Judgement

ITAT held that cash found in lockers could not be taxed in the assessee’s hands under Section 69A in the absence of proof of ownership.

ITAT Deletes Rs. 25 Lakh Addition, Holds Cash in Wife’s Locker Cannot Be Taxed Without Proof of Ownership

The ITAT remanded the ex parte assessment orders of assessees for fresh adjudication, imposed Rs. 5,000 cost per appeal, and directed the CIT(A) to grant proper hearing opportunity.

ITAT Remands Ex-Parte Search Assessments with Opportunity to Represent and Imposes Rs. 5,000 Cost

As per the WBAAR, "shaving foam" and "shaving cream" are two different products, but both are covered under the tariff heading 3307.

Shaving Cream and Shaving Foam Are Two Different Products: AAR

The West Bengal AAR clarified the GST classification and applicable tax rates for medical gloves, aprons, drapes, and probe covers manufactured by the company.

West Bengal AAR Clarifies GST Classification of Medical Disposables Manufactured by Company

ITAT deleted the addition, holding that tax cannot be imposed merely on third-party statements when no incriminating evidence was found during the search.

ITAT Quashes Addition Due to Absence of Incriminating Evidence Beyond Third-Party Statements

The ITAT held that a charitable trust cannot be denied Section 80G registration merely because of incidental religious clauses if its main objectives are charitable in nature.

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ITAT Deletes Rs. 25 Lakh Addition, Holds Cash in Wife’s Locker Cannot Be Taxed Without Proof of Ownership

ITAT Remands Ex-Parte Search Assessments with Opportunity to Represent and Imposes Rs. 5,000 Cost

Shaving Cream and Shaving Foam Are Two Different Products: AAR

West Bengal AAR Clarifies GST Classification of Medical Disposables Manufactured by Company

ITAT Quashes Addition Due to Absence of Incriminating Evidence Beyond Third-Party Statements

ITAT Holds Section 80G Registration Cannot Be Denied for Incidental Religious Activities