Category: Judgments
Appellate remedy or forum is created by the statute to rest the dispute and not to accelerate for higher forum perfunctorily. In a recent judgment, ITAT Pune has remitted the issue observing that appellate remedy or forum is created by the statute to rest the dispute and not …
When books of accounts are rejected and profits are estimated, no separate disallowance can be made on basis of entries in books In a recent judgment, ITAT Amritsar has held that when books of accounts are rejected and gross profit is estimated at a percentage on sales, it …
Non resident assessee need not have a permanent establishment in India to be said to carry on business in India In a recent judgment, Hon’ble Supreme Court has held that did not it is not necessary for a non resident assessee to have a permanent establishment in India …
Non-filing of Form 67 along with return, at best can be treated as a technical violation and on that basis, the disallowance could not be made – ITAT In a recent judgment, ITAT Bangalore has held that the non-filing of Form 67 along with the return, at the …
Purchase price per unit of unaccounted river sand can not be taken solely on the sworn statement of the partner without corroborative material In a recent judgment, ITAT Chennai has held that purchase price per unit of unaccounted river sand purchased by the firm can not be determined …
ITC can not be denied to purchaser who had paid due taxes on invoice raised where the seller did not deposit the collected tax with the Government. In a recent judgment, Hon’ble Supreme Court has held that Input Tax Credit can not be denied to the registered purchaser …
Mining done without environmental clearances or beyond the quantity prescribed in Environment clearance or approved mining plan not illegal mining In a recent judgment, the Orissa High Court upheld quashing of reassessment holding that mining done without environmental clearances or beyond the quantity prescribed in the Environment clearance …
In an unabated assessment, statement made by a third party can’t be treated as incriminating material In a recent judgment, ITAT Kolkata has held that in an unabated assessment incriminating material in terms of provisions of Section 153A cannot be in the form of statement of a third …
Gujarat High Court directs CBDT to extend the due date for filing ITR in audit cases to 30.11.2025 to maintain one months mandatory gap. In a recent judgment, the Gujarat High Court has directed CBDT to extend the due date for filing ITR in audit cases to 30.11.2025 …
High Court grants bail to accused of GST evasion of Rs. 120 crores as they were in custody for six months but no prosecution witness were examined. In a recent case, the Hon’ble Punjab & Haryana High Court granted bail to the accused of GST evasion of Rs. …
