Bangalore ITAT rules AO exceeded jurisdiction by reclassifying online education income as FTS after a limited remand, deleting the tax demand.
Jaipur ITAT directs CIT(E) to grant 12AB registration to APJ Abdul Kalam Education and Welfare Trust, finding objections on FCRA, RPT Act, and activities invalid.
ITAT Delhi rules against reassessment, citing vague reasons and lack of nexus between Kavya Satija and alleged entry operators.
The Gujarat High Court set aside reassessment proceedings against Harikishan Sunderlal Virmani, ruling the re-opening was beyond four years without proven non-disclosure and based on borrowed satisfaction.
Jammu & Kashmir High Court directs CGST Deputy Commissioner to release full budgetary support to Shiva Industries, citing misinterpretation of the 2017 notification.
Karnataka High Court halts GST proceedings against ITC Ltd., staying a show cause notice and a circular on snack classification, citing jurisdictional concerns and prior judgments.
A resident must show his foreign assets in FA Schedule. Non-disclosure of which can lead to penalty u/s 43 of BMA. As assessee didnot disclosed foreign assets in FA schedule so AO issued show cause notice on 26.09.2023.
In the matter aforementioned, Hon’ble Delhi HC allowed petition under article 227 of the Constitution of India after considering that trial court cannot initiated new proceedings once it pronounces final decree of judgment and become Functus Officio (having fulfilled one’s duty).
ITAT Raipur held that denial of TDS claimed based on difference between gross turnover as per 26AS and total receipts reflected in returns, without verifying reconciliation prepared by assessee, is not justified. Hence, matter restored to CIT(A).
CESTAT Delhi held that confiscation of goods justified as Pan Masala and Gutkha were clandestinely manufactured and cleared under different brands without authorization. Accordingly, order upheld and appeals dismissed.
