ITAT Jaipur held that matter is fit to remand back to file of AO since assessee has sufficient reason to establish non-deduction of tax, however, the evidences were not furnished before lower authority. Accordingly, appeal allowed and matter remanded.
ITAT Ahmedabad held that disallowance of expenses under section 14A of the Income Tax Act not justifiable as there was sufficient own interest free funds available with the assessee for making investment. Thus, appeal of assessee allowed.
Delhi HC remands a customs duty classification case to CESTAT, stating that disputes involving product classification are recurring legal issues exempt from monetary limit guidelines.
NCLT rejects CIRP Initiation as Notice sent to incorrect address, default amounts falling within the Section 10-A period, the incorrect calculation and omission of interest in the demand notice
NCLT Chennai rules that the ₹1 crore threshold for initiating insolvency proceedings against a corporate debtor also applies to their personal guarantors under IBC.
ITAT Panaji remands case of Salim Ali Darugar vs. ITO concerning addition under Section 69A for unexplained demonetization cash deposits.
Kerala HC directs ITAT to decide Amrita Institute’s appeal on TDS applicability (Sec 192 vs 194J) for payments to engaged doctors.
NCLAT Delhi held that no default falling within the prohibited period of Section 10A of the Insolvency and Bankruptcy Code can form basis for initiating CIRP. Accordingly, section 9 application rightly rejected.
Madras HC quashes ITC denial for Shanker Impexx, citing retrospective CGST amendment extending GSTR-3B filing deadline for ITC claims.
ITAT Ahmedabad directs reassessment in Neha Modi’s case on Rs. 47.79 lakh cash deposit under Sec. 69, citing lack of analysis on business transactions.
