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![Valid Satisfaction required to Initiate Re-Opening of Assessment u/s 148 of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Satisfaction-Re-Opening-of-Assessment-Income-Tax-Act-ITAT-TAXSCAN.jpg "Valid Satisfaction required to Initiate Re-Opening of Assessment u/s 148 of Income Tax Act: ITAT [Read Order]")
Valid Satisfaction required to Initiate Re-Opening of Assessment u/s 148 of Income Tax Act: ITAT [Read Order]
The Chennai Bench of Income Tax Appellate Tribunal (ITAT) recently held that the valid satisfaction is required to initiate reopening of assessment...
![Suo Motu Revisional Proceeding has to be concluded not beyond five years from Original Order of Assessment: Orissa HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Suo-Motu-Revisional-Suo-Motu-Assessment-Orissa-High-Court-Original-Order-of-Assessment-Proceeding-Taxscan.jpg "Suo Motu Revisional Proceeding has to be concluded not beyond five years from Original Order of Assessment: Orissa HC [Read Order]")
![Mere Mistake in Declaring Fund Transfer between Proprietorship Business and Proprietor does not Warrant Addition: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Fund-Transfer-Business-Warrant-ITAT-Income-Tax-Taxscan.jpg "Mere Mistake in Declaring Fund Transfer between Proprietorship Business and Proprietor does not Warrant Addition: ITAT [Read Order]")
![Death of Assessee during Income Tax Assessment Proceedings: ITAT directs Re-Adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Income-Tax-Assessment-Income-Tax-Assessment-ITAT-Re-Adjudication-Taxscan.jpg "Death of Assessee during Income Tax Assessment Proceedings: ITAT directs Re-Adjudication [Read Order]")
![Coercive Recovery proceedings under TNVAT Act cant be initiated before a Final Assessment Order: Madras HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/TNVAT-Act-TNVAT-Final-Assessment-Assessment-Assessment-Order-Madras-High-Court-Taxscan.jpg "Coercive Recovery proceedings under TNVAT Act cant be initiated before a Final Assessment Order: Madras HC [Read Order]")
Audit Report u/s 44B furnished along with ITR before Completion of Assessment: ITAT deletes Penalty u/s 271B of Income Tax Act [Read Order]
The Chennai bench of Income Tax Appellate Tribunal ( ITAT ) has recently held that no penalty would be levied if the audit report under section 44B of Income Tax Act 1961 was furnished along with...
![Audit Report u/s 44B furnished along with ITR before Completion of Assessment: ITAT deletes Penalty u/s 271B of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Audit-Report-ITR-Assessment-ITAT-Penalty-Income-Tax-Act-Income-Tax-Tax-Taxscan.jpg "Audit Report u/s 44B furnished along with ITR before Completion of Assessment: ITAT deletes Penalty u/s 271B of Income Tax Act [Read Order]")
![Alternative Remedy Not a Bar to Challenge Re-Opening of Assessment: Madhya Pradesh HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Alternative-Remedy-Assessment-Madhya-Pradesh-High-Court-Taxscan.jpg "Alternative Remedy Not a Bar to Challenge Re-Opening of Assessment: Madhya Pradesh HC [Read Order]")
Principles of Natural Justice not to be adhered to when there is no Enhancement of Assessment or Penalty for orders passed u/s 84 of TNVAT Act: Madras HC [Read Order]
- “Written laws are formulas in which we endeavour to express as concisely as possible that which, under such or such determined circumstances, natural justice demands”. - Victor Cousin The...
![Principles of Natural Justice not to be adhered to when there is no Enhancement of Assessment or Penalty for orders passed u/s 84 of TNVAT Act: Madras HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Principles-of-Natural-Justice-Natural-Justice-Assessment-Penalty-TNVAT-Act-Madras-High-Court-Taxscan.jpg "Principles of Natural Justice not to be adhered to when there is no Enhancement of Assessment or Penalty for orders passed u/s 84 of TNVAT Act: Madras HC [Read Order]")
![No Assessment u/s 153 A in absence of Incriminating Material from Search: Madras HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Madras-High-Court-Assessment-Incriminating-Material-Taxscan.jpg "No Assessment u/s 153 A in absence of Incriminating Material from Search: Madras HC [Read Order]")
![Difference in Date of Dispatch and Date Assessment Order: Madras HC quashes Assessment Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Assessment-Order-Date-of-Dispatch-Madras-High-Court-Assessment-taxscan.jpg "Difference in Date of Dispatch and Date Assessment Order: Madras HC quashes Assessment Order [Read Order]")
Reopening of Assessment after 4 years based on change of opinion without stating any reason is not valid : Bombay HC set aside Re-assessment Order [Read Order]
In a matter of reopening of assessment after 4 years based on a change of opinion without stating any reason, the Bombay High Court (HC) set aside the re-assessment order being void. The...
