Delhi High Court upholds ITAT’s decision in ITO vs. DG Housing Projects Ltd, dismissing Revenue’s appeal on assessment year 2004-05 under Section 263 of IT Act.
CESTAT Mumbai rules that VAT incentives under Goa’s NPV scheme are not part of the assessable value for excise duty. Demand against Alpha Industries set aside.
Allahabad HC directs NOIDA to compensate for a GST deposit error, ruling that recipients shouldn’t suffer penalties due to supplier mistakes in tax compliance.
CESTAT Chennai rules Vividh Print Media eligible for concessional customs duty, citing SC precedent on retrospective application of error-correcting notifications
ITAT Hyderabad remands tax assessment case due to taxpayer’s unawareness of faceless proceedings, imposes penalty for non-compliance.
ITAT Bangalore sends Light Ray Advisors LLP’s dividend exemption claim back to AO for re-examination, noting potential oversight of filed documents.
Madras High Court grants relief to assessee, ruling GST portal notice insufficient; remands case subject to 25% tax payment.
ITAT Hyderabad sends ₹3.56 crore income addition case back to CIT(A) for reconsideration, imposes penalty for non-compliance.
Calcutta High Court grants interim stay on customs show-cause notice to Hinduja Global Solutions, citing lack of jurisdiction due to uncancelled SEIS scrips.
The assessee argued that the DVO’s report, submitted beyond the statutory six-month period, was invalid. The ITAT agreed, ruling that the valuation report was indeed time-barred and, therefore, the addition based on it was unsustainable.
