📢 High Court Directs GST Officer to Reconsider Portal Freezing

The Calcutta High Court rules GST Portal Blocking Cannot Continue Without Considering Taxpayer’s Representation.

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📢 ITAT Allows Normal Tax Rate on Rs 75 Lakh Survey Surrender, Rejects 60% Section 115BBE Levy

ITAT directs the AO to tax Rs 75 lakh surrendered during a 2016 survey at the normal rate, holding that the amended 60% rate under Section 115BBE applies from FY 2017-18.

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📢 Jind Bribery Trap: GST Officer, CA Arrested Over Rs 5 Lakh Bribe Demand

GST officer Divesh Sahu and CA Ajay Sharma were arrested in Jind for allegedly demanding Rs 5 lakh and accepting a ₹3 lakh bribe in a tax case.

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📢 Fake IT Raid at Mumbai Firm: 2 Income Tax Officials Among 4 Arrested, Rs 1 Crore Demand

Two Income Tax officials and two others were arrested for allegedly conducting a fake raid at a Mumbai firm and demanding Rs 1 crore.

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📢 High Court Upholds Reassessment Proceedings And Allows Assessee to Raise Limitation Plea

The High Court Holds there was reasonable basis to initiate reassessment despite assessee’s explanation.

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📢 Mere Assumptions Cannot Sustain Addition: Rs 15.72 Lakh Cash Addition Deleted After ITAT Finds No Incriminating Evidence

ITAT deleted the Rs 15.72 lakh addition, holding that the Revenue failed to produce sufficient incriminating material proving an undisclosed cash payment to the Bhutani Group.

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📢 Max Healthcare Faces NCLT Proceedings Over Kalinga Hospital; Next Hearing Scheduled for Sept 28

Max Healthcare has disclosed that the NCLT Cuttack Bench has directed it and other respondents to file replies in the BRS Capital proceedings involving subsidiary Kalinga Hospital.

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📢 Over 50,000 Swiggy Delivery Partners Use App to File ITRs, Claim Rs 6.5 Crore Refund

More than 50,000 Swiggy delivery partners have filed ITRs through its app, collectively claiming around Rs 6.5 crore in tax refunds.

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📢 Merely Absence of PAN or Email Address in Sale Confirmation Cannot Prove Transaction Bogus, Holds ITAT

ITAT deleted the Rs 21.81 lakh addition, holding that spelling errors and missing PAN or email details in the purchaser’s confirmation could not by themselves establish a bogus transaction.

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📢 High Court Denies Anticipatory Bail to Man Accused of GST Fraud Through Forged Invoices

The Punjab and Haryana High Court rules custodial interrogation necessary to uncover link with Non-Existent Firms.

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📢 ITAT Takes Lenient View on Long Delay, Remands Tax Dispute for Fresh Hearing After Taxpayer Claims He Was Unaware of Proceedings

ITAT Pune condones years-long delay in filing tax appeal, citing reasonable cause and directing CIT(A) to reconsider the matter afresh.

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📢 Adobe Systems Wins 10% Tax Rate on Income Tax Refund Interest Under India-Ireland DTAA

ITAT allows taxpayer to avail the beneficial 10% tax rate under the India-Ireland DTAA on interest received from income-tax refunds for AYs 2018-19 and 2019-20, along with TDS credit relief.

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📢 High Court Holds Retrospective Section 147A of Income Tax Act As Unconstitutional

The Punjab and Haryana High Court has declared Section 147A of the Income tax Act, 1961 unconstitutional.

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📢 Rs 2.67 Crore Income Tax Penalty Quashed by ITAT as AO Failed to Clearly Specify Whether Case Involved Concealment or Inaccurate Particulars

ITAT Delhi quashed the Rs 2.67 crore penalty, holding that the AO’s failure to clearly specify the penalty charge in the Section 271(1)(c) notice rendered the proceedings invalid.

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📢 ITAT Remands Deegee Software Rental Income Dispute to AO for Fresh Adjudication

ITAT admitted Deegee Software’s additional ground on the tax treatment of rental income and restored the dispute to the AO for fresh consideration.

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📢 ITAT Rules LLP Subject to Statutory Audit Under LLP Law get Extended ITR Due Date

The ITAT Mumbai has held that LLP required to be audited under LLP Act and Rules is entitled to the extended return filing.

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📢 HDFC Life Faces Rs 3,365 Crore GST Demand, Penalty; To Appeal Order

HDFC Life faces a Rs 3,365 crore GST demand and penalty, and plans to challenge the order before the GST Appellate Tribunal.

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📢 ITAT Deletes Rs 1.13 Crore Transfer Pricing Adjustment, Flags Inconsistent Depreciation Treatment

ITAT deleted the Rs 1.13 crore transfer pricing adjustment after finding that depreciation was treated inconsistently while comparing the assessee’s operating margin with comparable companies.

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How to Pay Advance Tax!

https://x.com/PratibhaGoyal/status/2098699321021743536?s=20

📢 Rs 24 Crore Cyber Fraud: Mumbai Police Arrest 3 for Supplying Mule Bank Accounts, 2,898 SIMs

Mumbai Police arrested three accused for allegedly supplying mule bank accounts and SIM cards to a cyber fraud network involved in transactions linked to around Rs 24 crore.

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📢 ITAT Remands Tax Dispute to Assessing Officer, Directs Fresh Review After Assessee Cites Lack of Proper Opportunity and Non-Supply of Documents

ITAT remands the tax dispute to the Assessing Officer for fresh review after finding that the assessee was not given proper opportunity or relevant documents.

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