ITAT Bangalore rules that 80G approval hinges on genuine charitable activities, not solely on fee surpluses or accumulated funds. The ruling clarifies the scope of CIT(E)’s inquiry for 80G applications.
Gujarat High Court rules tax recovery notices invalid for V.S. Texmills after NCLT approved resolution plan, reinforcing IBC’s binding effect on pre-existing claims.
Mumbai ITAT rules STT-paid short-term capital loss can be set off against non-STT short-term capital gains, allowing beneficial set-off for taxpayers.
Mumbai ITAT rules against taxing gross receipts of a trust that lost Section 11 exemption, mandating only net surplus be taxed after allowing expenses. Case remitted for re-computation.
Calcutta High Court upholds Tribunal’s decision, dismissing revenue’s appeal in Mallcom VSFT Gloves case regarding Section 68 addition of Rs. 5.07 Crores.
The Jharkhand High Court ruled in favor of R.K. Transport, ordering a defaulting supplier to pay costs and directing GST authorities to act on unremitted taxes that blocked the buyer’s input tax credit, upholding taxpayer rights.
Guwahati High Court sets aside GST summary notices for procedural flaws, mandates proper show cause notice and hearing under Section 73.
Madras High Court rules GST notices uploaded on the portal require physical service via RPAD if no response is received, ensuring effective communication and taxpayer opportunity.
ITAT Mumbai confirms Rs. 12 lakh unexplained cash addition for assessee with multiple PANs, citing insufficient evidence for deposit sources.
Madras High Court rules AOs can allow less than 20% tax pre-deposit for appeals, citing Supreme Court precedent against rigid CBDT circulars.
