ITAT Ahmedabad holds that mere increase in cash deposit-to-turnover ratio during demonetization does not justify addition under Section 68 if books are maintained and sales are verified.
Andhra Pradesh High Court clarifies that export sales under Section 5(1) of CST Act require an inextricable link between sale and export, setting aside arbitrary tax levy on export turnover.
ITAT Ahmedabad rules that assessment orders under Section 144 without proper notice or hearing opportunity violate natural justice principles, remanding cases for fresh adjudication.
ITAT Mumbai holds that charitable trusts can claim indexation benefit on long-term capital gains under Section 48 even while claiming exemption under Section 11, clarifying double deduction myths.
ITAT Chandigarh holds that re-opening under Section 147 requires more than portal data; AO must possess concrete material to form belief of escaped income.
ITAT sets aside CIT(A) order for dismissing appeal on delay grounds, remands case for fresh consideration with opportunity to file condonation application.
ITAT Mumbai holds that penalty proceedings under Section 270A of the Income Tax Act are independent of quantum proceedings, requiring separate examination of explanations.
High Court of Telangana holds that unsigned GST assessment orders and show cause notices are void ab initio for non-compliance with Rule 26(3) of CGST Rules, 2017.
Madras High Court rules that GST authorities must ensure effective service of notices and provide personal hearing before passing ex parte orders, setting aside assessment for procedural violations.
Madras High Court holds that GST registration cancellation for non-filing due to genuine financial hardship must be remediable, not punitive, subject to compliance conditions.
Andhra Pradesh High Court holds that digital signatures and RFN numbers on GST orders satisfy legal requirements, dismissing petition on grounds of laches and lack of merit.
ITAT Bangalore rules that cost of improvement in capital gains computation cannot be disallowed merely for lack of documents. Assessing Officer must verify claims through valuation.
ITAT holds that reassessment proceedings under Section 148 are barred if escaped income is below ₹50 lakh and notice issued after March 31, 2021, for AY 2014-15. Key limitation rule clarified.
ITAT holds that TDS under Sections 194C and 194J does not arise if aggregate payments fall below statutory thresholds or exemption conditions are met, clarifying compliance obligations for traders.
Madras High Court holds that GST officers must explore alternative service modes under Section 169 if notices via portal go unanswered, ensuring natural justice.