Punjab & Haryana High Court rules in Rakesh Gupta Vs CIT that tangible information on client code modification justifies income tax re-assessment.
Allahabad High Court quashes GST orders against Raksha Enterprises for violation of Section 75(7) and Section 75(6) of GST Act, remands case for rehearing.
Rajasthan High Court backs tax authorities’ power to reopen assessments based on new information, citing Supreme Court rulings on ‘reason to believe’.
Gujarat High Court affirms tax relief on share losses for Affluence Commodities, stating sale is genuine if counterparty purchase is valid.
NCLAT Chennai rejects M.K. Rajagopalan’s appeal against the approval of S. Rajendran’s resolution plan for Vasan Health Care, citing lack of locus standi as an unsuccessful applicant.
Uttarakhand HC quashes GST demand order exceeding show cause notice amount, citing Section 75(7) violation. Allows fresh proceedings.
SC sets aside NCDRC order in Kranti Associates case, citing lack of reasoning. Remands to State Commission for fresh decision on consumer dispute.
ITAT Pune recalls ex-parte order due to the ill health of the 88-year-old appellant, allowing a fresh hearing of the appeal.
ITAT Pune rules no penalty under section 271(1)(c) when a debatable legal issue exists, in the case of DCIT vs. Vinod Ramchandra Jadhav.
Delhi HC sets aside GST demand on Exide Industries citing breach of natural justice; directs fresh hearing with conditions on adjournments and timelines.
