Annual Digest 2024: Supreme Court and High Court Cases on Taxation [Part 24]
This annual round-up analytically summarizes the key Direct and Indirect Tax Judgments of the Supreme Court and all High Courts of India reported at...
![Challenge on GST SCN alleging Fraud and Misrepresentation: Calcutta HC dismisses Britannia Industries Appeal on Availability of Statutory Remedy [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/GST-Goods-and-Service-Tax-Calcutta-High-Court-GST-Fraud-cases-TAXSCAN.jpg "Challenge on GST SCN alleging Fraud and Misrepresentation: Calcutta HC dismisses Britannia Industries Appeal on Availability of Statutory Remedy [Read Order]")
![AO to provide Assessee Opportunity of Hearing u/s 75(4), GST Act when Adverse Decision is Contemplated: Calcutta HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/Calcutta-HC-Calcutta-High-Court-GST-Act-Adverse-Decision-WBGST-Act-GST-AO-to-provide-Assessee-taxscan.jpg "AO to provide Assessee Opportunity of Hearing u/s 75(4), GST Act when Adverse Decision is Contemplated: Calcutta HC [Read Order]")
Issuance of Scrutiny Notice Despite Knowing of Amalgamation: Calcutta HC Declines to Apply S. 292B of Income Tax Act [Read Order]
In a significant case, the Calcutta High Court declined to apply Section 292B of the Income Tax Act, 1961 in the case where the scrutiny notice issued in an amalgamating company's name, despite the...
![Issuance of Scrutiny Notice Despite Knowing of Amalgamation: Calcutta HC Declines to Apply S. 292B of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/Calcutta-HC-Calcutta-High-Court-Section-292B-of-the-Income-Tax-Act-Income-Tax-Income-Tax-Act-Issuance-of-Scrutiny-Notice-taxscan.jpg "Issuance of Scrutiny Notice Despite Knowing of Amalgamation: Calcutta HC Declines to Apply S. 292B of Income Tax Act [Read Order]")
Factual Examination on 'Addition' of Unexplained Cash Credit under Income Tax Act Is Beyond Scope Of Appeal u/s 260A: Calcutta HC [Read Order]
In a significant ruling, the Calcutta High Court has held that it cannot interfere in factual examination of the material produced or not produced by an assessee-company to explain the share...
![Factual Examination on Addition of Unexplained Cash Credit under Income Tax Act Is Beyond Scope Of Appeal u/s 260A: Calcutta HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/Calcutta-HC-Calcutta-High-Court-Factual-Examination-Unexplained-Cash-Credit-Income-Tax-Act-Section-260A-of-the-Income-Tax-Act-taxscan.jpg "Factual Examination on Addition of Unexplained Cash Credit under Income Tax Act Is Beyond Scope Of Appeal u/s 260A: Calcutta HC [Read Order]")
Capital Subsidy should be reduced for Computation of Book Profit u/s 115JB of Income Tax Act: ITAT [Read Order]
The Nagpur Bench of the Income Tax Appellate Tribunal ( ITAT ) held that capital subsidy should be reduced for computation of book profit under Section 115JB of the Income Tax Act,1961. In this...
![Capital Subsidy should be reduced for Computation of Book Profit u/s 115JB of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/ITAT-Income-Tax-ITAT-Nagpur-Income-Tax-Act-Capital-Subsidy-cases-under-ITAT-TAXSCAN.jpg "Capital Subsidy should be reduced for Computation of Book Profit u/s 115JB of Income Tax Act: ITAT [Read Order]")
CIT(A) Deleted Rs.120.55 Crore Income Tax Addition In Hasty Manner: Gauhati HC Refuses to Initiate Disciplinary Action Against CIT(A) [Read Order]
The Gauhati High Court has held that disciplinary action against CIT (A) could not be initiated for deleting Rs. 120.55 crore income tax addition in a hasty manner. The court held that the gravity of...
![CIT(A) Deleted Rs.120.55 Crore Income Tax Addition In Hasty Manner: Gauhati HC Refuses to Initiate Disciplinary Action Against CIT(A) [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/Income-Tax-Gauhati-High-Court-income-tax-addition-Hasty-Manner-TAXSCAN.jpg "CIT(A) Deleted Rs.120.55 Crore Income Tax Addition In Hasty Manner: Gauhati HC Refuses to Initiate Disciplinary Action Against CIT(A) [Read Order]")
Calcutta HC stays Notice issued by Jurisdictional AO in contravention to provisions u/s 151A of Income Tax Act [Read Order]
The Calcutta High Court stayed the notice issued by the Jurisdictional Assessing Officer ( AO ) in contravention to provisions under section 151A of Income Tax Act,1961. It was viewed that no further...
![Calcutta HC stays Notice issued by Jurisdictional AO in contravention to provisions u/s 151A of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/Income-Tax-Income-Tax-Act-Calcutta-High-Court-Income-Tax-notice-stay-Cases-TAXSCAN.jpg "Calcutta HC stays Notice issued by Jurisdictional AO in contravention to provisions u/s 151A of Income Tax Act [Read Order]")
![Calcutta HC Stays Notice Issued u/s 148 of Income Tax Act Till Disposal of Writ Petition [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/Calcutta-High-Court-Income-Tax-Act-Section-148-of-Income-Tax-Act-Notice.jpg "Calcutta HC Stays Notice Issued u/s 148 of Income Tax Act Till Disposal of Writ Petition [Read Order]")