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![Notice u/s 148 of Income Tax Act lacks record of ‘reasons to believe’ for initiating Proceedings: ITAT quashes Re-assessment Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Income-Tax-Act-reasons-to-believe-proceedings-ITAT-Re-assessment-Order-taxscan.jpg "Notice u/s 148 of Income Tax Act lacks record of ‘reasons to believe’ for initiating Proceedings: ITAT quashes Re-assessment Order [Read Order]")
Notice u/s 148 of Income Tax Act lacks record of ‘reasons to believe’ for initiating Proceedings: ITAT quashes Re-assessment Order [Read Order]
“Since the jurisdictional issue has been held in favour of the assessee, holding assessment order as not sustainable”, stated the Kolkata bench of...
![Existence of a predicate offence for initiation of proceedings under the PML Act is not a condition precedent to initiate proceedings: Karnataka High Court [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/12/predicate-offence-initiation-of-proceedings-PML-Act-initiate-proceedings-Madras-High-Court-Taxscan.jpg "Existence of a predicate offence for initiation of proceedings under the PML Act is not a condition precedent to initiate proceedings: Karnataka High Court [Read Order]")