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    Disallowance of interest to scheduled/cooperative banks upheld where unpaid by the return filing due date, favouring revenue.
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    Trust purchase prohibition: tribunal found exemption preserved where sellers lacked substantial interest or control in the investee.
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      Appellate authority failed to apply independent mind by...

      Non-application of mind by an appellate authority: order set aside and remanded for fresh merits consideration of documents and submissions.

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      GSTFebruary 27, 2026Case LawsHC
      Appellate authority failed to apply independent mind by paraphrasing the adjudicating authority and neglecting the petitioner's explanations and documents on record; the HC found the appellate order uninformed and susceptible to judicial reproach. The court held that the appellate order does not reveal consideration of submissions or file documents and therefore set aside the impugned order and remanded the matter for fresh merits consideration by the appellate authority, directing proper examination of the petitioner's grounds and documents on record.

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      ActsIncome Tax