The ITAT Pune ruled that a reassessment initiated under sec.147/148, even for non-filers who later filed a return, is void ab ...

The Karnataka High Court set aside a penalty notice and order under Section 271DA for violating Section 269ST, holding the proceedings were time-barred. Following the K. Umesh Shetty precedent, the ...

Upholding the sanctity of concluded proceedings, the Court rejected the Revenue's challenge, holding that the Checkmate Services judgment on PF/ESI contributions cannot retroactively invalidate a ...

The Karnataka High Court dismissed the Revenue's petition, affirming that the ITAT correctly refused to rectify its concluded order using the later Supreme Court ruling in Checkmate Services. The ...

Court held that entire series of reassessment actions, including final assessment and penalty notices, were bad in law because the initiating notices were issued by the wrong authority, violating ...

Section 270A penalties must specify the exact misreporting clause. Vague notices invalidate penalties and can restore ...

Allahabad High Court quashes GST show cause notices and assessment orders issued in the name of a deceased proprietor. The ...

New Ind AS 1 rules (2025) mandate current/non-current liability classification based strictly on rights at the reporting date ...

Ahmedabad ITAT quashes reassessments based on ACB report, ruling the AO lacked independent "reason to believe" and only used borrowed satisfaction. A void assessment cannot be revised under Section ...

ITAT Chennai found it impermissible for the Department to levy a S 271B penalty after accepting the assessee's income as commission business in the scrutiny assessment. The key takeaway is that the ...