Tax Appeal
Latest news, explainers and analysis on Tax Appeal. Tracking 4 stories on Arth Vani.
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Latest on Tax Appeal
ITAT Allows Additional Evidence in Unsecured Loan Case Due to Short Compliance Window
The Income Tax Appellate Tribunal (ITAT) recently permitted a taxpayer to submit additional evidence in a case involving unsecured loans. This decision was made because the taxpayer had a very limited time to comply with the tax authorities' requests, highlighting the importance of adequate time for taxpayers to present their case.
BreakingITAT Sides With Omaxe, Scraps Tax Addition Linked to 2008 Data
The Income Tax Appellate Tribunal (ITAT) has ruled in favour of real estate developer Omaxe Ltd., rejecting a significant income tax addition. This decision concerns an addition proposed by the tax authorities based on data seized during a search operation conducted in 2008.
Bombay HC Revives GST Appeal Dismissed for Pre-Deposit Shortfall, Citing Excess Payment
The Bombay High Court has reinstated a Goods and Services Tax (GST) appeal that was previously dismissed due to an alleged shortfall in the mandatory pre-deposit. The court noted that the appellant had, in fact, paid an amount exceeding the required pre-deposit, highlighting a procedural error in the initial dismissal.
BreakingHigh Court Rules Amended GST 10% Penalty Pre-Deposit Not Retrospective for Appeals
A High Court has ruled that an amended Goods and Services Tax (GST) provision requiring a 10% penalty as pre-deposit for appeals cannot be applied to past cases. This means taxpayers appealing GST orders issued before the amendment's effective date may not need to pay this upfront penalty to file their appeal.
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