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Income Tax Act

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New Income Tax Bill 2025: Concept Of Tax Year To Be Introduced Instead Of Assessment Year, Financial Year To Remain Unchanged

New Income Tax Bill 2025: Concept Of "Tax Year" To Be Introduced Instead Of "Assessment Year", "Financial Year" To Remain Unchanged

12 Feb 2025 3:05 PM IST

Money In Bank Account Is Property, Liable For Provisional Attachment U/S 281B Of Income Tax Act: Kerala High Court

Money In Bank Account Is 'Property', Liable For Provisional Attachment U/S 281B Of Income Tax Act: Kerala High Court

28 Jan 2025 6:00 PM IST

[Income Tax] Assessing Officer Not Only An Adjudicator But Also An Investigator, Cannot Remain Oblivious To Claim Without Enquiry: Kerala HC

[Income Tax] Assessing Officer Not Only An Adjudicator But Also An Investigator, Cannot Remain Oblivious To Claim Without Enquiry: Kerala HC

22 Jan 2025 3:11 PM IST

Delhi High Court Distinguishes From SCs Sky Light Judgment, Declines Assessment Issued In Wrong Name After Entitys Merger

Delhi High Court Distinguishes From SC's Sky Light Judgment, Declines Assessment Issued In Wrong Name After Entity's Merger

17 Jan 2025 6:20 PM IST

[S.151 IT Act] SC Judgment In Rajeev Bansal Doesnt Affirm Authority Of Joint Commissioner To Accord Approvals For Reassessment: Delhi HC

[S.151 IT Act] SC Judgment In Rajeev Bansal Doesn't Affirm Authority Of Joint Commissioner To Accord Approvals For Reassessment: Delhi HC

17 Jan 2025 12:20 PM IST

[S.115JB Income Tax Act] Delhi HC Rejects Depts Appeals Against Tata Powers Joint Venture With Delhi Govt For Supply Of Electricity

[S.115JB Income Tax Act] Delhi HC Rejects Dept's Appeals Against Tata Power's Joint Venture With Delhi Govt For Supply Of Electricity

17 Jan 2025 11:09 AM IST

S.149 IT Act | Additions Made During Reassessment Dont Validate Proceedings Initiated For Income Escapement Below ₹50 Lakh Threshold: Delhi HC

S.149 IT Act | Additions Made During Reassessment Don't Validate Proceedings Initiated For Income Escapement Below ₹50 Lakh Threshold: Delhi HC

16 Jan 2025 1:08 PM IST

Absence Of Formal Communication U/S 148A Of Income Tax Act Not Fatal When Opportunity To Question Reassessment Had Been Provided: Delhi HC

Absence Of Formal Communication U/S 148A Of Income Tax Act Not Fatal When Opportunity To Question Reassessment Had Been Provided: Delhi HC

16 Jan 2025 10:51 AM IST

[Income Tax] Allahabad HC To Examine Whether Proceedings U/S 148A(b) Initiated Prior To 01.09.2024 Would Be Saved After Enforcement Of The Finance (No.2) Act, 2024

[Income Tax] Allahabad HC To Examine Whether Proceedings U/S 148A(b) Initiated Prior To 01.09.2024 Would Be Saved After Enforcement Of The Finance (No.2) Act, 2024

14 Jan 2025 5:54 PM IST

If Assessee Produces Accounts, AO Must Be Satisfied That Accommodation Entries Exist Before Proceeding U/S 148 Of Income Tax Act: Delhi HC

If Assessee Produces Accounts, AO Must Be Satisfied That Accommodation Entries Exist Before Proceeding U/S 148 Of Income Tax Act: Delhi HC

14 Jan 2025 3:20 PM IST

Compounding Of Offences Allowed Under IT Act, HCs Inherent Jurisdiction U/S 482 CrPC Cannot Be Invoked For Quashing: Orissa HC

Compounding Of Offences Allowed Under IT Act, HC's Inherent Jurisdiction U/S 482 CrPC Cannot Be Invoked For Quashing: Orissa HC

13 Jan 2025 10:15 AM IST

Income Tax Act | Reassessment Notice To Merged Entity U/S 148A(d) Not Invalid Merely Because SCN Was Issued In Name Of Ceased Entity: Delhi HC

Income Tax Act | Reassessment Notice To Merged Entity U/S 148A(d) Not Invalid Merely Because SCN Was Issued In Name Of Ceased Entity: Delhi HC

11 Jan 2025 10:20 PM IST