Alternative GST remedy permitted protective writ intervention for ex parte adjudication, preserving independent appellate review of input tax credit d...
Assessment against deceased sole proprietor requires proceedings against the legal representative, rendering prior assessment and appellate orders inv...
Residential waste collection classification under SAC 999423 defeats composite-supply exemption where facilitating goods are not transferred to the lo...
Condonation of delay permits statutory appeal restoration where inadequate service explanation prevented consideration of reassessment and taxable-inc...
Penalty u/s 271(1) (c) - period of limitation - treatment of lease rent income - in the revised return, assessee claimed the same as income from house property to claim 30% standard deduction - AO treated the income of the assessee as income from business and initiated penalty proceedings - ITAT found that the penalty order was indeed unsustainable as it was passed beyond the prescribed time limit under section 275. Moreover, the ITAT emphasized that the mere rejection of a claim by the Revenue does not automatically warrant penalty imposition unless there is evidence of concealment or furnishing inaccurate particulars.
Penalty u/s 271(1) (c) - period of limitation - treatment of lease rent income - in the revised return, assessee claimed the same as income from house property to claim 30% standard deduction - AO treated the income of the assessee as income from business and initiated penalty proceedings - ITAT found that the penalty order was indeed unsustainable as it was passed beyond the prescribed time limit under section 275. Moreover, the ITAT emphasized that the mere rejection of a claim by the Revenue does not automatically warrant penalty imposition unless there is evidence of concealment or furnishing inaccurate particulars.
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