Judgement

ITAT upheld a Rs 2.06 lakh penalty under Section 272A(2)(e), ruling that a five and half year delay in submitting ITR-V could not be justified as a reasonable cause.

ITAT Upholds Rs 2.06 Lakh Penalty, Holds Over 5 Year ITR-V Delay Defeats Reasonable Cause Claim

The ITAT Mumbai ruled mere allegations of price manipulation cannot justify Section 68 addition.

ITAT Rules General Investigation Report Cannot Establish Bogus LTCG

The ITAT Mumbai holds assessee should not be shut out from producing necessary evidence .


ITAT Mumbai Remands Rs 4.03 Crore Unexplained Investment Addition to AO

ITAT condoned the 439-day delay and gave the taxpayer a fresh opportunity to explain the Rs 14.37 lakh demonetisation-period cash deposits.

ITAT Condones 439-Day Delay, Gives Fresh Chance Over Rs 14.37 Lakh Demonetisation Deposits

News

GSTN has removed the GST Portal validation restricting appeals against NIL or Zero demand orders, allowing taxpayers to file Form GST APL-01.

GSTN Removes Portal Restriction: Taxpayers Can Now Appeal Against NIL or Zero Demand Orders

The Supreme Court has stayed the Tripura HC judgment granting Rs 1.11 crore GST ITC relief to Sahil Enterprises despite the supplier’s failure to deposit the tax. 

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ITAT Upholds Rs 2.06 Lakh Penalty, Holds Over 5 Year ITR-V Delay Defeats Reasonable Cause Claim

ITAT Rules General Investigation Report Cannot Establish Bogus LTCG

ITAT Mumbai Remands Rs 4.03 Crore Unexplained Investment Addition to AO

ITAT Condones 439-Day Delay, Gives Fresh Chance Over Rs 14.37 Lakh Demonetisation Deposits

GSTN Removes Portal Restriction: Taxpayers Can Now Appeal Against NIL or Zero Demand Orders

Supreme Court Stays Tripura HC Ruling Holding Bona Fide Buyer Entitled to ITC Despite Supplier’s GST Default