![Revisional Jurisdiction can be invoked for Lack of Inquiry, not for Inadequate Inquiry: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/04/Revisional-Jurisdiction-Lack-of-Inquiry-Inadequate-Inquiry-ITAT-Taxscan.jpg "Revisional Jurisdiction can be invoked for Lack of Inquiry, not for Inadequate Inquiry: ITAT [Read Order]")
Revisional Jurisdiction can be invoked for 'Lack of Inquiry', not for 'Inadequate Inquiry': ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai bench has held that the revisional jurisdiction under section 263 of the Income Tax Act, 1961 can be...
![Reasons recorded in 142(1) Notice were not existing at the Time of Issue of Re-Assessment Notice: Calcutta HC quashes Assessment [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/04/Reasons-recorded-Notice-existing-Re-Assessment-Notice-Calcutta-HC-Assessment-Taxscan.jpeg "Reasons recorded in 142(1) Notice were not existing at the Time of Issue of Re-Assessment Notice: Calcutta HC quashes Assessment [Read Order]")
![Violation of Principles of Natural Justice and Non-Compliance of Provisions of S. 144B of the Income Tax Act: Calcutta HC quashes Assessment [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/04/Violation-Principles-of-Natural-Justice-Non-Compliance-S.-144B-Income-Tax-Act-Calcutta-HC-Assessment-Taxscan.jpg "Violation of Principles of Natural Justice and Non-Compliance of Provisions of S. 144B of the Income Tax Act: Calcutta HC quashes Assessment [Read Order]")
![No Addition on Income when the Assessee has Fully Explained and Substantiated Sources with the Documentary Evidences: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/Income-Assessee-Substantiated-Sources-Documentary-Evidences-ITAT-Taxscan.jpg "No Addition on Income when the Assessee has Fully Explained and Substantiated Sources with the Documentary Evidences: ITAT [Read Order]")
![Assessing Officer doesn’t have Jurisdiction to Travel Beyond Issues found during Scrutiny Assessment: ITAT quashes Revisional Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/AO-Jurisdiction-Travel-Scrutiny-Assessment-ITAT-taxscan.jpeg "Assessing Officer doesn’t have Jurisdiction to Travel Beyond Issues found during Scrutiny Assessment: ITAT quashes Revisional Order [Read Order]")
Interim Relief to TATA AIG: ITAT remands Matter to AO to verify TDS Liability on Co-Insurance Fee paid to Lead Insurer [Read Order]
In an interim relief to TATA AIG, the Income Tax Appellate Tribunal (ITAT), Mumbai bench has remanded the matter to the Assessing Officer to verify the TDS liability on co-insurance fee paid by the...
![Interim Relief to TATA AIG: ITAT remands Matter to AO to verify TDS Liability on Co-Insurance Fee paid to Lead Insurer [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/Interim-Relief-TATA-AIG-ITAT-AO-TDS-Liability-TDS-Co-Insurance-Fee-Lead-Insurer-Taxscan.jpg "Interim Relief to TATA AIG: ITAT remands Matter to AO to verify TDS Liability on Co-Insurance Fee paid to Lead Insurer [Read Order]")
GST: DRC-1 Notice mandatory before concluding Assessment, Madras High Court quashes Order [Read Judgment]
The Madras High Court, while quashing an assessment order, held that DRC-1 Notice is mandatory before concluding Assessment under the GST regime. FORM GST DRC-01is an online functionality made...
![GST: DRC-1 Notice mandatory before concluding Assessment, Madras High Court quashes Order [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2022/03/GST-DRC-1-Notice-Assessment-Madras-HC-TAXSCAN.jpeg "GST: DRC-1 Notice mandatory before concluding Assessment, Madras High Court quashes Order [Read Judgment]")
![Revisional Jurisdiction cannot be invoked on Highly Debatable Issues: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/Revisional-Jurisdiction-Highly-Debatable-Issues-Debatable-Issues-ITAT-Jurisdiction-Taxscan.jpg "Revisional Jurisdiction cannot be invoked on Highly Debatable Issues: ITAT [Read Order]")
High Court cannot interfere with the Findings of fact recorded By ITAT while exercising Appellate Jurisdiction: Delhi HC [Read Judgment]
The Delhi High Court has held that the High Court, while entertaining an appeal under Section 260A of the Income Tax Act, 1961 cannot interfere with the finding of fact if it involves re-appreciation...
![High Court cannot interfere with the Findings of fact recorded By ITAT while exercising Appellate Jurisdiction: Delhi HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2022/03/High-Court-ITAT-Appellate-Jurisdiction-Delhi-High-Court-taxscan.jpg "High Court cannot interfere with the Findings of fact recorded By ITAT while exercising Appellate Jurisdiction: Delhi HC [Read Judgment]")
Revisional Authority cannot act as Appellate Authority to go to the merits of Assessment: Calcutta HC [Read Order]
The Calcutta High Court has held that the revisional authority, while considering a writ petition filed by Unisource Hydro Carbon Services Private Limited & Anr, held that the revisional...
![Revisional Authority cannot act as Appellate Authority to go to the merits of Assessment: Calcutta HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/Revisional-Authority-Appellate-Authority-merits-Assessment-Calcutta-HC-Taxscan.jpg "Revisional Authority cannot act as Appellate Authority to go to the merits of Assessment: Calcutta HC [Read Order]")
Deduction of Employees Contribution to ESI and PF: Amendment in Finance Act, 2021 does not applicable to AY 2018-19 and AY 2019-2020, rules ITAT
The Income Tax Appellate Tribunal (ITAT), Bangalore bench has held that the amendment under the Finance Act, 2021 relating to deduction of employees’ contribution to ESI and PF would not be...
Circular excluding Pre-Show-Cause Notice is Directory and Discretionary, Natural Justice Principles shall be followed: Calcutta HC [Read Order]
The Calcutta High Court has recently ruled that the circular issued by the Central Board of Indirect taxes and Customs (CBIC) excluding the requirement of pre-show cause notice is directory and...
![Circular excluding Pre-Show-Cause Notice is Directory and Discretionary, Natural Justice Principles shall be followed: Calcutta HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/Circular-Pre-Show-Cause-Notice-Directory-Discretionary-Natural-Justice-Principles-Calcutta-HighCourt-Taxscan.jpg "Circular excluding Pre-Show-Cause Notice is Directory and Discretionary, Natural Justice Principles shall be followed: Calcutta HC [Read Order]")