Tax determination against deceased proprietor invalid where no notice to legal representative; appeal rejected without addressing jurisdictional defec...
Revocation of GST registration and permission to file blocked returns; conditional defreezing of bank accounts after security and instalment applicati...
Right to access seized electronic evidence: impugned adjudication treated as additional show cause notice, remand for fresh hearing and return of mate...
Revisability of return invalidation communications under tax procedure affirmed, impugned non revisional finding quashed and matter remitted for fresh...
Assessee trading in machinery incurred losses and failed to maintain books of account; statutory audit obligation triggered by the turnover threshold was applicable but could not be met. Tribunal found failure to establish a reasonable cause for non-maintenance and therefore sustained penalty under the penalty provision for not maintaining accounts. The tribunal rejected reliance on the presumptive taxation scheme as a defence to the penalty. Separately, the tribunal held that imposing an additional penalty for failure to obtain an audit when books were not maintained would amount to double penalisation, and accordingly vacated the audit-related penalty.
Assessee trading in machinery incurred losses and failed to maintain books of account; statutory audit obligation triggered by the turnover threshold was applicable but could not be met. Tribunal found failure to establish a reasonable cause for non-maintenance and therefore sustained penalty under the penalty provision for not maintaining accounts. The tribunal rejected reliance on the presumptive taxation scheme as a defence to the penalty. Separately, the tribunal held that imposing an additional penalty for failure to obtain an audit when books were not maintained would amount to double penalisation, and accordingly vacated the audit-related penalty.
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