![Order Freezing Bank Accounts not to Remain in Force Sixty Days from Date of Order under Sub-Section (8-A) to Section 132 of Income Tax Act: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/Delhi-high-court-freezing-of-bank-accounts-Income-tax-acts-Section-132-TAXSCAN.jpg "Order Freezing Bank Accounts not to Remain in Force Sixty Days from Date of Order under Sub-Section (8-A) to Section 132 of Income Tax Act: Delhi HC [Read Order]")
Order Freezing Bank Accounts not to Remain in Force Sixty Days from Date of Order under Sub-Section (8-A) to Section 132 of Income Tax Act: Delhi HC [Read Order]
The Delhi High Court observed that the order freezing bank accounts not to remain in force for more than sixty days from date of order under...
![Case Transfer to another AO not Permissible without Decentralization order u/s 127 of Income Tax Act on Centralization of Case: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/Delhi-High-Court-127-of-Income-Tax-Act-on-Centralization-of-Case-ncome-Tax-Tax-news-taxscan.jpg "Case Transfer to another AO not Permissible without Decentralization order u/s 127 of Income Tax Act on Centralization of Case: Delhi HC [Read Order]")
![Recording of Satisfaction by AO before Initiating Section 153C proceedings: Delhi HC dismisses Writ Petition [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/Delhi-High-Court-income-tax-tax-news-taxscan.jpg "Recording of Satisfaction by AO before Initiating Section 153C proceedings: Delhi HC dismisses Writ Petition [Read Order]")
Ratification application under section154 of cannot be termed as Time-Barred If Taxpayer Responded to Notice issued under Act: ITAT [Read Order]
The Ahmedabad bench of the Income Tax Appellate Tribunal ( ITAT ) observed that ratification application under section 154 of the Income Tax Act,1961 cannot be termed as time-barred if the taxpayer...
![Ratification application under section154 of cannot be termed as Time-Barred If Taxpayer Responded to Notice issued under Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/Ratification-application-section154-of-Time-Barred-If-Taxpayer-Responded-to-Notice-issued-under-Act-ITAT-TAXSCAN.jpg "Ratification application under section154 of cannot be termed as Time-Barred If Taxpayer Responded to Notice issued under Act: ITAT [Read Order]")
Karnataka HC quashes FIR registered under Prevention of Corruption Act without verifying ITR [Read Order]
In a recent case, the Karnataka High Court quashed an FIR registered under Prevention of Corruption Act, 2002 without verifying the Income Tax Return ( ITR ). Petitioner Channakeshava.H.D is an...
![Karnataka HC quashes FIR registered under Prevention of Corruption Act without verifying ITR [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/Karnataka-high-court-karnataka-hc-Quashed-fir-reports-FIR-fir-registration-procedure-Taxscan.jpg "Karnataka HC quashes FIR registered under Prevention of Corruption Act without verifying ITR [Read Order]")
Proceedings against deceased Unsustainable: Madras HC Sets Aside Order Citing Timely Intimation of Death to Income Tax Officer [Read Order]
The Madras High Court has set aside an assessment order and consequential penalty proceedings initiated under the Income Tax Act, 1961 by the Income Tax Department against a deceased individual...
![Proceedings against deceased Unsustainable: Madras HC Sets Aside Order Citing Timely Intimation of Death to Income Tax Officer [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/Madras-High-Court-Income-Tax-penalty-Income-Tax-Income-Tax-penalty-proceedings-taxscan.jpg "Proceedings against deceased Unsustainable: Madras HC Sets Aside Order Citing Timely Intimation of Death to Income Tax Officer [Read Order]")
Inadequate Response to Notices Rendering Insufficient Evidence for Order; Madras High Court Remitted Matter Seeking Proper Reply to SCN [Read Order]
The Madurai Bench of the Madras High Court has remitted a matter back to the Assistant Commissioner of Income Tax citing inadequate response to the Notices rendering lack of Evidence for order. The...
![Inadequate Response to Notices Rendering Insufficient Evidence for Order; Madras High Court Remitted Matter Seeking Proper Reply to SCN [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/Madras-High-Court-Income-Tax-SCN-Show-Cause-Notice-taxscan.jpg "Inadequate Response to Notices Rendering Insufficient Evidence for Order; Madras High Court Remitted Matter Seeking Proper Reply to SCN [Read Order]")
ITAT directs Readjudication for determining Municipal Rateable Value of Flats held as Stock in Trade [Read Order]
The Two member bench of Mumbai Income Tax Appellate Tribunal ( ITAT ) directs readjudication for determining the municipal rateable value of the flats held as stock in trade The Assessee, La...
![ITAT directs Readjudication for determining Municipal Rateable Value of Flats held as Stock in Trade [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/ITAT-Mumbai-readjudication-ITAT-Updating-taxscan.jpg "ITAT directs Readjudication for determining Municipal Rateable Value of Flats held as Stock in Trade [Read Order]")
Transaction of Deposit by Assessee Company were Genuine: ITAT deletes Unexplained Credits u/s 68 of Income Tax Act [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal ( ITAT ) deleted unexplained credits under Section 68 of the Income Tax Act, 1961, as it found the deposit transactions by the Assessee Company to...
![Transaction of Deposit by Assessee Company were Genuine: ITAT deletes Unexplained Credits u/s 68 of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/ITAT-Income-Tax-Act-ITAT-Delhi-income-tax-news-tax-news-taxscan.jpg "Transaction of Deposit by Assessee Company were Genuine: ITAT deletes Unexplained Credits u/s 68 of Income Tax Act [Read Order]")