Judgement

The tribunal holds that a non-compliant notice under Section 143(2) renders the entire assessment void.

ITAT Quashes Assessment for Invalid Section 143(2) Notice; Grants Multiple Reliefs to Assessee

The High Court allowed the petitioner to seek revocation of its cancelled GST registration, subject to filing pending returns and paying due tax, interest, and penalties.

GST Registration Cancellation Can Be Reconsidered Subject to Compliance: Uttarakhand HC

The ITAT held that reassessment proceedings are invalid if mandatory prior approval under Section 151 is not properly signed by the competent authority.

ITAT Invalidates Section 148 Reassessment Proceedings Over Lack of Valid Section 151 Approval

The ITAT has remanded the case for fresh verification, allowing the assessee another chance to substantiate interest expense claims under Section 57(iii).

ITAT Grants Fresh Opportunity in Section 57(iii) Interest Disallowance Case, Remands Matter for Verification

The Delhi High Court holds interest on project funds as a capital receipt, not taxable income.

HC Rules Pre-Operational Interest as Capital, Not Income

ITAT set aside the CIT(E)'s order and remanded the case for fresh adjudication due to communication gaps during the virtual hearing.

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ITAT Quashes Assessment for Invalid Section 143(2) Notice; Grants Multiple Reliefs to Assessee

GST Registration Cancellation Can Be Reconsidered Subject to Compliance: Uttarakhand HC

ITAT Invalidates Section 148 Reassessment Proceedings Over Lack of Valid Section 151 Approval

ITAT Grants Fresh Opportunity in Section 57(iii) Interest Disallowance Case, Remands Matter for Verification

HC Rules Pre-Operational Interest as Capital, Not Income

Communication Gaps in Virtual Hearing: ITAT Restores Registration Issue to CIT(E)