Delhi HC dismisses Petition against Reopening of Assessment u/s 148, affirms Validity of Notice [Read Order]
In the recent ruling,the High Court of Delhi,affirmed the validity of a notice issued under Section 148 of the Income Tax Act,1961,dismissing the...
![Sales of ‘Kaccha Arahtia’ for Principal excluded from Turnover u/s 44AB: ITAT directs to Credit Entire TDS [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-ITAT-Visakapatanam-Kaccha-Arahtia-Sales-of-Kaccha-Arahtia-TDS-Tax-Deducted-at-Source-Income-Tax-Section-44AB-of-Income-Tax-Act-taxscan.jpg "Sales of ‘Kaccha Arahtia’ for Principal excluded from Turnover u/s 44AB: ITAT directs to Credit Entire TDS [Read Order]")
![Continuous Non-Compliance towards Notices: ITAT remands matter with ₹5k Costs [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-ITAT-Bangalore-Income-Tax-Appellate-Tribunal-ITAT-remands-Non-Compliance-ITAT-news-ITAT-updates-Notices-taxscan.jpg "Continuous Non-Compliance towards Notices: ITAT remands matter with ₹5k Costs [Read Order]")
S.13 Can Only Be Examined During Assessment, Not at Registration u/s 12A of the Act: ITAT set aside CIT(E) order [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal(ITAT) set aside the Commissioner of Income Tax(Exemption)[CIT(E)]’s order, emphasizing that the applicability of Section 13 should only be...
![S.13 Can Only Be Examined During Assessment, Not at Registration u/s 12A of the Act: ITAT set aside CIT(E) order [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-ITAT-Ahmedabad-Income-Tax-Appellate-Tribunal-Section-13-ITAT-Rules-Section-13-Assessment-Registration-TAXSCAN.webp "S.13 Can Only Be Examined During Assessment, Not at Registration u/s 12A of the Act: ITAT set aside CIT(E) order [Read Order]")
Simply Writing “I am satisfied” not a Valid Approval for Notice u/s 148 of Income Tax Act: Delhi HC [Read Order]
The Delhi High Court, recently held that simply recording “I am satisfied” is insufficient to validate an approval for issuing a notice under Section 148 of the Income Tax Act, 1961. In the case...
![Simply Writing “I am satisfied” not a Valid Approval for Notice u/s 148 of Income Tax Act: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/Delhi-High-Court-Income-Tax-Income-Tax-Act-Section-148-of-Income-Tax-Act-Valid-Approval-for-Notice-taxscan.jpg "Simply Writing “I am satisfied” not a Valid Approval for Notice u/s 148 of Income Tax Act: Delhi HC [Read Order]")
PCIT's S.263 action invalid as It Constitutes an Impermissible Second Opinion: ITAT allows Appeal [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal (ITAT) ruled that the Principal Commissioner of Income Tax's (PCIT) action under Section 263 was invalid as it constituted an impermissible second...
![PCITs S.263 action invalid as It Constitutes an Impermissible Second Opinion: ITAT allows Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-Income-Tax-Appellate-Tribunal-PCIT-Principal-Commissioner-of-Income-Tax-Section-263-TAT-news-TAXSCAN.jpg "PCITs S.263 action invalid as It Constitutes an Impermissible Second Opinion: ITAT allows Appeal [Read Order]")
Duplicate Income Tax Appeal filed by Revenue Not Maintainable: ITAT dismisses Infructuous Appeal against Geojit Financial [Read Order]
In a recent ruling, the Cochin bench of the Income Tax Appellate Tribunal ( ITAT ) dismissed the duplicate income tax appeal filed by the Revenue against Geojit Financial Services Ltd as it was...
![Duplicate Income Tax Appeal filed by Revenue Not Maintainable: ITAT dismisses Infructuous Appeal against Geojit Financial [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-ITAT-Cochin-Income-Tax-Income-Tax-Appeal-Duplicate-income-tax-appeal-ITAT-dismisses-Appeal-taxscan.jpg "Duplicate Income Tax Appeal filed by Revenue Not Maintainable: ITAT dismisses Infructuous Appeal against Geojit Financial [Read Order]")
Delhi HC Sets Aside Income Tax Notice, Citing Failure to Include Legal Heirs of Deceased in Proceedings [Read Order]
In a significant ruling, Delhi High Court sets aside an income tax notice due to the failure to involve the legal heirs of the deceased in the proceedings, emphasizing that issuing notices in the...
![Delhi HC Sets Aside Income Tax Notice, Citing Failure to Include Legal Heirs of Deceased in Proceedings [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/Delhi-High-Court-Delhi-HC-Income-Tax-Notice-Legal-Heirs-Citing-Failure-Delhi-HC-Sets-Aside-Income-Tax-Notice-income-tax-TAXSCAN.jpg "Delhi HC Sets Aside Income Tax Notice, Citing Failure to Include Legal Heirs of Deceased in Proceedings [Read Order]")
![CBDT extends Income Tax Audit Report Filing Deadline to October 7 [Read Circular]](https://www.taxscan.in/wp-content/uploads/2024/09/CBDT-Income-Tax-Audit-Report-Filing-Deadline-October-7-taxscan.jpg "CBDT extends Income Tax Audit Report Filing Deadline to October 7 [Read Circular]")