Four Years Is Reasonable Time of Limitation in Absence limitation provided in Statute for an order u/s 201 of Income Tax Act: Patna HC Dismisses Appeal Against Indian Oil Corporation
The Patna High Court while dismissing the appeal against Indian Oil Corporation Ltd, has held that four years is a reasonable time of...
![No Omission or Non-disclosure on Part of Assessee: Bombay HC Quashes Re-Assessment [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/No-Omission-Non-disclosure-on-Part-of-Assessee-Bombay-HC-Quashes-Re-Assessment-Non-disclosure-Re-Assessment-Bombay-High-Court-taxscan.jpeg "No Omission or Non-disclosure on Part of Assessee: Bombay HC Quashes Re-Assessment [Read Order]")
![Failure to follow Mandatory Procedure laid down u/s 144C of Income Tax Act for Passing Draft Assessment Order: ITAT allows Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Failure-follow-Procedure-Income-Tax-Act-Passing-Assessment-Order-TAXSCAN.jpg "Failure to follow Mandatory Procedure laid down u/s 144C of Income Tax Act for Passing Draft Assessment Order: ITAT allows Appeal [Read Order]")
![The assessment order passed is not Legal as Approval u/s 153D was Given Mechanically: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/assessment-order-passed-is-not-Legal-Delhi-High-Court-assessment-order-taxscan.jpg "The assessment order passed is not Legal as Approval u/s 153D was Given Mechanically: Delhi HC [Read Order]")
![Orissa HC Refuses to Quash Assessment Order Passed by AO on ground of Non Filing of Revised ROI: Allows Re-hearing [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Orissa-HC-Refuses-to-Quash-Assessment-Order-Assessment-Order-Passed-by-AO-Non-Filing-of-Revised-ROI-Allows-Re-hearing-taxscan.jpg "Orissa HC Refuses to Quash Assessment Order Passed by AO on ground of Non Filing of Revised ROI: Allows Re-hearing [Read Order]")
Calcutta HC Upholds Assessment Order on ground of Passing of Order with approval of ‘Specified Authority’ u/s 151(ii) of Income Tax Act [Read Order]
The Calcutta High Court upheld the assessment order passed under section 148A(d) of the Income Tax Act, 1961 on the ground of passing of order with the approval of specified authority which was...
![Calcutta HC Upholds Assessment Order on ground of Passing of Order with approval of ‘Specified Authority’ u/s 151(ii) of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Calcutta-Highcourt-Upheld-Assessment-Order-Passing-of-Order-Specified-Authority-Income-Tax-Act-Income-Tax-taxscan.jpg "Calcutta HC Upholds Assessment Order on ground of Passing of Order with approval of ‘Specified Authority’ u/s 151(ii) of Income Tax Act [Read Order]")
Interest Income earned by Cooperative Bank on Investments made with other Cooperative Bank is eligible for Deduction u/s 80P(2)(a)(i) Income Tax Act: ITAT deletes Revision Order [Read Order]
The Income Tax Appellate Tribunal (ITAT) Pune Bench while deleting the revision order passed under Section 263 of Income Tax Act, 1961 held that interest income earned by cooperative bank on...
![Interest Income earned by Cooperative Bank on Investments made with other Cooperative Bank is eligible for Deduction u/s 80P(2)(a)(i) Income Tax Act: ITAT deletes Revision Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Interest-Income-Cooperative-Bank-Investments-Cooperative-Bank-eligible-Deduction-ITAT-TAXSCAN.jpg "Interest Income earned by Cooperative Bank on Investments made with other Cooperative Bank is eligible for Deduction u/s 80P(2)(a)(i) Income Tax Act: ITAT deletes Revision Order [Read Order]")
Writ Court does not act either as AO or Appellate Authority to decide Taxability of Receipt: Calcutta HC upholds Assessment Order [Read Order]
A Single Bench of Justice Md. Nizamuddin of Calcutta High Court upholding the final assessment order held that the writ court does not act either as an Assessing Officer or an Appellate Authority to...
![Writ Court does not act either as AO or Appellate Authority to decide Taxability of Receipt: Calcutta HC upholds Assessment Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Writ-Court-act-either-as-AO-or-Appellate-Authority-to-decide-Taxability-of-Receipt-Calcutta-HC-upholds-Assessment-Order-TAXSCAN.jpg "Writ Court does not act either as AO or Appellate Authority to decide Taxability of Receipt: Calcutta HC upholds Assessment Order [Read Order]")
![SCN Issued did not Accord 7 Days to File Response: Delhi HC sets aside Assessment Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/SCN-Issued-did-not-Accord-File-Response-Delhi-HC-sets-aside-Assessment-Order-TAXSCAN.jpg "SCN Issued did not Accord 7 Days to File Response: Delhi HC sets aside Assessment Order [Read Order]")
Deletion of Addition by CIT(A) against Invalid Assessment Order: Delhi HC disposes appeal of Revenue [Read Order]
The Delhi High Court dismissed the appeal filed by the revenue against the deletion of addition by the Commissioner of Income Tax (Appeals). Nagar Dairy Pvt. Ltd, the respondent-assessee...
![Deletion of Addition by CIT(A) against Invalid Assessment Order: Delhi HC disposes appeal of Revenue [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Delhi-High-Court-delete-addition-assessing-officer-invalid-assessment-taxscan.jpg "Deletion of Addition by CIT(A) against Invalid Assessment Order: Delhi HC disposes appeal of Revenue [Read Order]")
Assessment Order passed under Tamil Nadu GST Act based on General Notice Issued is not Valid: Madras HC sets aside Order [Read Order]
The Madras High Court has held that the assessment order passed under the Tamil Nadu Goods and Service Tax Act,2017 based on the general notice issued is not valid. M/s.Hatsun Agro Product Ltd,...
![Assessment Order passed under Tamil Nadu GST Act based on General Notice Issued is not Valid: Madras HC sets aside Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Assessment-Order-Tamil-Nadu-GST-Act-Tamil-Nadu-GST-Act-General-Notice-Madras-High-Court-sets-aside-Order-Assessment-Order-passed-under-Tamil-Nadu-GST-Act-taxscan.jpg "Assessment Order passed under Tamil Nadu GST Act based on General Notice Issued is not Valid: Madras HC sets aside Order [Read Order]")
Relief to Asus India: ITAT quashes Assessment Order passed u/s 144C (13) Income Tax Act due to barred by limitation [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) while providing relief to Asus India quashed the assessment order passed under Section 144C (13) of Income Tax Act , 1961 due to brarred...
![Relief to Asus India: ITAT quashes Assessment Order passed u/s 144C (13) Income Tax Act due to barred by limitation [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Relief-to-Asus-India-Asus-India-ITAT-assessment-order-ITAT-quashes-assessment-order-Income-Tax-Act-Income-Tax-Act-due-to-barred-by-limitation-taxscan-.jpg "Relief to Asus India: ITAT quashes Assessment Order passed u/s 144C (13) Income Tax Act due to barred by limitation [Read Order]")