![Discretionary Power cannot be Exercised to Halt Income Tax Assessments involving Huge Undisclosed Income: Bombay HC refuses to Entertain plea [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Income-tax-assessment-ruling-Undisclosed-income-taxation-Bombay-High-Court-taxscan.jpg "Discretionary Power cannot be Exercised to Halt Income Tax Assessments involving Huge Undisclosed Income: Bombay HC refuses to Entertain plea [Read Order]")
Discretionary Power cannot be Exercised to Halt Income Tax Assessments involving Huge Undisclosed Income: Bombay HC refuses to Entertain plea [Read Order]
In a recent ruling, the Bombay High Court has ruled that its discretionary powers cannot be exercised to prevent the officers from proceedings with...
![CBDT Circular Leads to Dismissal of Revenues Appeal: ITAT upholds Threshold Limit [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/CBDT-Circular-Leads-Dismissal-Revenues-Appeal-ITAT-Threshold-Limit-taxscan.jpg "CBDT Circular Leads to Dismissal of Revenues Appeal: ITAT upholds Threshold Limit [Read Order]")
![No reasonable ground u/s 119(2)(b) IT Act: Delhi HC dismisses Delay Condonation Application [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/No-reasonable-ground-1192b-IT-Act-Delhi-HC-Delay-Condonation-Application-taxscan.jpg "No reasonable ground u/s 119(2)(b) IT Act: Delhi HC dismisses Delay Condonation Application [Read Order]")
Madras HC dismisses Petition Against Joint Director of Income Tax (Inv) and Mining Company for Lack of Locus Standi, Not Included as Parties to Petition [Read Order]
The Madras High Court recently dismissed the writ petition filed against the Joint Director of Income Tax (Investigation) ad mining company for lack of Locus Standi and did not include them as...
![Madras HC dismisses Petition Against Joint Director of Income Tax (Inv) and Mining Company for Lack of Locus Standi, Not Included as Parties to Petition [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/Madras-High-Court-Income-Tax-Locus-Standi-Petition-writ-petition-Dismisses-Petition-Lack-of-Locus-Standi-taxscan.jpg "Madras HC dismisses Petition Against Joint Director of Income Tax (Inv) and Mining Company for Lack of Locus Standi, Not Included as Parties to Petition [Read Order]")
'Co-ordinated Investigation' to Avoid Tax Evasion is Good Ground For Transfer Case from ITO to DCIT: Delhi HC upholds Order u/s 127 of Income Tax Act [Read Order]
The Delhi High Court has held that 'Co-Ordinated Investigation' to avoid tax evasion is good ground for transferring the case from the Income Tax Officer ( ITO ) to the Deputy Commissioner of...
![Co-ordinated Investigation to Avoid Tax Evasion is Good Ground For Transfer Case from ITO to DCIT: Delhi HC upholds Order u/s 127 of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/Co-ordinated-Investigation-Avoid-Tax-Evasion-Good-Ground-For-Transfer-Case-from-ITO-DCIT-Delhi-HC-us-127-of-Income-Tax-Act-TAXSCAN.jpg "Co-ordinated Investigation to Avoid Tax Evasion is Good Ground For Transfer Case from ITO to DCIT: Delhi HC upholds Order u/s 127 of Income Tax Act [Read Order]")
Powers u/s 127 of Income Tax can be invoked for Public Interest, Administrative Convenience and Meaningful Assessment: Delhi HC [Read Order]
The Delhi High Court clarified that powers under Section 127 of the Income Tax Act, 1961, can be invoked for public interest, administrative convenience, and meaningful assessment. The present...
![Powers u/s 127 of Income Tax can be invoked for Public Interest, Administrative Convenience and Meaningful Assessment: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/Powers-Income-Tax-invoked-Public-Interest-Administrative-Convenience-Meaningful-Assessment-Delhi-HC-taxscan.jpg "Powers u/s 127 of Income Tax can be invoked for Public Interest, Administrative Convenience and Meaningful Assessment: Delhi HC [Read Order]")
ITAT directs Readjudication for determining Municipal Rateable Value of Flats held as Stock in Trade [Read Order]
The Two member bench of Mumbai Income Tax Appellate Tribunal ( ITAT ) directs readjudication for determining the municipal rateable value of the flats held as stock in trade The Assessee, La...
![ITAT directs Readjudication for determining Municipal Rateable Value of Flats held as Stock in Trade [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/ITAT-Mumbai-readjudication-ITAT-Updating-taxscan.jpg "ITAT directs Readjudication for determining Municipal Rateable Value of Flats held as Stock in Trade [Read Order]")
![ITAT Annual Digest [Part-23]](https://www.taxscan.in/wp-content/uploads/2024/01/ITAT-ANNUAL-DIGEST-PART-23-ITAT-ANNUAL-DIGEST-ITAT-ANNUAL-DIGEST-PART-23-taxscan.jpg "ITAT Annual Digest [Part-23]")
Deduction of TDS at a rate of 0.01% satisfying Mandate of Rule 28AA denied due to Non-Application of Mind by DCIT: Delhi HC directs fresh Adjudication [Read Order]
The Delhi High Court directed fresh adjudication because the deduction of Tax Deducted at Source (TDS) at a rate of 0.01% satisfying the mandate of Rule 28AA of the Income Tax Rules, 1961 denied due...
![Deduction of TDS at a rate of 0.01% satisfying Mandate of Rule 28AA denied due to Non-Application of Mind by DCIT: Delhi HC directs fresh Adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Deduction-of-TDS-satisfying-Mandate-Non-Application-DCIT-Delhi-High-Court-Adjudication-taxscan.jpg "Deduction of TDS at a rate of 0.01% satisfying Mandate of Rule 28AA denied due to Non-Application of Mind by DCIT: Delhi HC directs fresh Adjudication [Read Order]")
Advance Payment for Purchase of Land and Deposit in Capital Gain Scheme Account Established: ITAT Dismisses Income Tax Dept's Appeal [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) held that advance payment made for the purchase of land stand establish as the same was through a banking channels and the bank certificate of...
![Advance Payment for Purchase of Land and Deposit in Capital Gain Scheme Account Established: ITAT Dismisses Income Tax Depts Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Advance-Payment-for-Purchase-of-Land-Deposit-in-Capital-Gain-Scheme-Account-Established-Advance-Payment-TAXSCAN.jpg "Advance Payment for Purchase of Land and Deposit in Capital Gain Scheme Account Established: ITAT Dismisses Income Tax Depts Appeal [Read Order]")