ITAT Mumbai rules stake money paid to horse owners is not subject to TDS under Sections 194B or 194BB, citing previous Tribunal order and CBDT Circular.
Allahabad High Court rules GST proceedings against a deceased proprietor are invalid, requiring fresh consideration and notice to the legal heir.
Supreme Court quashes summons against pharmaceutical directors in a drug quality case, reiterating that general statements are insufficient to establish vicarious liability under the Drugs & Cosmetics Act.
Mumbai ITAT rules joint ownership of residential property does not bar Section 54F capital gains exemption, favoring assessee in conflicting High Court views.
In a significant ruling for taxpayers facing automated adjustments, the Income Tax Appellate Tribunal (ITAT) Pune Bench has directed the deletion of a disallowance made by the Central Processing Centre (CPC) under Section 40(a)(i) of the Income-tax Act, 1961. The tribunal held that where a subsequent detailed scrutiny assessment by the Assessing Officer (AO) has considered and accepted the taxpayer’s contentions on the same issue, that decision takes precedence.
Gauhati High Court rules against an unauthorized bank account freeze by tax authorities, highlighting the need for adherence to legal provisions under the AGST Act.
ITAT Kolkata deletes ₹7.22 Cr addition for Unique Finance & Securities Pvt. Ltd., citing prior year precedent and lack of creditor compliance as insufficient grounds.
Bangalore ITAT deletes tax additions based on third-party seized documents and retracted statements in DCIT vs. Gopal Krishnanatsa Katigar. Ruling highlights necessity of direct evidence, upholding principles of natural justice and cross-examination rights.
Delhi High Court held that technical glitch with wording in the stamp ‘signature not verified’ doesn’t render order invalid as order was uploaded on GST portal which can be done only after verification by concerned State Tax Officer.
Gujarat High Court sets aside GST demand on transfer of leasehold rights in industrial plot by Time Technoplast to its subsidiary, citing previous judgments.
