![Revisional jurisdiction can be invoked for Lack of enquiry by Assessing Officer: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Revisional-jurisdiction-Assessing-Officer-ITAT-taxscan.jpg "Revisional jurisdiction can be invoked for Lack of enquiry by Assessing Officer: ITAT [Read Order]")
Revisional jurisdiction can be invoked for Lack of enquiry by Assessing Officer: ITAT [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT), comprising Shri Om Prakash Kant AM and M S Kavitha Rajagopal, JM has held that lack of...
![International Transaction of Information Technology Enabled Services can be calculated under Arm’s Length: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/International-transaction-Information-Technology-Services-Arms-Length-ITAT-taxscan.jpg "International Transaction of Information Technology Enabled Services can be calculated under Arm’s Length: ITAT [Read Order]")
![Reference to TPO is valid only for SDT exceeds threshold limit of 5 Crore u/s 92BA: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Reference-TPO-SDT-threshold-limit-ITAT-Taxscan.jpeg "Reference to TPO is valid only for SDT exceeds threshold limit of 5 Crore u/s 92BA: ITAT [Read Order]")
![Personal Hearing through Chat Messages not Sufficient: Calcutta HC quashes Order for Not following Natural Justice Principles [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Personal-Hearing-Chat-Messages-Calcutta-High-Court-Order-Natural-Justice-Principles-Taxscan.jpeg "Personal Hearing through Chat Messages not Sufficient: Calcutta HC quashes Order for Not following Natural Justice Principles [Read Order]")
![Income from Trust used Directly or Indirectly for benefit of any prohibited Person is not entitled to Exemption u/s 11: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Income-trust-benefit-prohibited-Person-Exemption-ITAT-Taxscan.jpeg "Income from Trust used Directly or Indirectly for benefit of any prohibited Person is not entitled to Exemption u/s 11: ITAT [Read Order]")
PAN of Assessee Transferred to Another Place: Delhi HC quashes Assessment Order as without Jurisdiction [Read Order]
A division bench of the Delhi High Court comprising Justice Manmohan ands Justice Dinesh Kumar Sharma has quashed an assessment order by observing that the PAN of the assessee is transferred to...
![PAN of Assessee Transferred to Another Place: Delhi HC quashes Assessment Order as without Jurisdiction [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/PAN-Assessee-Delhi-HC-Assessment-Order-Jurisdiction-Taxscan.jpg "PAN of Assessee Transferred to Another Place: Delhi HC quashes Assessment Order as without Jurisdiction [Read Order]")
Re-Assessment Order passed without allowing Assessee to file Objection is Invalid: Delhi HC [Read Order]
The Delhi High Court has held that the re-assessment under section 147/148 of the Income Tax Act, 1961 passed without allowing the assessee to file objection shall be deemed as invalid. The income...
![Re-Assessment Order passed without allowing Assessee to file Objection is Invalid: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Re-Assessment-Order-Assessee-file-Objection-Delhi-High-Court-Taxscan.jpeg "Re-Assessment Order passed without allowing Assessee to file Objection is Invalid: Delhi HC [Read Order]")
KYC Form is Prima Facie proof for Address of Account Holder: ITAT upholds Addition on Account of Unexplained Cash Deposits [Read Order]
The Ahmedabad Bench Income Tax Appellate Tribunal ( ITAT ) has held that Know Your Customer (KYC) Form is prima facie proof for address of account holder and upholds the addition on account of...
![KYC Form is Prima Facie proof for Address of Account Holder: ITAT upholds Addition on Account of Unexplained Cash Deposits [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/KYC-Form-Prima-Facie-proof-Address-Account-Holder-ITAT-Account-Unexplained-Cash-Deposits-Taxscan.jpeg "KYC Form is Prima Facie proof for Address of Account Holder: ITAT upholds Addition on Account of Unexplained Cash Deposits [Read Order]")
Writ Jurisdiction can be invoked in Exceptional Circumstances: Calcutta HC refuses to Quash Assessment Order under WB Agricultural Income Tax Act [Read Order]
The Calcutta High Court has held that Writ Jurisdiction can be invoked in exceptional circumstances and refuses to quash assessment order under West Bengal Agricultural Income Tax Act. The...
![Writ Jurisdiction can be invoked in Exceptional Circumstances: Calcutta HC refuses to Quash Assessment Order under WB Agricultural Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Writ-Jurisdiction-Exceptional-Circumstances-Calcutta-HC-Assessment-Order-WB-Agricultural-Income-Tax-Act-Taxscan.jpeg "Writ Jurisdiction can be invoked in Exceptional Circumstances: Calcutta HC refuses to Quash Assessment Order under WB Agricultural Income Tax Act [Read Order]")
Appeals cannot be dismissed merely because Assessee opted VSVS and Form 5 is Issued: ITAT directs NFAC to decide Appeals on Merits [Read Order]
The Chennai bench of the Income Tax Appellate Tribunal (ITAT) has directed the National Faceless Appeal Centre (NFAC) to decide appeals on merits since the same cannot be dismissed merely because the...
![Appeals cannot be dismissed merely because Assessee opted VSVS and Form 5 is Issued: ITAT directs NFAC to decide Appeals on Merits [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/National-Faceless-Assessment-Centre-Appeals-Assessee-VSVS-ITAT-NFAC-Taxscan.jpeg "Appeals cannot be dismissed merely because Assessee opted VSVS and Form 5 is Issued: ITAT directs NFAC to decide Appeals on Merits [Read Order]")
Income Tax Stay Order not Communicated: Bombay HC asks Assessee to pay Cost of Rs. 25,000 to AO [Read Order]
In a significant ruling, a division bench of the Bombay High Court has directed the assessee to pay a cost of Rs. 25,000 to the Assessing Officer for not communicating the stay order proactively. ...
![Income Tax Stay Order not Communicated: Bombay HC asks Assessee to pay Cost of Rs. 25,000 to AO [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Income-Tax-Bombay-High-Court-Assessee-AO-stay-order-Taxscan.jpeg "Income Tax Stay Order not Communicated: Bombay HC asks Assessee to pay Cost of Rs. 25,000 to AO [Read Order]")
Closure of Business is a Reasonable Cause for Non-cooperation with Income Tax proceedings: ITAT quashes Ex-Parte Order [Read Order]
The Income Tax Appellate Tribunal (ITAT), Ahmedabad bench has quashed an assessment order and asked the AO to re-consider the matter afresh by observing that the closure of business is a reasonable...
![Closure of Business is a Reasonable Cause for Non-cooperation with Income Tax proceedings: ITAT quashes Ex-Parte Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Closure-of-Business-Reasonable-Cause-Non-cooperation-Income-Tax-proceedings-ITAT-Ex-Parte-Order-Taxscan.jpeg "Closure of Business is a Reasonable Cause for Non-cooperation with Income Tax proceedings: ITAT quashes Ex-Parte Order [Read Order]")