![Assessing Officer cannot Estimate Income If the Books of Accounts are Correct: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/02/Assessing-Officer-Taxscan.jpg "Assessing Officer cannot Estimate Income If the Books of Accounts are Correct: ITAT [Read Order]")
Assessing Officer cannot Estimate Income If the Books of Accounts are Correct: ITAT [Read Order]
In the case of ACIT vs. Balajee Structural (India) Pvt.Ltd, Raipur bench of ITAT held that Assessing Officer (AO) cannot estimate income if the books...
![It is the Burden of the Assessing Officer to prove that Assessee Escaped Income for invoking Sec 147: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/01/Assessing-Officer-ITAT-Taxscan.jpg "It is the Burden of the Assessing Officer to prove that Assessee Escaped Income for invoking Sec 147: ITAT [Read Order]")
![ITAT Quashes Re-Assessment since Service of Notice by Affixture was done at a Wrong Address [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/01/Re-Assessment-Taxscan.jpg "ITAT Quashes Re-Assessment since Service of Notice by Affixture was done at a Wrong Address [Read Order]")
![Assessing Officer can’t be Compelled to Follow the Directions of Enforcement Authority: Madras HC Quashes Assessment [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/12/Essar-Steel-Taxscan.jpg "Assessing Officer can’t be Compelled to Follow the Directions of Enforcement Authority: Madras HC Quashes Assessment [Read Order]")
Assessing Officer can’t pass an Ex Parte order without Mentioning any reason for Confirming Addition on Merits: ITAT [Read Order]
The Income Tax Appellate Tribunal Kolkata bench recently pronounced that Assessing Officer cannot pass an ex parte order without mentioning any reason for confirming the addition on merits under the...
![Assessing Officer can’t pass an Ex Parte order without Mentioning any reason for Confirming Addition on Merits: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/09/Assessing-officer-Tax-Scan.jpg "Assessing Officer can’t pass an Ex Parte order without Mentioning any reason for Confirming Addition on Merits: ITAT [Read Order]")
AO is bound to Pass Draft Order before passing a Final Assessment Order after the Remand Proceedings: Delhi HC [Read Order]
A division bench of the Delhi High Court, in JCB India Ltd v. DCIT, held that the Assessing Officer cannot pass a Final Assessment Order after the Remand Proceedings without Draft Order under section...
Act of Superior Officers Approving AO’s Mistake Amounts to Non-Application of Mind: Delhi HC Quashes Re-assessment [Read Judgment]
While quashing re-assessment proceedings under section 148 of the Income Tax Act, 1961, Justices S Muralidhar and Prathiba M singh had held that when AO committed a mistake and under 151, ADIT and DIT...
![Act of Superior Officers Approving AO’s Mistake Amounts to Non-Application of Mind: Delhi HC Quashes Re-assessment [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/08/Assessing-Officer.jpg "Act of Superior Officers Approving AO’s Mistake Amounts to Non-Application of Mind: Delhi HC Quashes Re-assessment [Read Judgment]")
Assessing Officer cannot dispute Computation u/s 115JB through Rectification: ITAT Chandigarh [Read Order]
The ITAT, Chandigarh, in the case of City Clinic Pvt Ltd v. ACIT, held that the Assessing Officer (AO) cannot dispute computation u/s 115JB through rectification under Section 154 of the Income Tax...
AO cannot Make Addition for Investment in Stock Out of Undisclosed Sources if he does not Rejected the Books of Accounts: Allahabad HC
The division bench of the Allahabad High Court, in CIT & Anr v. M/S Pashupati Nath Agro Food Products Pvt. Ltd. Hardoi, observed that if the Assessing Officer (AO) has not rejected the books of...
Assessing Officer cannot Extend Time Limit for Submission of Special Audit Report beyond 180 Days: Delhi HC [Read Order]
In Principal CIT v. Jindal Dyechem Industries Pvt. Ltd, the Delhi High Court held that the Assessing Officer (AO), under section 142(2C) of the Income Tax Act, has no power to extend time for...