Judgement

The ITAT directed deletion of a Rs 10.76 lakh expense disallowance due to the absence of identified defects in audited books and remanded a Rs 17.66 lakh addition under Section 40A(3) for fresh verification of Rule 6DD exceptions.

ITAT Deletes Rs 10.76 Lakh Expense Disallowance, Remands Rs 17.66 Lakh Cash Payment Issue

The ITAT held that failure to establish service of the mandatory Section 143(2) notice and the jurisdictional defect under CBDT Circular No. 1/2011 invalidated the assessment proceedings.

ITAT Quashes Bogus LTCG Assessment for Non-Service of Mandatory Section 143(2) Notice

News

The Orissa HC quashed a Rs 696.32 crore mining demand against JSW Steel and remanded a separate Rs 1,472.69 crore demand concerning dispatch shortfalls at its Jajang Iron Ore Block for fresh adjudication.

Orissa High Court Quashes Rs 696.32 Crore Demand Against JSW Steel, Sets Aside Rs 1,472.69 Crore Demand

The GSTAT holds proof of tax evasion not necessary for imposing penalty under Section 129 of the GST Act.

GSTAT Upholds Penalty for Transporting Goods Under Expired E-Way Bill

The GSTAT holds that GST Penalty cannot be automatically sustained without examining the actual movement and nature of the Breach.


GSTAT Remands GST Penalty Case for Fresh Adjudication Over Uncertain Goods Movement

The GSTAT holds that sale during transit does not exempt taxpayer from E-way bill compliance.

GSTAT Upholds Penalty for Expired E-Way Bill and Incorrect Dispatch Details

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