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Reassessment Proceedings Can't Be Initiated On Same Set Of Facts Available: ITAT

The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has held that the reassessment proceedings cannot be initiated by applying a fresh application of mind to the same set of f...

Assessee To Be Given Minimum 7 Days Time To Respond To The Reassessment Notice: Meghalaya High Court

The Meghalaya High Court bench of Chief Justice Sanjib Banerjee and Justice W. Diengdoh has held that the assessee should be given a minimum of 7 days' time to respond to the reassessment notice.The ...

TCS Collected Under Income Tax Act On Sale Of Goods Cannot Be Included In The Assessable Value For Charging Excise Duty: Ahmedabad CESTAT

Tax Cases Weekly Round-Up: 19 June To 25 June, 2022

Deliberately Concealing The Income, Assessee Can Be Prosecuted : Madras High Court

Income Tax Penalty Can't Be Imposed For Inadvertent And Bonafide Mistake : ITAT

Section 41 Disallowance Can Only Be Made With Cogent Evidence Of Cessation Of Liability: ITAT Remands The Matter Back To AO

ITAT Upholds Addition On Account Of Manipulation And Rigging Of Shares Via Penny Stock Company

Notice Didn't Contain Categorical Indication Of Furnishing Inaccurate Particulars Or Concealment Of Particular Income: ITAT Quashes Penalty Proceedings

Other Income Tax Additions In Reassessment Proceedings Cannot Be Sustained If Addition on Primary Grounds Is Not Made: ITAT

Right To File Objection To SCN Can't Be Denied Due To One Day Delay: Delhi High Court

Tax Cases Weekly Round-Up: 12 June To 18 June, 2022

Period Of Limitation Under S.153 Of Income Tax Act Applies To Remand Proceedings : Madras HC

Delhi High Court Quashes Assessment Order For Not Giving Opportunity To File Objection To SCN

Appeal Filed By A Struck Off Company Against The Revenue Department Is Maintainable: ITAT Delhi

Non-Service Of Notice On Assessee: ITAT Quashes Reassessment Order

Definition Of 'Resident' Under Income Tax Act Designed For Including Persons In Tax Net, Not For Determining Citizenship: Rajasthan High Court

Notice For Reopening Of Assessment Against Dead Person Is Invalid: ITAT Quashes Re-Assessment Order

Underreporting Of Income Due To Re-Computation Of Disallowance By The AO, Does Not Amount To Misreporting Of Income: Delhi High Court

Subsidy Received From The Government In The Form Of Refund Of VAT And CST, To Encourage Industrial Growth, Is A Capital Receipt: Pune ITAT