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The Supreme Court held excise duty paid by buyers formed part of turnover, discussed colourable devices, and distinguished legitimate tax planning. The post SC Judgment in McDowell Redefined Tax Avoid…
Bombay HC quashed Section 148 notices, holding that search-based material required proceedings under Sections 153A/153C, not Section 147. The post Section 148 Notice Based on Search Material Held With…
SC dismissed the SLP, leaving intact the HC ruling that Section 147 reopening was invalid where Section 153C procedure applied. The post Section 147 Reopening Invalid Where Section 153C Applies: SC ap…
ITAT Kolkata upheld quashing of Section 148 reassessment, holding reopening on stale search material amounted to change of opinion and lacked jurisdiction. The post Section 148 Reopening on Stale Sear…
Kolkata ITAT upheld annulment of Section 147 reassessment based on third-party search material, holding Section 153C was the applicable special provision. The post Section 153C Applies to Third-Party…
ITAT Delhi deleted a Section 69A addition, holding that an undated seized paper without corroborative evidence could not establish unexplained cash receipts. The post Section 69A Addition Deleted for…
ITAT Ahmedabad quashed assessment on a non-existent company and allowed Section 32 depreciation on goodwill arising from amalgamation for AY 2016-17. The post Assessment on Non-Existent LLP & Goodwill…
Gujarat HC quashed reassessment and penalty orders issued against a deceased person, holding proceedings concluded against a dead person are a nullity. The post Reassessment & Penalty Orders Against D…
Supreme Court quashed criminal proceedings after a full OTS settlement, noting no surviving claim, parity with co-accused, and no continuing public interest. The post Criminal Proceedings Quashed Afte…
An application filed by HK Toll Road Private Limited was dismissed alleging that the insolvency proceedings initiated by Canara Bank were malicious and intended solely for debt recovery holding that t…
Pune ITAT deleted Section 271(1)(c) penalty on VSI contribution and omitted Section 244A interest, holding additions alone did not justify penalty. The post Pune ITAT Deletes Section 271(1)(c) Penalty…
Pune ITAT restored Sections 12AA/12AB registration, holding structured skill development constitutes education under Section 2(15) despite allegations. The post Pune ITAT Restores U/s 12AA/12AB Regist…