![Delhi HC Quashes Notice u/s 148 of Income Tax Act for Improper Service on Foreign Entity [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/notice-Delhi-HC-Income-Tax-Act-TAXSCAN.jpg "Delhi HC Quashes Notice u/s 148 of Income Tax Act for Improper Service on Foreign Entity [Read Order]")
Delhi HC Quashes Notice u/s 148 of Income Tax Act for Improper Service on Foreign Entity [Read Order]
The High Court of Delhi, quashed the reassessment notice issued under Section 148 of the Income Tax Act,1961 against the petitioner, a...
![Disallowance of Bogus LTCG is Invalid in Absence of Incriminating Material: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/LTCG-income-tax-income-taxs-news-Incriminating-Material-Disallowance-of-Bogus-Income-Tax-act-TAXSCAN.jpg "Disallowance of Bogus LTCG is Invalid in Absence of Incriminating Material: ITAT [Read Order]")
![Delhi HC Set Aside Income Tax Transfer Orders Passed for Mere Administrative Convenience & Coordinated Investigation: Mandates Speaking Order with Proper Reasons & DIN [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Delhi-HC-delhi-high-court-high-court-Income-Tax-Income-Tax-Transfer-Orders-Administrative-Convenience-Coordinated-Investigation-taxscan.jpg "Delhi HC Set Aside Income Tax Transfer Orders Passed for Mere Administrative Convenience & Coordinated Investigation: Mandates Speaking Order with Proper Reasons & DIN [Read Order]")
Prior Period Income from Sale of Property chargeable to Income Tax in the year of Sale: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi bench, while directing the matter of the assessee for readjudication, held that prior period income from the sale of property shall be chargeable to...
![Prior Period Income from Sale of Property chargeable to Income Tax in the year of Sale: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Sale-of-Property-Prior-Period-Income-Income-from-Sale-of-Property-ITAT-ITAT-DELHI-INCOME-TAX-INCOME-TAX-ACT-TAXSCAN.jpg "Prior Period Income from Sale of Property chargeable to Income Tax in the year of Sale: ITAT [Read Order]")
Challenge on Nature of Interest Income Earned by Bangalore Metro Rail Corporation: Supreme Court Issues Notice [Read Order]
The Supreme Court of India, in the case of the challenge of the nature of Interest income earned by Bangalore Metro Rail Corporation, issued notice for further hearing. Mr Balbir Singh, the counsel...
A person who fails to avail Opportunity Granted to him Cannot Complain about Violation of Principles of Natural Justice: Kerala HC directs to File Appeal before Income Tax Appellate Tribunal [Read Order]
The Kerala High Court observed that a person who failed to avail opportunity granted to him cannot complain about violation of principles of natural justice and directed the petitioner to file appeal...
![A person who fails to avail Opportunity Granted to him Cannot Complain about Violation of Principles of Natural Justice: Kerala HC directs to File Appeal before Income Tax Appellate Tribunal [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Violation-of-Principles-Natural-Justice-Kerala-HC-File-Appeal-Income-Tax-Appellate-Tribunal-taxscan.jpg "A person who fails to avail Opportunity Granted to him Cannot Complain about Violation of Principles of Natural Justice: Kerala HC directs to File Appeal before Income Tax Appellate Tribunal [Read Order]")
Kerala HC directs Income Tax Commissioner to consider Stay Application based on Memorandum of CBDT [Read Order]
The Kerala High Court directed the Income Tax Commissioner to consider the stay application based on a memorandum of the Central Board of Direct Taxes (CBDT). Puliyammakkal Mathai Sebastian, the...
![Kerala HC directs Income Tax Commissioner to consider Stay Application based on Memorandum of CBDT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Kerala-HC-Income-Tax-Commissioner-Memorandum-of-CBDT-taxscan.jpg "Kerala HC directs Income Tax Commissioner to consider Stay Application based on Memorandum of CBDT [Read Order]")
Interest Income from investment in Co-operative bank governed by Tamil Nadu Co-operative Societies Act eligible for deduction u/s 80P(2)(d) of Income Tax [Read Order] Â
The Income Tax Appellate Tribunal (ITAT), Chennai Bench held that interest income from investments in cooperative banks governed by the Tamil Nadu Co-operative Societies Act is eligible for deduction...
![Interest Income from investment in Co-operative bank governed by Tamil Nadu Co-operative Societies Act eligible for deduction u/s 80P(2)(d) of Income Tax [Read Order] Â](https://www.taxscan.in/wp-content/uploads/2023/10/site-13-1.jpg "Interest Income from investment in Co-operative bank governed by Tamil Nadu Co-operative Societies Act eligible for deduction u/s 80P(2)(d) of Income Tax [Read Order] Â")
Principal Commissioner of Income Tax Can’t Assess Merits of Refund Claims; Kerala High Court Orders Fresh Consideration based solely on Delay Justification [Read Order]
The High Court of Kerala has held that the Principal Commissioner of Income Tax cannot assess the merits of refund claims but should focus solely on whether there are justifiable reasons for...
![Principal Commissioner of Income Tax Can’t Assess Merits of Refund Claims; Kerala High Court Orders Fresh Consideration based solely on Delay Justification [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Principal-Commissioner-of-Income-Tax-Refund-Claims-Kerala-High-Court-Fresh-Consideration-Delay-Justification-taxscan.jpg "Principal Commissioner of Income Tax Can’t Assess Merits of Refund Claims; Kerala High Court Orders Fresh Consideration based solely on Delay Justification [Read Order]")
Income Tax Raids Reveal Hidden Businesses in Educational Groups across Tamil Nadu and Puducherry; Uncovers unaccounted Fee Receipts of More than Rs. 400 crore
On October 5, 2023, the Income Tax Department initiated a comprehensive search and seizure operation targeting two distinct groups, primarily involved in operating educational institutions that offer...
