Condonation of delay in filing GSTR-3B returns and entitlement to Section 62 benefit results in withdrawal of assessments and revocation of attachment...
Penalty for estimation of income and disallowances for tax non-deduction clarified: estimation-based penalties not sustainable; additions without conc...
Managerial remuneration disallowance under s.40A(2)(b) challenged over alleged tax-avoidance; appellate decision restored deletion of addition for dir...
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Clause 10(e) of the CBDT circulars was interpreted as illustrative, not exhaustive, for identifying law enforcement agencies. The High Court held that DGCEI, being an enforcement agency, falls within that expression and could not be excluded merely because it was not named alongside CBI, ED, DRI, SFIO and DGGI. The Tribunal had therefore misread the circulars in rejecting the Revenue's rectification application under section 254(2), and that rejection could not stand. The impugned order was set aside, the rectification matter was restored to the Tribunal, and the issue was remanded for fresh decision after hearing both sides.
Clause 10(e) of the CBDT circulars was interpreted as illustrative, not exhaustive, for identifying law enforcement agencies. The High Court held that DGCEI, being an enforcement agency, falls within that expression and could not be excluded merely because it was not named alongside CBI, ED, DRI, SFIO and DGGI. The Tribunal had therefore misread the circulars in rejecting the Revenue's rectification application under section 254(2), and that rejection could not stand. The impugned order was set aside, the rectification matter was restored to the Tribunal, and the issue was remanded for fresh decision after hearing both sides.
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