![Absence of Generated DIN in Notice of demand u/s 156 of Income Tax Act: ITAT quashes assessment order and Notice demand [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/DIN-Notice-of-demand-Income-Tax-Act-ITAT-taxscan.jpg "Absence of Generated DIN in Notice of demand u/s 156 of Income Tax Act: ITAT quashes assessment order and Notice demand [Read Order]")
Absence of Generated DIN in Notice of demand u/s 156 of Income Tax Act: ITAT quashes assessment order and Notice demand [Read Order]
In a major ruling, The Income Tax Appellate Tribunal (ITAT) quashed the assessment order and notice of demand under Section 156 of the Income Tax...
![Delhi Dept of Trade and Taxes releases Instruction for Rectification of Assessment Orders with Errors Apparent on the Face of Record u/s 161 of Delhi GST Act [Read Instruction]](https://www.taxscan.in/wp-content/uploads/2024/03/Delhi-Dept-of-Trade-and-Taxes-Rectification-of-Assessment-Orders-Errors-Apparent-Face-of-Record-Delhi-GST-Act-taxscan.jpg "Delhi Dept of Trade and Taxes releases Instruction for Rectification of Assessment Orders with Errors Apparent on the Face of Record u/s 161 of Delhi GST Act [Read Instruction]")
![Stamp Value on Date of Agreement on Sale of Property to be considered for Applicability of Section 56(2)(vii)(b) of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/ITAT-ITAT-Delhi-Income-Tax-Stamp-Value-TAXSCAN.jpg "Stamp Value on Date of Agreement on Sale of Property to be considered for Applicability of Section 56(2)(vii)(b) of Income Tax Act: ITAT [Read Order]")
![ITAT deletes Additions made on account of Salary Payment in Cash without having any Documents [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/ITAT-ITAT-Delhi-Income-Tax-Salary-payment-in-cash-legality-Documented-salary-payments-taxscan.jpg "ITAT deletes Additions made on account of Salary Payment in Cash without having any Documents [Read Order]")
![Deduction of TDS by Donor on Grants does not Disentitle NGO from exemption u/s 11 of Income Tax Act: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/02/Delhi-High-Court-TDS-Deduction-of-TDS-Income-Tax-NGO-taxscan.png "Deduction of TDS by Donor on Grants does not Disentitle NGO from exemption u/s 11 of Income Tax Act: Delhi HC [Read Order]")
No Corroborative Evidence of Formation of Paper/Shell Entities for Accommodation Entries: ICAI finds CA not guilty of Professional Misconduct
The Institute of Chartered Accountants of India ( ICAI ) observed that the allegation of the formation of paper/shell entities for providing pre-arranged accommodation entries without corroborative...
No bar for Assessing Authority to issue more than one notice under Income Tax Act: Kerala HC [Read Order]
The Kerala High Court ruled that there is no bar for assessing authority to issue more than one notice under Income Tax Act, 1961. Earlier, the petitioner had approached the High Court against the...
![No bar for Assessing Authority to issue more than one notice under Income Tax Act: Kerala HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/02/Income-Tax-Kerala-High-Court-Assessing-Authority-taxscan.jpg "No bar for Assessing Authority to issue more than one notice under Income Tax Act: Kerala HC [Read Order]")
Gujarat HC dismisses Writ Petition as on Failure to Prove no Satisfaction Note recorded by AO prior to Issuance of Notice u/s 153C of Income Tax Act [Read Order]
The Gujarat High Court dismissed a writ petition as on failure to prove no satisfaction note recorded by the Assessing Officer ( AO ) prior to issuance of notice under Section 153C of the Income Tax...
![Gujarat HC dismisses Writ Petition as on Failure to Prove no Satisfaction Note recorded by AO prior to Issuance of Notice u/s 153C of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/02/Gujarat-High-Court-Writ-Petition-Income-Tax-Satisfaction-Note-Failure-to-Prove-taxscan.jpg "Gujarat HC dismisses Writ Petition as on Failure to Prove no Satisfaction Note recorded by AO prior to Issuance of Notice u/s 153C of Income Tax Act [Read Order]")
![Profit Element in Unexplained Sales is to be treated under undisclosed Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/02/ITAT-ITAT-Rajkot-Income-Tax-Unexplained-Sales-TAXSCAN.jpg "Profit Element in Unexplained Sales is to be treated under undisclosed Income: ITAT [Read Order]")
AO cannot Re-open Assessment to Remedy Error Resulting from Oversight in Assessment Proceeding: Bombay HC [Read Order]
In a recent decision, the Bombay High Court observed that the Assessing Officer ( AO ) cannot re-open assessment to remedy error resulting from oversight in assessment proceeding. The petitioner...
No Enquiries made AO in Respect of genuineness of Receipts of donation issued to Political party for Confirming Deduction Claimed u/s 80GGC of IT Act: ITAT Upholds Revision Order [Read Order]
The Ahmedabad bench of Income Tax Appellate Tribunal ( ITAT ), upheld the revision order and held that no enquiries was made by AO in respect of genuineness of receipts of the donation...
![No Enquiries made AO in Respect of genuineness of Receipts of donation issued to Political party for Confirming Deduction Claimed u/s 80GGC of IT Act: ITAT Upholds Revision Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/02/ITAT-Ahmedabad-Income-Tax-receipts-of-donation-taxscan.jpg "No Enquiries made AO in Respect of genuineness of Receipts of donation issued to Political party for Confirming Deduction Claimed u/s 80GGC of IT Act: ITAT Upholds Revision Order [Read Order]")