![Addition based on Unexplained Deposit becomes valid when Three conditions required u/s 68 not proved: Allahabad HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Deposit-Allahabad-High-Court-taxscan.jpg "Addition based on Unexplained Deposit becomes valid when Three conditions required u/s 68 not proved: Allahabad HC [Read Order]")
Addition based on Unexplained Deposit becomes valid when Three conditions required u/s 68 not proved: Allahabad HC [Read Order]
The Allahabad High Court (HC) has held that an Addition based on an unexplained deposit becomes valid when Three conditions required under section 68...
![Construction of House couldnt be Completed Within 3 years, ITAT denies Capital Gain Exemption under Section 54F [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Construction-of-House-ITAT-Capital-Gain-Exemption-taxscan.jpg "Construction of House couldnt be Completed Within 3 years, ITAT denies Capital Gain Exemption under Section 54F [Read Order]")
![Seriousness of Offences Alone, Not Conclusive of the Applicants Entitlement to Bail:Â Allahabad High Court [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Seriousness-Offences-Bail-Allahabad-High-Court-taxscan.jpg "Seriousness of Offences Alone, Not Conclusive of the Applicants Entitlement to Bail:Â Allahabad High Court [Read Order]")
![No Entertainment Tax on Water Parks over Rented Swimming Costumes: Allahabad HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Entertainment-Tax-Water-Parks-Swimming-Costumes-Allahabad-HC-taxscan.jpg "No Entertainment Tax on Water Parks over Rented Swimming Costumes: Allahabad HC [Read Order]")
GST Evasion by availing Input Tax Credit worth Rs. 8.76 Crores from non-existent Firms: Allahabad HC grants Bail to accused [Read Order]
The Allahabad High Court had granted bail to the applicant Subodh Kumar Garg after being in jail since 16.3.2022 and having no criminal history, in consideration of the nature of the offence being...
![GST Evasion by availing Input Tax Credit worth Rs. 8.76 Crores from non-existent Firms: Allahabad HC grants Bail to accused [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/GST-Evasion-Input-Tax-Credit-Allahabad-HC-Bail-TAXSCAN.jpg "GST Evasion by availing Input Tax Credit worth Rs. 8.76 Crores from non-existent Firms: Allahabad HC grants Bail to accused [Read Order]")
![GST Demand Penalty cannot be based on Presumption: Allahabad HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/GST-Penalty-Presumption-Allahabad-HC-TAXSCAN.jpg "GST Demand Penalty cannot be based on Presumption: Allahabad HC [Read Order]")
Discretionary Power vested on AO for Granting Stay under Income Tax Act shall be Exercised within Four Corners of Law: Allahabad HC [Read Order]
The Allahabad High Court, in a recent ruling, has held that the discretionary power vested on the Assessing Officer to grant stay of demand is not absolute and the same shall be exercised within the...
![Discretionary Power vested on AO for Granting Stay under Income Tax Act shall be Exercised within Four Corners of Law: Allahabad HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/AO-Income-Tax-Act-Law-Allahabad-HC-taxscan.jpg "Discretionary Power vested on AO for Granting Stay under Income Tax Act shall be Exercised within Four Corners of Law: Allahabad HC [Read Order]")
Revisionists failed to appear for Adjudication due to Non-Issuance of Notice by Commercial Tax Tribunal: Allahabad HC allows fresh Revision [Read Order]
In a significant ruling, the Allahabad High Court allowed the fresh Revision when the revisionist failed to appear for adjudication due to non-issuance of notice by the Commercial Tax Tribunal. ...
![Revisionists failed to appear for Adjudication due to Non-Issuance of Notice by Commercial Tax Tribunal: Allahabad HC allows fresh Revision [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Revisionists-Notice-Commercial-Tax-Tribunal-Allahabad-HC-Revision-taxscan.jpeg "Revisionists failed to appear for Adjudication due to Non-Issuance of Notice by Commercial Tax Tribunal: Allahabad HC allows fresh Revision [Read Order]")
AO has No Jurisdiction to issue notice u/s 148 without recording valid satisfaction: Allahabad HC [Read Order]
A Division Bench of the High Court of Allahabad held that Assessing Officer (AO) has no jurisdiction to issue notice under Section 148 of Income Tax Act, 1961 without recording valid satisfaction. ...
![AO has No Jurisdiction to issue notice u/s 148 without recording valid satisfaction: Allahabad HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/AO-jurisdiction-Allahabad-HC-taxscan.jpeg "AO has No Jurisdiction to issue notice u/s 148 without recording valid satisfaction: Allahabad HC [Read Order]")
GST: Allahabad HC Imposes Cost of Rs. 50,000 on Dept for Arbitrary Attachment without Tangible Material [Read Order]
In a significant ruling, the Allahabad High Court has imposed a cost of Rs. 50,000 on the GST department for the provisional attachment without quoting tangible material in violation of section 83 of...
![GST: Allahabad HC Imposes Cost of Rs. 50,000 on Dept for Arbitrary Attachment without Tangible Material [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/GST-Allahabad-HC-Tangible-Material-taxscan.jpeg "GST: Allahabad HC Imposes Cost of Rs. 50,000 on Dept for Arbitrary Attachment without Tangible Material [Read Order]")