![AO has No Jurisdiction to issue notice u/s 148 without recording valid satisfaction: Allahabad HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/AO-jurisdiction-Allahabad-HC-taxscan.jpeg "AO has No Jurisdiction to issue notice u/s 148 without recording valid satisfaction: Allahabad HC [Read Order]")
AO has No Jurisdiction to issue notice u/s 148 without recording valid satisfaction: Allahabad HC [Read Order]
A Division Bench of the High Court of Allahabad held that Assessing Officer (AO) has no jurisdiction to issue notice under Section 148 of Income Tax...
![Rectification proceedings cannot be invoked by AO in case of Debatable Issues: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/Rectification-proceedings-AO-Debatable-Issues-ITAT-taxscan.jpg "Rectification proceedings cannot be invoked by AO in case of Debatable Issues: ITAT [Read Order]")
![Assessing Officer fails to Cross Verify TDS details from Concerned Party: ITAT deletes Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/AO-TDS-ITAT-taxscan.jpeg "Assessing Officer fails to Cross Verify TDS details from Concerned Party: ITAT deletes Addition [Read Order]")
![Typographical Error in Share Valuation Report will not attract Addition: ITAT remits matter back to AO [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Typographical-error-Share-valuation-report-ITAT-AO-taxscan.jpeg "Typographical Error in Share Valuation Report will not attract Addition: ITAT remits matter back to AO [Read Order]")
![Primary Addition to Income by AO was deleted on Appeal, No Correction of Arithmetical mistake by invoking sec 263 Survive: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Primary-Addition-Income-AO-Arithmetical-mistake-ITAT-Taxscan.jpeg "Primary Addition to Income by AO was deleted on Appeal, No Correction of Arithmetical mistake by invoking sec 263 Survive: ITAT [Read Order]")
Stay Application shall be decided balancing Convenience and Irreparable Injury: Delhi HC orders in favour of Toshiba [Read Order]
The Delhi High Court bench consisting of Justice Manmohan and Justice Manmeet Pritam Singh Arora held that while deciding stay application, Assessing Officer (AO) have to consider, prima facie case,...
![Stay Application shall be decided balancing Convenience and Irreparable Injury: Delhi HC orders in favour of Toshiba [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/AO-prima-facie-case-irreparable-injury-Delhi-HC-Toshiba-Taxscan.jpeg "Stay Application shall be decided balancing Convenience and Irreparable Injury: Delhi HC orders in favour of Toshiba [Read Order]")
![Jurisdiction u/s 263 can invoke only when an erroneous decision made by AO sustains: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Jurisdiction-erroneous-decision-AO-ITAT-Taxscan.jpg "Jurisdiction u/s 263 can invoke only when an erroneous decision made by AO sustains: ITAT [Read Order]")
ITAT confirms Order of AO where Assessee failed to produce Supporting Evidence on Claim of Unsecured Loans [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi bench consisting of Anil Chaturvedi, Accountant Member, and Kul Bharat, Judicial Member confirmed the order of AO where the assessee failed to produce...
![ITAT confirms Order of AO where Assessee failed to produce Supporting Evidence on Claim of Unsecured Loans [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/ITAT-order-AO-assessee-produce-supporting-evidence-claim-unsecured-loans-Taxscan.jpeg "ITAT confirms Order of AO where Assessee failed to produce Supporting Evidence on Claim of Unsecured Loans [Read Order]")
Sec 269T of Income Tax Act restricting Cash Transactions above Rs. 20,000 not applicable to Repayment of Loans: ITAT [Read Order]
The Pune bench of the Income Tax Appellate Tribunal (ITAT) comprising Shri R.S. Syal, Vice President and Shri Partha Sarathi Chaudhury, Judicial Member, has held that the provisions of section 269T...
![Sec 269T of Income Tax Act restricting Cash Transactions above Rs. 20,000 not applicable to Repayment of Loans: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Income-Tax-Act-Cash-Transactions-Repayment-of-Loans-ITAT-Taxscan.jpg "Sec 269T of Income Tax Act restricting Cash Transactions above Rs. 20,000 not applicable to Repayment of Loans: ITAT [Read Order]")
![ITAT quashes Penalty imposed by AO for Non-Compliance of Section 274 [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/ITAT-penalty-AO-Section-274-Taxscan.jpg "ITAT quashes Penalty imposed by AO for Non-Compliance of Section 274 [Read Order]")
CPC has No Jurisdiction of Prima-Facie Adjustment u/s 143(1) of Income Tax Act when there are Judicial Decisions favouring Assessee: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai bench has held that the Centralized Processing Centre has no jurisdiction to exercise the power under section 143(1) of the Income Tax Act, 1961 when...
![CPC has No Jurisdiction of Prima-Facie Adjustment u/s 143(1) of Income Tax Act when there are Judicial Decisions favouring Assessee: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/CPC-Jurisdiction-Prima-Facie-Adjustment-Income-Tax-Act-Assessee-ITAT-taxscan.jpg "CPC has No Jurisdiction of Prima-Facie Adjustment u/s 143(1) of Income Tax Act when there are Judicial Decisions favouring Assessee: ITAT [Read Order]")
AO cannot apply Wrong Method to Determine Profit in the Absence of Audited Financials of AE: ITAT [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has held that the AO cannot give benefit to the assessee for non-cooperation in providing audited financials of associated enterprises...
![AO cannot apply Wrong Method to Determine Profit in the Absence of Audited Financials of AE: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/AO-Wrong-Method-Determine-Profit-Absence-Audited-Financials-of-AE-ITAT-Taxscan.jpeg "AO cannot apply Wrong Method to Determine Profit in the Absence of Audited Financials of AE: ITAT [Read Order]")