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Judiciary

GST Registration Cancellation Set Aside as Hearing Was Fixed Before Reply Deadline

June 8, 2026 303 Views 0 comment Print

The Allahabad High Court quashed GST registration cancellation and revocation rejection orders after finding that hearing dates were fixed before the expiry of the reply period. The Court held that such notices deny a meaningful opportunity of hearing and violate natural justice.

ITAT Deletes Management Fee TP Adjustment as Issue Was Already Decided in Earlier Years

June 8, 2026 135 Views 0 comment Print

ITAT Mumbai deleted the transfer pricing adjustment on management fees after finding that identical issues in the assessee’s own earlier years had already been decided in its favour. The Tribunal followed the principle of consistency.

Section 153D Approval Was Granted Mechanically – ITAT Delhi Quashes Assessments

June 8, 2026 402 Views 0 comment Print

The Tribunal held that the approval under Section 153D reflected no proper application of mind and was issued in a mechanical manner. As a result, the assessments framed pursuant to such approval were quashed.

Delhi HC Upholds ITAT Rectification as Retrospective Section 80P(2)(a)(iii) Amendment Applied from 1968

June 8, 2026 165 Views 0 comment Print

The Court held that the Tribunal was justified in rectifying its earlier order because the amendment to Section 80P(2)(a)(iii) operated retrospectively from 01.04.1968. The appeals were dismissed and the issue was decided against the assessee.

Reassessment for AY 2015-16 Quashed as Notice Was Time-Barred: ITAT Bangalore

June 8, 2026 216 Views 0 comment Print

ITAT Bangalore upheld the CIT(A)’s decision that reassessment proceedings for AY 2015-16 were barred by limitation. The Tribunal found no error in relying on the Supreme Court’s ruling on reassessment timelines.

Compensation for Cancelled Land Sale Allowed as It Was for Commercial Expediency: ITAT Chennai

June 8, 2026 159 Views 0 comment Print

The ITAT held that compensation paid to terminate a land sale agreement was a business expenditure incurred for commercial reasons. The amount could not be treated as part of closing stock and was allowable under Section 37.

Protective Assessment Deleted as Assessee Not Found Beneficial Owner of Foreign Assets

June 8, 2026 171 Views 0 comment Print

The Delhi High Court upheld deletion of additions after authorities under the Black Money Act concluded that the assessee was not the beneficial owner of the foreign assets. The Court held that a protective assessment could not survive on those facts.

Undated recorded reasons for reopening: ITAT Delhi Quashes Reassessment

June 8, 2026 408 Views 0 comment Print

The ITAT held that reassessment proceedings were invalid because the recorded reasons for reopening were undated and failed to establish compliance with Section 148 requirements. The assessment was quashed as a jurisdictional defect.

Delay in Form 10-IC Condoned as Procedural Lapse Cannot Defeat Section 115BAA Benefit: Bombay HC

June 8, 2026 177 Views 0 comment Print

The Bombay High Court held that a 13-day delay in filing Form 10-IC should be condoned where eligibility for Section 115BAA was undisputed. The Court ruled that procedural requirements cannot override substantive statutory benefits.

SC Dismisses SLP as Advance Sale of Room Nights Issue Was Already Covered by Precedent

June 8, 2026 201 Views 0 comment Print

The Supreme Court dismissed the Revenue’s SLP by following its earlier decision in connected matters. The dispute relating to advance sale of room nights and Holiday Scheme Surrender Value remained governed by settled precedent.

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