ITAT Bangalore cancels ₹2.20 lakh penalty on Rajiv Duseja for cash loans from family. Cites precedents on genuine transactions & reasonable cause.
ITAT Mumbai upheld CIT(A)’s rulings in ACIT vs GM Modular Pvt. Ltd., addressing unverified purchases, PF/ESI disallowances, and incriminating material in search cases.
Bombay High Court sets aside Section 148-A notice issued to Dilip Powar, ruling it as a change of opinion and beyond the permissible time limit.
Madras High Court rules notice pay received by GE T&D India from employees not liable to service tax under Section 66E(e) of the Finance Act, 1994.
ITAT Delhi quashes assessments due to mechanical approvals under Section 153D, citing lack of application of mind. Learn about key judicial precedents and findings.
Delhi ITAT: Section 153D approval requires specific application of mind per assessment year, not blanket or mechanical. Assessment quashed.
Explore Schrader Duncan Ltd vs Commissioner of Central Excise case where ‘O’ rings’ packing and labeling were deemed non-manufacturing under Chapter 4016, absolving them from excise duty
Delhi High Court sets aside GST order citing non-application of mind, similar to Xerox India case, allowing fresh proceedings.
ITAT Delhi held that addition under section 68 of the Income Tax Act by treating LTCG as bogus merely on the basis of assumption and conjecture is not sustainable in law since purchase and sale of shares were made via banking channel.
Bombay HC rules GST not applicable to Goa University’s affiliation, prospectus, migration fees, deeming them non-commercial statutory charges.
