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During the investigation, the STF found that fraudsters had established that more than 100 fake firms were created using fake documents.

UP STF Busts Major GST Scam; Delhi Man Arrested After Months on the Run

Judgement

The Tribunal noted that evenaif the department was not familiar with the death of the assessee, a penalty proceeding against a deceased person is still invalid.

Income Tax Penalty Proceedings Cannot be Initiated Against Deceased Person: ITAT

The ITAT condoned the delay but imposed a cost of Rs 5,000 on the assessee trust to be paid to the Income Tax Department within two weeks.

ITAT Condones 255-Day Delay, Sends 80G Registration Issue Back to CIT(E)

ITAT Condones 255-Days Delay, Sends 80G Registration Issue Back to CIT(E)

ITAT ruled that only the profit element, not the full amount, can be added on alleged bogus purchases when sales are accepted, dismissing the Revenue’s appeal.

ITAT Upholds Partial Relief in Rs. 5.31 Lakh Bogus Purchase Dispute, Dismisses Revenue Appeal

The Tribunal held that Section 271B presupposes the existence of books of account which are required to be audited under Section 44AB.

ITAT Quashes Rs. 1.50 Lakh Penalty Where No Books of Account Were Maintained

Apex Court refuses to condone 320-day delay, allowing HC's ruling quashing reassessment notice to stand.

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UP STF Busts Major GST Scam; Delhi Man Arrested After Months on the Run

Income Tax Penalty Proceedings Cannot be Initiated Against Deceased Person: ITAT

ITAT Condones 255-Days Delay, Sends 80G Registration Issue Back to CIT(E)

ITAT Upholds Partial Relief in Rs. 5.31 Lakh Bogus Purchase Dispute, Dismisses Revenue Appeal

ITAT Quashes Rs. 1.50 Lakh Penalty Where No Books of Account Were Maintained

Supreme Court Declines to Condone 320-Day Delay in Revenue’s SLP