![Failure to Prove Non-disclosure and Reasons for Reopening Assessment: Bombay HC quashes Proceedings u/s 148 of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Failure-Failure-to-Prove-Non-disclosure-and-Reasons-for-Reopening-Assessment-Non-disclosure-Bombay-High-Court-taxscan.jpeg "Failure to Prove Non-disclosure and Reasons for Reopening Assessment: Bombay HC quashes Proceedings u/s 148 of Income Tax Act [Read Order]")
Failure to Prove Non-disclosure and Reasons for Reopening Assessment: Bombay HC quashes Proceedings u/s 148 of Income Tax Act [Read Order]
“There is not even a whisper in the entire communication trail as to what was not disclosed”, the Bombay High Court observed while quashing the...
![Cash Deposit with Substantial Proof of Source Not to be treated as Unexplained Cash Credit u/s 68 of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Cash-Deposit-with-Substantial-Proof-Unexplained-Cash-Credit-Income-Tax-Act-ITAT-TAXSCAN.jpg "Cash Deposit with Substantial Proof of Source Not to be treated as Unexplained Cash Credit u/s 68 of Income Tax Act: ITAT [Read Order]")
![Jurisdiction of the Bench shall be determined by the location of the Assessing Officer: ITAT dismisses Appeals [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Jurisdiction-location-Assessing-Officer-Appeals-ITAT-Taxscan.jpg "Jurisdiction of the Bench shall be determined by the location of the Assessing Officer: ITAT dismisses Appeals [Read Order]")
Relief to Travelport: Assessee Not Responsible to Explain Recipients of Receipts shown in Form No.26AS, rules ITAT [Read Order]
The Income Tax Appellate Tribunal ( ITAT ), Delhi Bench, has recently, in an appeal filed before it, while granting relief to Travelport, held that the assessee not responsible to explain recipients...
![Relief to Travelport: Assessee Not Responsible to Explain Recipients of Receipts shown in Form No.26AS, rules ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Travelport-Form-No.-26AS-Recipients-Taxscan.jpg "Relief to Travelport: Assessee Not Responsible to Explain Recipients of Receipts shown in Form No.26AS, rules ITAT [Read Order]")
Non-Implementation of Order passed in May granting Refund is ‘Strange’ and Loss to Exchequer: Delhi HC [Read Order]
The Delhi High Court in an interim order held that the action of the Revenue delaying the implementation of refund order passed in the month of May is “strange” and the same is causing loss to the...
![Non-Implementation of Order passed in May granting Refund is ‘Strange’ and Loss to Exchequer: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Non-Implementation-Refund-Strange-Delhi-HC-TAXSCAN.jpg "Non-Implementation of Order passed in May granting Refund is ‘Strange’ and Loss to Exchequer: Delhi HC [Read Order]")
Capital Gain Exemption u/s 54 allowable on amount Invested in Construction of Residential House: ITAT [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) comprising N K Billaiya (Accountant Member) and Astha Chandra (Judicial Member), upholding an order of the CIT(A), held in favor of the...
![Capital Gain Exemption u/s 54 allowable on amount Invested in Construction of Residential House: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Capital-gain-Exemption-Residential-House-ITAT-taxscan.jpeg "Capital Gain Exemption u/s 54 allowable on amount Invested in Construction of Residential House: ITAT [Read Order]")
Relief to Himalaya Drug: Karnataka High Court quashes Notice as Search conducted by Deputy Commissioner of Income Tax was without Jurisdiction [Read Judgment]
In a major relief to Himalaya Drug, the Karnataka High Court quashed the notice as a search conducted by the Deputy Commissioner of Income Tax was without Jurisdiction. The Assessee is a...
![Relief to Himalaya Drug: Karnataka High Court quashes Notice as Search conducted by Deputy Commissioner of Income Tax was without Jurisdiction [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/11/Himalaya-Drug-Karnataka-High-Court-Deputy-Commissioner-of-Income-Tax-Taxscan.jpg "Relief to Himalaya Drug: Karnataka High Court quashes Notice as Search conducted by Deputy Commissioner of Income Tax was without Jurisdiction [Read Judgment]")
Income from Sale Transaction of Co-owners treated differently: Bombay High Court quashes Order of ITAT [Read Judgment]
The Nagpur Bench of High court of Judicature at Bombay directs Income Tax Appellate Tribunal to reconsider its order treating sale transaction as business income, where the same pertaining to the...
![Income from Sale Transaction of Co-owners treated differently: Bombay High Court quashes Order of ITAT [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/03/Income-from-Sale-Transaction-Bombay-High-Court-ITAT-Taxscan.jpeg "Income from Sale Transaction of Co-owners treated differently: Bombay High Court quashes Order of ITAT [Read Judgment]")
TPA required to deduct TDS on payments made to hospitals under Section 194J of the Income Tax Act: Karnataka HC [Read Judgment]
The Karnataka High Court held that the Third Party Administrator (TPA) is required to deduct tax at source (TDS) on payments made to hospitals under Section 194J of the Income Tax Act. The...
![TPA required to deduct TDS on payments made to hospitals under Section 194J of the Income Tax Act: Karnataka HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/10/TPA-required-deduct-TDS-payments-made-hospitals-Section-194J-of-the-Income-Tax-Act-Karnataka-High-Court-Taxscan.jpg "TPA required to deduct TDS on payments made to hospitals under Section 194J of the Income Tax Act: Karnataka HC [Read Judgment]")