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![Notice issued u/s 148 of Income Tax Act Wholly without Jurisdiction and Bad in law: ITAT quashes Reopening of Assessment [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/ITAT-mumbai-Income-Tax-Act-Section-148-of-the-Income-Tax-Act-taxscan.jpg "Notice issued u/s 148 of Income Tax Act Wholly without Jurisdiction and Bad in law: ITAT quashes Reopening of Assessment [Read Order]")
Notice issued u/s 148 of Income Tax Act Wholly without Jurisdiction and Bad in law: ITAT quashes Reopening of Assessment [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal ( ITAT ) has quashed the reopening of assessment, ruling that the notice issued under Section...
![ITAT deletes disallowance of Long Term Capital Loss incurred on Sale of Share of private company to initial promoters [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/ITAT-disallowance-Long-Term-Capital-Sale-of-Share-Capital-Loss-ITAT-Delhi-taxscan.jpg "ITAT deletes disallowance of Long Term Capital Loss incurred on Sale of Share of private company to initial promoters [Read Order]")
![ITAT upholds Disallowance on Account of Failure to prove Long Term Capital Loss arises from Sale of Share Of Company [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/ITAT-disallowance-account-Failure-prove-Long-Term-Capital-Loss-Sale-Share-Company-taxscan.jpg "ITAT upholds Disallowance on Account of Failure to prove Long Term Capital Loss arises from Sale of Share Of Company [Read Order]")
![Share Application Money is ‘Capital Asset’ for the purpose of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/12/ITAT-Mumbai-Share-Application-Money-Capital-Asset-Income-Tax-Act-ITAT-Taxscan-1.jpg "Share Application Money is ‘Capital Asset’ for the purpose of Income Tax Act: ITAT [Read Order]")