Tax calculation under Section 115BBE is a rectifiable error under Section 154, not Section 263, as it’s not derived from an Assessment order
ITAT Ahmedabad orders deletion of Rs. 34.3 lakh addition under Section 68, citing deposits from known sources. Case remanded for further verification.
Delhi High Court revokes GST registration cancellation as the SCN lacked reasons. The court directs authorities to restore the GST registration immediately.
Patna High Court rules that an Assessing Officer cannot summarily reject Section 197 applications based on pending tax demands. Orders set aside for reconsideration.
Calcutta High Court allows appeal against ITAT ex-parte order, requiring Klenzer Trading to pay Rs. 1 Lac to Bar Association as a condition for rehearing.
Madras High Court sets aside GST attachment order for Tvl. Fashion Square, citing lack of proper notice and personal hearing. Case remanded for reconsideration.
Calcutta HC upholds ITAT’s decision allowing 80G(5)(iii) registration after six months of activity commencement, dismissing revenue’s appeal.
Calcutta HC affirms CESTAT’s ruling, rejecting revenue’s appeal against CENVAT duty remission under Rule 21 due to insufficient evidence.
Since the addition pertained to the “receipt of money” from the sale of flats by the assessee and these amounts did not represent the actual receipts in the hands of the assessee, they could not be subjected to tax.
In the instant case, assessee was a senior citizen and a medical practitioner, had his Demat accounts frozen by the National Securities Depository Limited (NSDL) under the directives of SEBI.
