Tribunal remands cash deposit case to CIT(A) for fresh adjudication barring limitation objection Issue Whether the CIT(A) was justified in dismissing the appeal ex-parte on grounds of delay and non-compliance regarding an addition of Rs. 31.85 Lacs for cash deposits. Facts Assessment Details: The appeal pertains to Assessment Year 2011-12. The assessment was framed… Read More »
ITAT remands exemption denial to CIT(A) to consider revised Form 10BB and delay condonation Issue AY 2023-24: Whether CPC was justified in restricting exemption u/s 11/12 due to an inadvertent reporting error in Form 10BB regarding application of funds from earlier years. AY 2024-25: Whether exemption u/s 11/12 can be denied for non-filing of Form… Read More »
Interest on enhanced land compensation is taxable u/s 56(2)(viii) subject to 50% deduction u/s 57 Issue Whether interest received on enhanced compensation u/s 28 of the Land Acquisition Act is exempt from tax or taxable as ‘Income from Other Sources’ u/s 56(2)(viii). Whether the intimation order passed u/s 143(1) by CPC Bangalore was valid.… Read More »
77 Cr Cash Deposit Addition Remanded; Illness & Tech Challenges Valid Causes for Non-Appearance Issue Whether an ex-parte assessment treating cash deposits of Rs. 1.77 Crores as unexplained money under Section 69A is valid when the assessee (a rustic villager suffering from kidney ailments) could not participate in the online proceedings due to illness… Read More »
Interest on Motor Accident Claim Compensation Held Not Taxable; Addition Deleted Issue Taxability of Interest: Whether interest awarded on compensation under the Motor Vehicles Act (MACT) is taxable as “Income from Other Sources” or if it constitutes a non-taxable “Capital Receipt.” Receipt vs. Accrual: Can interest income be taxed under Section 145B (which mandates… Read More »
CIT(A)’s Ex-Parte Order Quashed for Serving Notices to Previous Counsel’s Email; Matter Remanded Issue Service of Notice: Is the service of notice valid if sent to the email ID of the assessee’s previous counsel instead of the email ID specifically mentioned in Form 35? Duty of CIT(A): Can the Commissioner of Income Tax (Appeals)… Read More »
Penalty Deleted: Cash Sale Consideration at Registration Not “Specified Sum” u/s 269SS Issue Whether the penalty under Section 271D is applicable when the entire sale consideration for an immovable property is received in cash at the time of executing the sale deed, or if Section 269SS is restricted only to cash advances in property… Read More »
Revenue’s Appeal Allowed (Statistically) in ₹33 Cr Cash Credit Case; ITAT Remands to AO Issue Procedural Validity: Whether the Commissioner of Income Tax (Appeals) [CIT(A)] was justified in setting aside an ex-parte assessment order and restoring it to the Assessing Officer (AO) by invoking the newly inserted proviso to Section 251(1)(a) of the Income… Read More »
IMPORTANT GST CASE LAWS 12.01.2026 Relevant Act Section Case Law Title Brief Summary Citation CGST Act, 2017 Section 9 (Classification) Dodla Dairy Ltd. v. Union of India [Classification Dispute Settled] Flavoured milk is classifiable under Tariff Item 0402 99 90 and is subject to GST at the rate of 5%. The court rejected the higher… Read More »
Assessment Order Against Deceased Person Invalid; Fresh Assessment Directed Against Legal Heir Issue Whether an assessment order passed against a deceased person (or their legal heir without following due process) is valid, and how Section 93 of the GST Act applies regarding the procedure for assessment and the extent of liability of the legal… Read More »