![Reopening of Income Tax Assessment and Recalculation of Capital Gains without fresh Notice u/s 148 Invalid: ITAT quashes Proceedings [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Income-Tax-Assessment-Recalculation-of-Capital-Gains-Notice-ITAT-TAXSCAN.jpg "Reopening of Income Tax Assessment and Recalculation of Capital Gains without fresh Notice u/s 148 Invalid: ITAT quashes Proceedings [Read Order]")
Reopening of Income Tax Assessment and Recalculation of Capital Gains without fresh Notice u/s 148 Invalid: ITAT quashes Proceedings [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has recently held that reopening of the Income Tax Assessment of the assessee and...
![Form 67 Submitted before Conclusion of Assessment: ITAT Allows Relief of Withholding Tax Credit in Tanzania against Tax Liability arising in India [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Form-67-Conclusion-of-Assessment-ITAT-Tax-Credit-Tanzania-Tax-Liability-TAXSCAN.jpg "Form 67 Submitted before Conclusion of Assessment: ITAT Allows Relief of Withholding Tax Credit in Tanzania against Tax Liability arising in India [Read Order]")
Relief to Royal Enfield, Unjust enrichment did not apply to Refund arising out of Finalisation of Provisional Assessment: CESTAT [Read Order]
In a significant case of M/s.Royal Enfield (Unit of M/s.Eicher Motors Ltd.), the Customs, Excise & Service Tax Appellate Tribunal (CESTAT) of Chennai Bench has held that unjust enrichment did not...
![Relief to Royal Enfield, Unjust enrichment did not apply to Refund arising out of Finalisation of Provisional Assessment: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Royal-Enfield-enrichment-Refund-arising-Provisional-Assessment-CESTAT-TAXSCAN.jpg "Relief to Royal Enfield, Unjust enrichment did not apply to Refund arising out of Finalisation of Provisional Assessment: CESTAT [Read Order]")
![Finalisation of Assessment without Personal Hearing is Invalid: Madras HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Finalisation-of-Assessment-Assessment-Personal-Hearing-Madras-High-Court-Taxscan.jpg "Finalisation of Assessment without Personal Hearing is Invalid: Madras HC [Read Order]")
Relief to Framji Dinshaw Petit: Bombay HC quashes Assessment Order holding Right Claim of Carry Forward and Set Off of Deficit [Read Order]
In a major relief to Framji Dinshaw Petit Parsee Sanatorium, the petitioner, Bombay High Court quashed an assessment order after holding that there was right claim of carry forward and set off of...
![Relief to Framji Dinshaw Petit: Bombay HC quashes Assessment Order holding Right Claim of Carry Forward and Set Off of Deficit [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Framji-Dinshaw-Petit-Bombay-High-Court-Assessment-Order-Assessment-Right-Claim-Claim-Carry-Forward-and-Set-Off-of-Deficit-Deficit-Taxscan.jpg "Relief to Framji Dinshaw Petit: Bombay HC quashes Assessment Order holding Right Claim of Carry Forward and Set Off of Deficit [Read Order]")
Deduction u/s 80P can be finalised only after analysing form of Society: Kerala HC sets aside Assessment Order [Read Order]
In a recent judgement, the Kerala High Court (HC) sets aside an assessment order and held that deduction under section 80P of the Income Tax Act, 1961 can be finalised only after analysing the form...
![Deduction u/s 80P can be finalised only after analysing form of Society: Kerala HC sets aside Assessment Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Deduction-Kerala-High-Court-Assessment-Order-Assessment-Taxscan.jpg "Deduction u/s 80P can be finalised only after analysing form of Society: Kerala HC sets aside Assessment Order [Read Order]")
![ITAT grants Partial Tax Relief to Adani Power Ltd [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/ITAT-Partial-Tax-Relief-Adani-Power-Ltd-Taxscan.jpg "ITAT grants Partial Tax Relief to Adani Power Ltd [Read Order]")
Assessment and Rectification Order does not contain DIN and Order number is Invalid: ITAT [Read Order]
The Income Tax Appellate Tribunal ( ITAT ), Pune Bench, has recently, in an appeal filed before it, held that assessment and rectification order does not contain DIN and that order number is invalid....
![Assessment and Rectification Order does not contain DIN and Order number is Invalid: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Assessment-Rectification-Order-DIN-Order-number-ITAT-Taxscan.jpg "Assessment and Rectification Order does not contain DIN and Order number is Invalid: ITAT [Read Order]")
AO failed to Conduct Investigation regarding Cash Deposits during Demonetization Period: ITAT Upholds Revision Order [Read Order]
The Chennai Bench of Income Tax Appellate Tribunal (ITAT) has upheld the revision order observing that the Assessing Officer (AO) had failed to conduct investigation regarding cash deposits...
![AO failed to Conduct Investigation regarding Cash Deposits during Demonetization Period: ITAT Upholds Revision Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/AO-Investigation-Cash-Deposits-Demonetization-Period-ITAT-Revision-Order-Taxscan.jpg "AO failed to Conduct Investigation regarding Cash Deposits during Demonetization Period: ITAT Upholds Revision Order [Read Order]")