Read all Latest Updates on and about Section 148 of the Income Tax Act

Top

Begin typing your search above and press return to search.

Home
»
Section 148 of the...

Time-Barred Income Tax Notice u/s 148 over Investment Scheme: ITAT quashes Reassessment [Read Order ]

Advika Dwivedi

The bench of the Income Tax Appellate Tribunal, Mumbai, has held that the reassessment notice issued under Section 148 of the Income Tax Act, 1961...

Jurisdiction of S. 148 Challenged: HP HC Refuses to Interfere as Similar Matters Pending Before SC,...

Delhi HC Quashed Reassessment as AO’s 95%-5% Revenue Split Dispute Found Unjustified: Supreme Court...

AO cannot Issue Notice to Reopen Income Tax Assessment after 3 Years Without Pr. CCIT Approval: ITAT...

Courts Cannot Review if AO has Enough Material to Reopen Assessment: Delhi HC [Read Order]

Alleged Bogus Sales and Commission Addition u/s 68 & 69C: ITAT Upholds CIT(A) Deletion after Assessing Evidence [Read Order]

The Kolkata Bench of Income Tax Appellate Tribunal (ITAT) upheld the deletion of alleged bogus sales and commission additions under section 68 and 69C of Income Tax Act,1961 by the Commissioner of...

Reopening Assessments based only on Survey Material without Tangible Evidence of PE in India is not Valid: Delhi HC [Read Order]

In a recent ruling, the Delhi High Court held that the reopening of assessments based only on survey material, without any tangible evidence establishing the existence of a permanent establishment...

Reassessment based on Incorrect Facts not Valid: ITAT Quashes Notice u/s 148 [Read Order]

The Chandigarh Bench of the Income Tax Appellate Tribunal ( ITAT ) quashed the reassessment notice issued under Section 148 of the Income Tax Act, 1961, and deleting an addition of Rs. 16,15,47,810...

Income Tax Dept Cannot Issue Notice in Name of Deceased When Earlier Court Order Recognised Legal Heir: Calcutta HC [Read Order]

In a recent decision, the Calcutta High Court held that the Income Tax Department cannot issue a notice in the name of a deceased person when the legal heir has already come forward and been ...

"Order Without Any Reasons Is No Order in the Eyes of Law": Himachal Pradesh HC Quashes Reassessment Notice [Read Order]

In a recent ruling, the Himachal Pradesh High Court held that an order passed without giving reasons cannot be sustained in law. The court ruled that such an order is not valid and cannot be used to...

Salaried Taxpayer Wins ₹1.46 Lakh Income Tax Penalty Case Despite Misreporting: Here’s How [Read Order]

In a recent ruling, the Pune Bench of the Income Tax Appellate Tribunal (ITAT) provided relief to a salaried taxpayer who was wrongly penalised for underreporting income. The tribunal cancelled a ...

“Time Is to Be Calculated by the Calendar, Not the Clock”: Jharkhand HC Slams Income Tax Dept for Ignoring Timely Reply [Read Order]

In a recent ruling, the Jharkhand High Court held that a taxpayer’s reply submitted on the last permitted date must be considered by the Income Tax Department, and that deadlines should be counted ...