ITAT Chennai approves Section 11 exemption for voluntary school corpus donations from parents. Get insights into this tax case.
The ITAT Hyderabad quashes an addition under Section 115BBE due to an elderly assessee’s inability to recall income details within the specified time, highlighting the importance of considering age-related factors.
Madras High Court permits a company to file a statutory appeal after the limitation period, citing difficulties in accessing the GST portal due to employee turnover.
Kerala High Court permits the payment of road tax liability in three instalments for a stage carriage, offering financial relief to the petitioner. Details in the judgment.
Punjab and Haryana High Court ruled in Deepak Sales Corporation vs. Union of India that no interest or penalty is applicable when input tax credit is not utilized.
Delhi High Court upholds deletion of disallowance on expenses incurred during the pre-operative stage in the case of PCIT vs. Imperative Hospitality Pvt Ltd.
Delhi High Court sets aside Income Tax transfer orders for administrative convenience. Highlights the need for speaking orders with reasons and DIN compliance.
Kerala High Court corrects a mistaken assessment by the AO, excluding previous year’s balance to determine the annual receipt for a specific Assessment Year.
The Supreme Court of India dismisses the SLP against tax recovery due to a low amount below Rs.2 crores, following CBDT Circular 17/2019.
ITAT Chandigarh held that imposition of penalty u/s. 271(1)(b) of the Income Tax Act unjustified as special audit completed u/s. 142(2A) and audit report submitted within the extended time limit provide by AO.
