ITAT Kolkata ruled on taxing property received with an unregistered agreement in one FY and sale deed in another, clarifying Section 56(2)(x) applicability.
Delhi High Court sets aside an income tax notice demanding management fees from Idemia Identity And Security India, ruling it violated Section 149(1)(a) due to limitation.
The Bombay High Court has fixed accountability by directing interest recovery from an erring officer for delayed income tax refunds, emphasizing timely compliance.
A recent High Court ruling has annulled a GST order, citing a breach of natural justice. The tax authorities failed to provide a personal hearing before issuing the impugned order, despite the taxpayer’s requests for time to file a reply.
Calcutta High Court dismisses Income Tax Department’s appeal in a Rs. 71 lakh penny stock loss case, affirming no evidence of assessee’s involvement in price rigging.
Delhi HC sets aside ex-parte GST order against Superb Galaxy for lack of reply opportunity & cryptic nature. Remanded for fresh hearing; notification validity pending SC/HC.
Mumbai ITAT rules contractual penalties for road firm are business expenses, not disallowed legal infractions under Section 37(1), citing judicial precedents.
Allahabad HC dismisses plea against GST demand on ITC from fake firms. Rules claims without actual supply fall under S.74 fraud, upholds pre-deposit for appeal.
Kerala High Court rules composite GST show cause notices covering multiple assessment years are impermissible under Section 74 of the Act, citing distinct time limits.
Delhi High Court allows taxpayer to file revised ITR, setting aside PCIT order that rejected condonation request over clerical error in original return.
