Where additional income was disclosed by assessee without there being any incriminating material found during the search, penalty levied under section 271AAB would not be sustainable. ... Read more..

Where AO did not dispute the sales made by assessee, only profit element embedded in bogus purchases would be added. ... Read more..

Where AO made addition to the extent of only 3% on bogus purchases for assessee in different years, there was no reason to make 100% addition on alleged bogus purchases in the year under consideration ... Read more..

Where assessee was not given reasonable opportunity of personal hearing before passing of assessment order, the said order was liable to be set aside. ... Read more..

Where assessee neither availed opportunity of hearing nor filed any application for giving a further date for hearing, writ petition filed against order passed under section 74 was liable to be dismis ... Read more..

Where department cancelled assessees GST registration due to non-filing of returns for a continuous period of 6 months, however, the assessee was willing to file returns and to pay tax dues, interest, ... Read more..

Official liquidator filed an application for dissolution of company in liquidation, as the company in liquidation had no further assets, either movable or immovable from which any money could be reali ... Read more..

Appellant and other parties were involved in bid rigging process in respect of tender for soil sample testing, which was in violation of section 3, therefore, CCI rightly imposed penalty upon them, bu ... Read more..

Complainant failed to establish that spreading of false misinformation in respect of rates of scrap material was result of cartelisation as there were multiple buyers and sellers in market and price o ... Read more..