![Reassessment Proceedings of already concluded Reassessment: Delhi HC quashes order passed u/s 148(A)(d) of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/Reassessment-Proceedings-Reassessment-Delhi-HC-order-Income-Tax-Act-taxscan.jpg "Reassessment Proceedings of already concluded Reassessment: Delhi HC quashes order passed u/s 148(A)(d) of Income Tax Act [Read Order]")
Reassessment Proceedings of already concluded Reassessment: Delhi HC quashes order passed u/s 148(A)(d) of Income Tax Act [Read Order]
In a significant case, the Delhi High Court quashed the order passed under Section 148(A)(d) of Income Tax Act and observed that the reassessment...
![Appeal Pending against Assessment Order passed under Income Tax Act: Kerala HC orders Demands to be Stayed until Disposal of Stay Petition [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/Appeal-Pending-Assessment-Order-Income-Tax-Act-Kerala-HC-Demands-Stayed-until-Disposal-Stay-Petition-taxscan.jpg "Appeal Pending against Assessment Order passed under Income Tax Act: Kerala HC orders Demands to be Stayed until Disposal of Stay Petition [Read Order]")
![Kerala HC quashes Assessment Order under GST Act for not following Procedure for Compounding Scheme [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/Kerala-HC-Assessment-Order-GST-Act-Procedure-for-Compounding-Scheme-TAXSCAN.jpg "Kerala HC quashes Assessment Order under GST Act for not following Procedure for Compounding Scheme [Read Order]")
![Assessing Authority Adjudicating Issue Afresh on Remand from Appellate Authority, cannot ignore Time Limit under Income Tax Act: Kerala HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/Assessing-Authority-Adjudicating-Issue-Afresh-Remand-from-Appellate-Authority-ignore-Time-Limit-Income-Tax-Act-Kerala-HC-taxscan.jpg "Assessing Authority Adjudicating Issue Afresh on Remand from Appellate Authority, cannot ignore Time Limit under Income Tax Act: Kerala HC [Read Order]")
![Relief to AIFACS: SC dismisses SLP filed by Income Tax Dept on Non-Explanation of Gross Delay [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/AIFACS-SC-SLP-Income-Tax-Dept-Non-Explanation-of-Gross-Delay-TAXSCAN.jpg "Relief to AIFACS: SC dismisses SLP filed by Income Tax Dept on Non-Explanation of Gross Delay [Read Order]")
Submission of Forms 3BB, 49C, 61A, 10BD, 10BE Nearing: Remember these Income Tax Due Dates of May 2024
Below is the detailed Income Tax compliance schedule for May 2024. Adhering to these deadlines is essential to avoid penalties. Understanding and abiding to the specified income tax due dates are...
![Delay of 726 Days not properly explained: ITAT dismisses Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/ITAT-Chennai-ITAT-Income-tax-Time-barred-appeal-Income-tax-news-taxscan.jpg "Delay of 726 Days not properly explained: ITAT dismisses Appeal [Read Order]")
Failure to Prove Genuineness of Share Purchase Transaction Claim and Creditworthiness of Invested Company: ITAT dismisses Appeal [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal ( ITAT ) dismissed the appeal due to the failure to prove the genuineness of the share purchase transaction claim and the creditworthiness of the...
![Failure to Prove Genuineness of Share Purchase Transaction Claim and Creditworthiness of Invested Company: ITAT dismisses Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/Genuineness-Share-Purchase-Transaction-Claim-Creditworthiness-of-Invested-Company-ITAT-dismisses-Appeal-TAXSCAN.jpg "Failure to Prove Genuineness of Share Purchase Transaction Claim and Creditworthiness of Invested Company: ITAT dismisses Appeal [Read Order]")
Department of Inland Revenue Sri Lanka Certifies Assessee’s Gross Remuneration: ITAT directs AO to allow TDS Credit and Self-Assessment Tax [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal ( ITAT )Â has directed the Assessing Officer to allow Tax Deducted at Source ( TDS ) credit and self-assessment tax, as the Department of Inland...
![Department of Inland Revenue Sri Lanka Certifies Assessee’s Gross Remuneration: ITAT directs AO to allow TDS Credit and Self-Assessment Tax [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/Department-Inland-Revenue-Sri-Lanka-Certifies-Gross-Remuneration-ITAT-AO-TDS-Credit-Self-Assessment-Tax-TAXSCAN.jpg "Department of Inland Revenue Sri Lanka Certifies Assessee’s Gross Remuneration: ITAT directs AO to allow TDS Credit and Self-Assessment Tax [Read Order]")
![Opportunity to be Heard Denied:Â ITAT deletes addition u/s 68 of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/ITAT-ITAT-Delhi-Income-Tax-Section-68-of-Income-Tax-Act-taxscan.jpg "Opportunity to be Heard Denied:Â ITAT deletes addition u/s 68 of Income Tax Act [Read Order]")
Tax Treaty Benefit Not Denied merely on Ground of Mobile Number Provided in ITR showed Fraud in True caller: ITAT [Read Order]
In a recent ruling the Mumbai bench of the Income Tax Appellate Tribunal ( ITAT ) ruled that tax treaty benefits cannot be denied solely based on the mobile number provided in the Income Tax Return (...
![Tax Treaty Benefit Not Denied merely on Ground of Mobile Number Provided in ITR showed Fraud in True caller: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/Tax-Treaty-Benefit-Denied-merely-Ground-of-Mobile-Number-Provided-ITR-showed-Fraud-True-caller-ITAT-taxscan.jpg "Tax Treaty Benefit Not Denied merely on Ground of Mobile Number Provided in ITR showed Fraud in True caller: ITAT [Read Order]")
ITAT allows Deduction to Union Bank of India u/s 80P (2)(a)(i) for Dividends from Co-operative Bank Shares [Read Order]
The Chennai bench of the Income Tax Appellate Tribunal ( ITAT ) has allowed Union Bank of India to claim deduction under Section 80P (2) (a) (i) for dividends received from cooperative bank shares. ...
![ITAT allows Deduction to Union Bank of India u/s 80P (2)(a)(i) for Dividends from Co-operative Bank Shares [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/ITAT-Union-Bank-of-India-us-80P-2ai-Dividends-Co-operative-Bank-Shares-TAXSCAN-1.jpg "ITAT allows Deduction to Union Bank of India u/s 80P (2)(a)(i) for Dividends from Co-operative Bank Shares [Read Order]")