![Writ Jurisdiction cannot be entertained If there is Alternative Remedy: Delhi HC refuses to quash Re-Assessment Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Writ-Jurisdiction-Alternative-Remedy-Delhi-HC-Re-Assessment-Order-Taxscan.jpg "Writ Jurisdiction cannot be entertained If there is Alternative Remedy: Delhi HC refuses to quash Re-Assessment Order [Read Order]")
Writ Jurisdiction cannot be entertained If there is Alternative Remedy: Delhi HC refuses to quash Re-Assessment Order [Read Order]
The Delhi High Court has refused to quash a re-assessment order on the ground that there was no violation of natural justice and the writ...
![Outstanding Balances cannot be treated as Bogus when Payment made through Banking Channels: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Outstanding-Balance-Bogus-Payment-Banking-Channels-taxscan.jpg "Outstanding Balances cannot be treated as Bogus when Payment made through Banking Channels: ITAT [Read Order]")
![Deemed Rent not applicable to Property that is ‘Stock-in-Trade’: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Deemed-Rent-Property-Stock-in-Trade-ITAT-taxscan.jpeg "Deemed Rent not applicable to Property that is ‘Stock-in-Trade’: ITAT [Read Order]")
![Provident Fund dues Paid after Due Date under Statute but before Filing ITR Deductible from Business Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Provident-Fund-dues-Due-Date-ITR-Business-Income-ITAT-taxscan.jpeg "Provident Fund dues Paid after Due Date under Statute but before Filing ITR Deductible from Business Income: ITAT [Read Order]")
![Right to Receive Builtup Area under JDA; ITAT directs AO to Examine Entire Gain has to be considered as Long-Term Capital Gain [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/JDA-ITAT-AO-Long-Term-Capital-Gain-Taxscan.jpg "Right to Receive Builtup Area under JDA; ITAT directs AO to Examine Entire Gain has to be considered as Long-Term Capital Gain [Read Order]")
Income Tax Penalty cannot be imposed for Claim of Expenditure due to Wrong Professional Advice: ITAT
The Bangalore bench of the Income Tax Appellate Tribunal (ITAT) has held that the income tax penalty under section 271(1) of the Income Tax Act, 1961 cannot be imposed for the claim of expenditure...
Order passed within Two Days of filing of Objections by Assessee: Delhi HC quashes Assessment Order not complied with S. 144B [Read Order]
A division bench of the Delhi High Court consists of Mr. Justice Manmohan and Mr. Justice Dinesh Kumar Sharma has quashed an assessment order for not complying with the provisions of section 144B of...
![Order passed within Two Days of filing of Objections by Assessee: Delhi HC quashes Assessment Order not complied with S. 144B [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/04/Order-passed-Days-of-filing-of-Objections-Assessee-Delhi-High-Court-quashes-Assessment-Order-Taxscan.jpg "Order passed within Two Days of filing of Objections by Assessee: Delhi HC quashes Assessment Order not complied with S. 144B [Read Order]")
Income Tax Law does not prohibit Assessing Officer to go beyond the Reasons based on which Re-Assessment Initiated: ITAT [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) has held that there is no prohibition under the law that the Assessing Officer is required to confine assessment on the issue for which...
![Income Tax Law does not prohibit Assessing Officer to go beyond the Reasons based on which Re-Assessment Initiated: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/04/Income-Tax-Law-Assessing-Officer-Re-Assessment-ITAT-Assessement-Taxscan.jpeg "Income Tax Law does not prohibit Assessing Officer to go beyond the Reasons based on which Re-Assessment Initiated: ITAT [Read Order]")
Data retrieved from Pen Drive can’t be sole Evidence for Re-Assessment without Certificate of Person-in-Possession as per Evidence Act: ITAT [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) has held that the data retrieved from the pen drive seized during the search cannot be a sole basis for re-assessment under section...
![Data retrieved from Pen Drive can’t be sole Evidence for Re-Assessment without Certificate of Person-in-Possession as per Evidence Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/04/Data-retrieved-Pen-Drive-sole-Evidence-Re-Assessment-Certificate-of-Person-in-Possession-Evidence-Act-ITAT-Taxscan.jpeg "Data retrieved from Pen Drive can’t be sole Evidence for Re-Assessment without Certificate of Person-in-Possession as per Evidence Act: ITAT [Read Order]")
ITAT quashes S. 153C Proceedings since Documents relied on was neither belong to Assessee nor were ‘Incriminating’ [Read Order]
The Ahmedabad bench of the Income Tax Appellate Tribunal (ITAT) has deleted an assessment order passed under section 153C of the Income Tax Act, 1961 by holding that the document relied on by the...
![ITAT quashes S. 153C Proceedings since Documents relied on was neither belong to Assessee nor were ‘Incriminating’ [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/04/ITAT-Assessee-taxscan.jpg "ITAT quashes S. 153C Proceedings since Documents relied on was neither belong to Assessee nor were ‘Incriminating’ [Read Order]")