legal ruling – Page 2 – smeaccountant

Hyderabad ITAT Rules Reassessment on Same Material Constitutes Change of Opinion

The Hyderabad Bench of the Income Tax Appellate Tribunal (ITAT) has issued a significant ruling concerning tax reassessment procedures. According to official reports, the tribunal quashed a tax reopening notice…

Prasenjit Bhowmik August 12, 2026

Blog

Panaji ITAT Quashes Section 147 Reassessment When No Addition Made on Reopened Issue

The Panaji ITAT has quashed a Section 147 reassessment because tax officials failed to make additions on the specific issue that reopened the case.

Prasenjit Bhowmik August 11, 2026

Blog

ITAT Mumbai Deletes ₹1.71 Crore Section 68 Addition on Advance Received & Refunded Through Banking Channels

Discover how ITAT Mumbai cleared a 1.71 crore tax addition under Section 68 by proving the transparency of advances refunded via banking channels.

Prasenjit Bhowmik August 7, 2026

Blog

Gujarat High Court Upholds Section 153C Notices in Landmark Tax Ruling

The High Court of Gujarat has officially dismissed a series of petitions challenging tax notices issued under Section 153C of the Income Tax Act, ruling that the foundational satisfaction notes…

Prasenjit Bhowmik August 6, 2026

Blog

Customs Tribunal Issues Final Ruling on Import Appeal Involving Nhava Sheva Authority and Sun Tex

On July 31, 2026, the customs appellate tribunal delivered a definitive ruling regarding a long-standing import dispute between the Commissioner of Customs at Nhava Sheva and respondent firm Sun Tex.…

Prasenjit Bhowmik August 4, 2026

Blog

Delhi ITAT Quashes Assessment for No Fresh Section 143(2) Notice After Jurisdiction Change

Delhi ITAT quashed a tax assessment because the new officer failed to issue a mandatory Section 143 2 notice after a jurisdiction change.

Prasenjit Bhowmik August 3, 2026

Blog

Delhi ITAT Quashes Reassessment for Granting Less Than Mandatory Seven Days’ Time Under Section 148A(b)

The Delhi ITAT quashed a tax reassessment because the authority failed to give the taxpayer the mandatory seven-day response time under Section 148A.

Prasenjit Bhowmik August 3, 2026

Blog

CESTAT Sets Aside Service Tax Demand Based on ST-3 and Trial Balance Difference

In a notable legal development, the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) recently ruled in favor of a taxpayer by setting aside a major service tax demand, along…

Prasenjit Bhowmik July 31, 2026

Blog

Customs Appellate Authority Upholds Confiscation of Gold and Currency in Kolkata

On July 29, 2026, official records highlighted a significant ruling involving Shri Vikram Jhunjhunwala and customs authorities in Kolkata. The legal proceedings center on a disputed seizure of precious metals…

Prasenjit Bhowmik July 30, 2026

Blog

Insurance Liability in Commercial Vehicle Accidents: Lessons from Recent Legal Rulings

Unpack recent legal rulings impacting insurance liability in commercial vehicle accidents and understand your rights as a policyholder.

Prasenjit Bhowmik June 14, 2026