ITAT Ahmedabad held that an unsigned Excel sheet found during survey, without corroborative evidence, cannot justify addition for alleged cash ...

Madras High Court quashed assessment under Section 74 as no personal hearing was granted and the same assessment year was reassessed for higher ...

The Court refused to interfere with the reassessment order, noting that sufficient opportunity was provided pursuant to a remand. Financial crisis was held not to be a valid ground to set aside the ...

The Tribunal held that notices issued on or after 01.04.2021 for A.Y. 2015-16 were invalid in view of the Supreme Court’s ruling in Rajeev Bansal. As the reopening was barred by limitation, the ...

The Madras High Court quashed GST assessment orders passed under Section 74 after finding that no personal hearing was granted. The Court held that denying a hearing violates principles of natural ...

The Madras High Court directed customs authorities to consider and decide a representation seeking provisional release of imported goods within four weeks. The Court held that deciding the request ...

The Calcutta High Court held that passing an adverse order without granting mandatory hearing under Section 75(4) violates natural justice. The matter was remanded for fresh ...

A simple guide to the five heads of income under the Income Tax Act, 1961, explaining salary, house property, business income, capital gains and other ...

This article analyses the legal framework governing ITC and Place of Supply, explains how GSTR-2B logic results in denial of ITC in genuine cases, highlights the inconsistency between portal ...

Article Examines corporate separateness in Indian insolvency, group insolvency challenges under the IBC, and the need for a substance-based legal ...

ROC Bangalore imposed penalty for 1,592 days of continuing default after a second DIN was obtained contrary to statutory ...

ROC Bangalore imposed a penalty for 907 days of continuing default due to acquisition of a second DIN, holding it contravened ...