application error and perceived delay.

Assessment u/s 143(3) Nullifies Section 272A(1)(d) Penalty: ITAT Cochin

May 3, 2025 2277 Views 0 comment Print

ITAT Cochin rules that completing assessment under section 143(3) negates 272A(1)(d) penalty, citing acceptance of later compliance.

Assessee Can Raise new Claims Before AO Even After Revised Return Deadline

May 3, 2025 4329 Views 0 comment Print

ITAT Kolkata permits a new deduction claim and grants relief, highlighting assessment duties and appellate powers under income tax law.

Section 143(2) Notice Invalid as AO Issued it on Same Day as Return Filing

May 3, 2025 1389 Views 0 comment Print

ITAT Delhi favors Santosh Hospital, quashing AY 2014-15 assessment due to invalid notices under Sections 143(2) and 153C of Income Tax Act.

Tax Relief for Senior Citizen: Assessment Quashed for Lack of Section 153D Approval

May 3, 2025 888 Views 0 comment Print

ITAT Delhi invalidates assessment against elderly woman due to AO’s failure to obtain mandatory prior approval under Section 153D of Income Tax Act.

Donations to building fund Taxable in Absence of Section 12AA registration: Cochin ITAT

May 3, 2025 2073 Views 0 comment Print

ITAT Cochin holds voluntary contributions to unregistered charitable trust taxable. Lack of 12AA registration means no Sec 11 exemption, donations taxed under Sec 2(24).

Bombay HC Declines to Halt GST SCN against PayU Post Audit & Voluntary Payment

May 2, 2025 1041 Views 0 comment Print

Bombay High Court tells Payu Payments to respond to DGGI tax show cause notice, reinforcing legal principle of exhausting alternate remedies first.

Date of allotment letter to be considered for holding period of property: ITAT Mumbai

May 2, 2025 3588 Views 0 comment Print

ITAT Mumbai held that date of allotment letter, rather than date on which purchase deed of conveyance was entered, should be considered for holding period of the property. Accordingly, appeal of assessee allowed.

Power of Court to Modify Arbitral Award – Gayatri Balaswamy v. ISG Novasoft Technologies Ltd.

May 2, 2025 1422 Views 2 comments Print

Gayatri Balasamy Vs ISG Novasoft Technologies Limited (Supreme Court of India) ​In its landmark judgment delivered on 30th April 2025, the Supreme Court of India addressed the contentious issue of whether Indian courts possess the authority to modify arbitral awards under Sections 34 and 37 of the Arbitration and Conciliation Act, 1996. The case, Gayatri […]

Gauhati HC Upholds Centre’s Power to Mandate Quality Standards

May 2, 2025 633 Views 0 comment Print

Gauhati HC affirms Central Govt’s power to notify mandatory BIS quality standards as a policy decision in Century Plyboards case.

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