News

Delhi High Court mandates reasoned orders and personal hearings for adverse GST rectification orders, citing Section 161 CGST ...
Madras High Court rules AOs can allow less than 20% tax pre-deposit for appeals, citing Supreme Court precedent against rigid CBDT ...
ITAT Mumbai confirms Rs. 12 lakh unexplained cash addition for assessee with multiple PANs, citing insufficient evidence for deposit ...
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 ...
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 ...
The ITAT Delhi has overturned the disallowance of club subscription fees for Punjab National Bank, citing a Supreme Court precedent that allows such expenses as business ...
ITAT Ahmedabad reversed the 80G approval rejection for Senior Citizen Council Gandhinagar, remanding the case due to a bona fide error in selecting the application ...
Chennai ITAT grants 80G approval to Matha Medical Centre Trust, affirming that providing affordable medical services in rural areas is a charitable activity, not ...
Guwahati High Court sets aside GST summary notices for procedural flaws, mandates proper show cause notice and hearing under Section ...
Delhi High Court held that valuation of unquoted equity shares held by the assessee by Discounted Cash Flow [DCF] method is permissible under rule 11UA(2) of the Income Tax Rules. Accordingly, appeal ...
Madras High Court rules the 60-day period under Sec 62(2) of GST Act for filing returns after a best judgment order is directory, not ...
Ahmedabad ITAT directs tax authorities to re-verify V N Exports' books for demonetization cash deposits, citing prior rulings on cash sales by jewelers. A key verdict on unaccounted ...