Month: May 2024
E-Way Bill not present in vehicle only a technical violation when E-Way Bill was downloaded prior to the interception of vehicle and goods in vehicle matched with invoice & E-Way Bill In a recent judgment, the Hon’ble Allahabad High Court has quashed the penalty order passed under Section …
Residence address of assessee mentioned in PAN registration details is vital and decisive to determine territorial jurisdiction of High Court In a recent judgment, the Hon’ble Allahabad High Court has held that in faceless assessment, to decide territorial jurisdiction of a High Court, residence address of assessee mentioned …
Challenge to intimation passed u/s 143(1) calls for independent adjudication in terms of statutory dictate of Section 246A(1)(a) of the Income Tax Act – ITAT In a recent judgment, ITAT has held that CIT(A) erred in non adjudicating challenge to intimation u/s 143(1) making substantial adjustment and challenge …
Petitioner signifying ‘No’ in prescribed column to mark his choice to avail personal hearing, have no legal consequence. Opportunity of personal hearing mandatory u/s 75(4) of UPGST Act- – Allahabad High Court In a recent judgment, Hon’ble Allahabad High Court has reiterated the principle of law that a …
ICAI Guidance on Non-Compliances Observed by Quality Review Board During Quality Reviews ICAI has issued a Guidance on Non-Compliances Observed by Quality Review Board During Quality Reviews. The said Guidance note in in Two Volumes. The publication is a compilation of some common non-compliances observed by Quality Review …
Order passed u/s 74 of UPGST Act quashed as opportunity of hearing not granted In a recent judgment and order the Hon’ble Allahabad High Court has quashed order passed u/s 74 of UPGST Act as opportunity of hearing not granted to the assessee. ABCAUS Case Law Citation:ABCAUS 4002 …
ITAT set aside Penalty u/s 271B as Tax Audit Report was not filed due to strained relationship with CA In a recent judgment, ITAT Nagpur has set aside Penalty u/s 271B as the assessee could not file Tax Audit Report due to strained relationship with Chartered Accountant. ABCAUS …
Unless request made, personal / oral hearing not mandatory and faceless assessment would be concluded without an oral hearing – Patna High Court Unless request is made, the In a recent judgment, the Hon’ble Patna High Court has held that there is a specific option provided for personal …
Mere technical mistake made by assessee while filing up return cannot be a ground of disallowing the claim when such mistake is curable – ITAT In a recent judgment, ITAT has directed CPC to allow deduction for amount paid as gratuity to LIC trust holding that mere technical …
Denial of Capital gain deduction u/s 54B for agricultural land purchased in the name of wife Supreme Court stays High Court order The Chhatisgarh High Court had denied the benefit of exemption under Section 54B of the Income Tax Act, 1961 where the land was purchased in the …
