ITAT Pune remands Ask Chemicals India’s appeal to NFAC, directing it to adjudicate on merits rather than dismissing for non-prosecution.
Kerala HC upheld the TDS penalty under Section 271C in US Technologies case, directing reconsideration of quantum. Read the detailed analysis of the judgment.
The Supreme Court overturned the Andhra Pradesh High Court’s decision to condone a 1011-day delay in filing a second appeal, citing lack of sufficient cause.
Bombay HC rules unexplained bank credits are taxable under Sec 68. Orders probe into accommodation entry racket by Buniyad Chemicals.
Supreme Court rules on police authority in cognizable drug-related offences under Chapter IV of the Drugs Act, emphasizing the role of Drugs Inspectors.
Supreme Court held that the penalties imposed by the National Consumer Disputes Redressal Commission [NCDRC] are regulatory in nature and do not constitute “debt” under the IBC. Thus, penalty imposed by NCDRC needs to be complied with.
Sanjay Vs ITO (ITAT Delhi) ITAT Delhi condone delay in appeal of 1086 days in Sanjay vs. ITO: Key Ruling on Reassessment Under Section 147 & 148 Introduction The Income Tax Appellate Tribunal (ITAT) Delhi, in the case of Sanjay vs. ITO, Ward-2, Rohtak (ITA No. 3243/Del/2024), has set aside an EX PARTE reassessment order […]
According to AO, the provisions were not allowable who vide show cause notice asked assessee to furnish details of the provisions made as well as justification for the claim and the assessee did not file any reply to the show cause notice issued.
Mere uploading of notices and orders on the GST portal might not be sufficient to fulfill the requirement of proper service, especially when it prevented assessee from being aware of the proceedings.
ITAT Bangalore held that penalty order under section 272A(2)(e) of the Income Tax Act has to be passed within reasonable time. Since, the penalty order is not passed within reasonable time, the same is liable to be quashed.
