Posted inBlog
ITAT Limits Tax Reassessment Powers: A Victory for Taxpayer Certainty
ITAT's landmark ruling strengthens taxpayer certainty by limiting tax reassessment powers, preventing arbitrary reopening of past assessments.
Posted inBlog
Pune ITAT Ruling Protects Scrap Dealers from Unexplained Cash Deposit Penalties
Pune ITAT ruling shields scrap dealers from unexplained cash deposit penalties when business turnover is consistently accepted by tax authorities.
Posted inBlog
ITAT Mumbai Overturns Assessment Order Over Procedural Fairness Violations
ITAT Mumbai overturned an assessment order, citing procedural fairness violations and emphasizing the taxpayer's right to be heard in tax cases.
Posted inBlog
ITAT Pune Clarifies Legal Standing of Assessments Against Deceased Taxpayers
ITAT Pune clarifies that tax assessments initiated during a taxpayer's lifetime remain valid post-death, requiring reassessment in the legal...
Posted inBlog
Madras High Court Nullifies GST Order Post-Proprietor’s Demise, Opens Door for Legal Heir Proceedings
Madras High Court voids GST order issued post-proprietor's death, enabling fresh proceedings against legal heirs.
Posted inBlog
Tax Tribunal Upholds Sales-Purchase Link, Deletes Bogus Purchase Addition
Discover how the Tax Tribunal ruled that accepted sales validate linked purchases, preventing 'bogus' additions and stressing documentary evidence.
Posted inBlog
Madras High Court Overturns GST Assessment on Deceased Business Owner
Madras High Court rules GST assessments cannot proceed against deceased owners, mandating fresh notices to legal heirs for proper tax administration.
Posted inBlog
Tax Tribunal Upholds Cash Deposit Scrutiny Amidst Insufficient Business Proof
Hyderabad ITAT rules that mere submissions and audit reports are insufficient; tangible business proof is essential for explaining cash deposits.
Posted inBlog
ITAT Bangalore Rules Re-Deposited Withdrawn Cash Not ‘Unexplained’
Discover how ITAT Bangalore ruled that re-depositing previously withdrawn cash for business expenses isn't unexplained income under Section 68.
Posted inBlog
ITAT Overturns Bogus Purchase Disallowance Due to Lack of Evidence
ITAT overturned a purchase disallowance, emphasizing that tax officers need concrete evidence, not just assumptions, to prove bogus transactions.