![No Reopening of Assessment under Income Tax Act when Reasons cited was inspired from Change of Opinion of AO: Madras HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/Madras-high-court-Income-tax-Reopening-of-assessment-AO-opinion-in-reopening-of-assessment-Madras-High-Court-ruling-in-reopening-of-assessment-TAXSCAN.jpg "No Reopening of Assessment under Income Tax Act when Reasons cited was inspired from Change of Opinion of AO: Madras HC [Read Order]")
No Reopening of Assessment under Income Tax Act when Reasons cited was inspired from Change of Opinion of AO: Madras HC [Read Order]
In a recent decision the Madras High Court observed that no reopening of Assessment under Income Tax Act, 1961 can be made when the reasons cited was...
![Assessment order passed u/s 143(3) of Income Tax Act: ITAT remands matter to provide fair opportunity of hearing [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/Income-Tax-Act-ITAT-Mumbai-Assessment-order-Income-Tax-ITAT-decision-on-reassessment-opportunity-Assessment-procedure-under-Income-Tax-Act-ITAT-ruling-on-assessment-fairness-TAXSCAN.jpg "Assessment order passed u/s 143(3) of Income Tax Act: ITAT remands matter to provide fair opportunity of hearing [Read Order]")
![Interest Expenditure incurred on Capital allowable as Deduction u/s 24 of Income Tax Act, not part of Cost Acquisition: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/Income-Tax-act-ITAT-pune-Capital-allowance-and-income-tax-Interest-Expenditure-on-Capital-allowable-capital-allowable-as-deduction-Income-tax-deductions-Income-tax-Taxscan-1.jpg "Interest Expenditure incurred on Capital allowable as Deduction u/s 24 of Income Tax Act, not part of Cost Acquisition: ITAT [Read Order]")
![Delhi HC directs to process refund of Rs 8,35,184/- claims under Delhi VAT Act within a period of two weeks [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/Delhi-HC-Delhi-high-court-Delhi-VAT-Act-Delhi-High-Court-refund-order-Delhi-VAT-Act-refund-process-Delhi-High-Court-ruling-on-VAT-claims-taxscan.jpg "Delhi HC directs to process refund of Rs 8,35,184/- claims under Delhi VAT Act within a period of two weeks [Read Order]")
Ex Parte Assessment Order passed regarding Bogus Purchases: ITAT directs re adjudication [Read Order]
The Income Tax Appellate Tribunal (ITAT), Bangalore bench, directed readjudication on account of an ex parte assessment order regarding the bogus purchases. After filing the return of income, the...
![Ex Parte Assessment Order passed regarding Bogus Purchases: ITAT directs re adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/ITAT-ITAT-directs-readjudication-Assessment-Order-TAXSCAN.jpg "Ex Parte Assessment Order passed regarding Bogus Purchases: ITAT directs re adjudication [Read Order]")
![Assessment Order passed after thorough Scrutiny by AO: ITAT sets aside Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/ITAT-Chennai-Income-Tax-Appellate-Tribunal-Assessment-Order-ITAT-AO-Scrutiny-taxscan.jpg "Assessment Order passed after thorough Scrutiny by AO: ITAT sets aside Order [Read Order]")
Kerala HC urges Swift Action on Stay Petition after Income Tax Authorities denies Deduction and Imposes Penalty u/s 270A [Read Order]
In a recent case, the Kerala High Court made it clear that it prefers not to engage in parallel jurisdiction with the appellate authority to grant the interim order requested by the petitioner's...
![Kerala HC urges Swift Action on Stay Petition after Income Tax Authorities denies Deduction and Imposes Penalty u/s 270A [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/Kerala-HC-Kerala-high-court-Income-Tax-Income-Tax-Authorities-Income-Tax-penalty-Income-Tax-deduction-taxscan.jpg "Kerala HC urges Swift Action on Stay Petition after Income Tax Authorities denies Deduction and Imposes Penalty u/s 270A [Read Order]")
![Scrutiny Notices issued by Addl. CIT instead of AO under Central Charge is valid: Karnataka HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/Karnataka-High-Court-Commissioner-of-Income-Tax-TAXSCAN.jpg "Scrutiny Notices issued by Addl. CIT instead of AO under Central Charge is valid: Karnataka HC [Read Order]")
Belated filing of Form C declaration: Supreme Court issues notice in Revenue Special Leave Petition [Read Order]
A two judge bench of the Calcutta HC comprising Justice B.V. Nagarthna and Justice Augustine George Masih dismissed the Special Leave Petition filed by the Revenue. This case pertains to filing of...
Fresh Assessment Order under Income Tax Act passed without Revising Penalty Proceeding: Kerala HC directs to Revise Penalty [Read Order]
The Kerala High Court directed to revise the penalty imposed under the Income Tax Act, 1961 as a fresh assessment order was passed without revising the penalty proceedings. The Income Tax Appellate...
![Fresh Assessment Order under Income Tax Act passed without Revising Penalty Proceeding: Kerala HC directs to Revise Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/Income-Tax-penalty-revision-Kerala-High-Court-Assessment-Order-Penalty-proceedings-revision-Penalty-taxscan.jpg "Fresh Assessment Order under Income Tax Act passed without Revising Penalty Proceeding: Kerala HC directs to Revise Penalty [Read Order]")
Minor delays in uploading Assessment Orders or generating DIN will not render assessments unsustainable: ITAT [Read Order]
The Chandigarh bench of the Income Tax Appellate Tribunal (ITAT) observed that minor delays in uploading assessment orders or generating Document Identification Number (DIN) will not render...
![Minor delays in uploading Assessment Orders or generating DIN will not render assessments unsustainable: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/ITAT-Chandigarh-Assessment-order-Document-Identification-Number-DIN-generation-Delay-in-Assessment-Order-Income-Tax-Appellate-Tribunal-taxscan.jpg "Minor delays in uploading Assessment Orders or generating DIN will not render assessments unsustainable: ITAT [Read Order]")