Madras High Court orders the disposal of Ashoka Textiles’ pending tax appeal for AY 2019-20 within four months amid ongoing recovery proceedings.
ITAT Pune sets aside ₹1.04 Cr unexplained cash deposit case for fresh adjudication by CIT(A). The cooperative society claims deposits were from loan recoveries.
Madhya Pradesh High Court condones delay in Neel Kumar Ajmera’s ITAT appeal, setting aside dismissal due to limitation and remanding the case for fresh adjudication.
Delhi High Court held that the system of imposition of anti-dumping duty does not end with the disclosure statement being published. Thus, held that the writ petitions cannot be held to be not maintainable at the stage of the disclosure statement.
Delhi High Court ruled on the validity of re-assessment proceedings in PCIT-04 vs Ganesh Ganga Investments Pvt Ltd, focusing on borrowed satisfaction and approval under Section 151.
Bombay High Court directs tax revision for an AI-generated invalid return order lacking reasoning, stressing natural justice and human oversight.
ITAT Kolkata rules in favor of Anindya Sarkar, allowing Foreign Tax Credit despite delayed Form 67 filing, citing DTAA provisions over domestic tax laws.
Present matter involves Nowheira Shaik who is executive Chairperson and Founder of the Heera Group. He is accused to have been involved in cheating various investors. Accordingly, to refund the investors ED had attached 96 properties.
Mere presence of carbon dioxide or carbonated water cannot be treated to classify the subject items under water or carbonated water. Therefore, the classification sought to be made by the Revenue cannot be accepted.
Delhi High Court held that passing of three contradictory orders by CESTAT in the same appeal is not justifiable. However, appeal of department before CESTAT dismissed as the amount involved was below monetary limit.
