Allahabad High Court quashes GST registration cancellation lacking reasons, asserting doctrine of merger doesn’t apply when appeal is dismissed on limitation.
Bombay High Court upholds ITAT ruling, stating Section 14A disallowance and Section 115JB adjustment for exempt income are not applicable if no exempt income is earned.
ITAT Pune allows appeal, directs normal tax rates for business income declared during survey, overriding Section 115BBE application. Cites key judicial precedents.
The Madras High Court has invalidated a tax assessment transfer order from Chennai to Kolkata, ruling the assessee was no given a reasonable opportunity to respond.
CESTAT Allahabad held that booking cancellation charges, is in nature of compensation, are not consideration for service and hence no service tax chargeable on the same. Accordingly, demand on booking cancellation charges not sustained.
Gujarat High Court overturns lower court, orders Rs. 13 lakh robbery cash to be handed to Income Tax Department for undisclosed income probe.
The Punjab and Haryana High Court upheld the denial of Section 54 capital gains exemption for two independent residential houses, reinforcing single-house benefit rule.
Gujarat High Court Quashes Case Transfer Over Due Process Breach
ITAT Allahabad held that renting out of property on day-to-day basis and providing certain facilities to those who would be taking premises on rent seems to be an organized activity of composite nature. Hence, income from the same is treated as business income.
Madras High Court affirms transfer of Arise Investments’ tax assessment to Kolkata, citing search findings and need for coordinated investigation in lottery business.
