PMLA anticipatory bail requires satisfaction of twin conditions, while predicate-offence protection does not extend to independent money-laundering pr...
School-affiliation charges remain taxable where not directly connected with examinations, while extended limitation requires proof of deliberate tax e...
Concessional penalty for search-disclosed unreconciled jewellery applies where substantive disclosure conditions are met despite omission from origina...
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ITAT allowed the assessee's appeals and quashed the assessments framed u/s 153A r.w.s. 144/143(3) for AYs 2013-14 and 2014-15. It held that the assessments were invalid due to lack of a legally sustainable approval u/s 153D, granted mechanically and without application of mind, and were vitiated by serious violation of principles of natural justice, including denial of effective opportunity and completion of assessment within two days of return filing. For AY 2014-15, the assessment was additionally held bad in law for non-issuance of notice u/s 143(2) after transfer of jurisdiction. Additions were not examined on merits.
ITAT allowed the assessee's appeals and quashed the assessments framed u/s 153A r.w.s. 144/143(3) for AYs 2013-14 and 2014-15. It held that the assessments were invalid due to lack of a legally sustainable approval u/s 153D, granted mechanically and without application of mind, and were vitiated by serious violation of principles of natural justice, including denial of effective opportunity and completion of assessment within two days of return filing. For AY 2014-15, the assessment was additionally held bad in law for non-issuance of notice u/s 143(2) after transfer of jurisdiction. Additions were not examined on merits.
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