AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
The ITAT held that the Sec. 143(1) intimation must be treated separately from the scrutiny assessment concerning unadjudicated claims under Section 43B, allowing ITC Infotech's appeal.
In a significant ruling, the ITAT determined that a reassessment under the Income Tax Act cannot stand if no addition is made on a reason recorded for the reassessment. This ruling emphasizes the necessity of substantiated grounds for tax assessments.
The ITAT held that any notice issued under Section 148 of the Income Tax Act beyond the prescribed limitation period is legally invalid. This ruling reinforces the importance of adhering to statutory timelines in tax assessments.
The Allahabad High Court declared an income tax notice served to a deceased individual invalid, affirming that tax laws are intended for the living.
The CESTAT Kolkata has ruled that interest on customs duty related to capital goods cleared from a MOOWR warehouse is not applicable unless there is actual use, overturning the previous demand based on intended use.
The Supreme Court affirmed that income tax penalty notices must clearly specify the exact charge under Section 271(1)(c). This ruling underscores the necessity for precision in tax penalty communications.
The Gauhati High Court ruled that challenges regarding the non-issuance of Form GST ASMT-10 and issues related to the supply of audit materials can be effectively addressed by the statutory appellate authority.
The recently enforced India-Sri Lanka Tax Protocol aims to provide double taxation relief along with anti-abuse measures effective from FY 2027.
The Karnataka High Court upheld the disqualification of a company from a tender process due to the director's tax default. The ruling suggests that de facto control by directors in tax compliance is crucial.
The Andhra Pradesh High Court ruled that a show cause notice in faceless assessments must allow a minimum of seven days for taxpayer response. This decision annuls a previous assessment where only four days were provided.
The Uttarakhand High Court has dismissed a batch of writ petitions, stating that Section 5 of the Limitation Act cannot be applied to GST appeals filed beyond the four-month statutory deadline. The court emphasized that allowing such appeals would contravene legislative intent.
The ITAT has quashed an income tax reassessment due to a lack of recorded reasons, emphasizing their significance in reopening cases under Section 148.
The CESTAT Kolkata has set aside penalties under Section 114A, reversing the duty demand and confiscation following a failed reclassification of goods. The ruling highlights the need for accurate classification based on substantiated evidence.