![Revisional Order passed in violation of Natural Justice, hence Invalid: Calcutta HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Revisional-Order-Natural-Justice-Calcutta-HC-taxscan.jpg "Revisional Order passed in violation of Natural Justice, hence Invalid: Calcutta HC [Read Order]")
Revisional Order passed in violation of Natural Justice, hence Invalid: Calcutta HC [Read Order]
While overruling a decision in writ petition filed by Unisource Hydro Carbon Services Private Limited & Anr, against the single judge bench...
![Calcutta HC quashes Re-Assessment for want of Sec 148A Notice: Imposes Rs. 5000 Cost on Assessee [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Calcutta-HC-Re-Assessment-148A-Notice-Assessee-taxscan.jpeg "Calcutta HC quashes Re-Assessment for want of Sec 148A Notice: Imposes Rs. 5000 Cost on Assessee [Read Order]")
![Writ Remedy cannot be invoked in Tax Matters as IT Act provides complete machinery for Assessment / Re-assessment: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Writ-Remedy-Tax-IT-Act-Assessment-Re-assessment-Delhi-High-Court-Taxscan.jpg "Writ Remedy cannot be invoked in Tax Matters as IT Act provides complete machinery for Assessment / Re-assessment: Delhi HC [Read Order]")
![Delhi HC quashes Sec 153A Assessments on ground of non-abated Assessments [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/04/Section-153A-of-the-Income-Tax-Act-Delhi-High-Court-S.-153A-Assessments-non-abated-Assessments-Taxscan.jpeg "Delhi HC quashes Sec 153A Assessments on ground of non-abated Assessments [Read Order]")
![Income Tax Notice challenged after 10 Months: Calcutta HC imposes Rs. 5000 on Assessee [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/04/Income-Tax-Notice-Calcutta-HighCourt-Assessee.jpeg "Income Tax Notice challenged after 10 Months: Calcutta HC imposes Rs. 5000 on Assessee [Read Order]")
Income Tax Penalty cannot be imposed for Claim of Expenditure due to Wrong Professional Advice: ITAT
The Bangalore bench of the Income Tax Appellate Tribunal (ITAT) has held that the income tax penalty under section 271(1) of the Income Tax Act, 1961 cannot be imposed for the claim of expenditure...
Interest from FDRs made for Business Purposes and for getting Tender shall be treated as 'Business Income': ITAT [Read Order]
The Jaipur bench of the Income Tax Appellate Tribunal (ITAT) has held that the interest income received from the FDRs made for business purposes and for getting the tender from the Electricity Board...
![Interest from FDRs made for Business Purposes and for getting Tender shall be treated as Business Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/04/Interest-FDRs-Tender-Business-Income-ITAT-taxscan.jpeg "Interest from FDRs made for Business Purposes and for getting Tender shall be treated as Business Income: ITAT [Read Order]")
Cash Transactions between Trust and Managing Trustee are not covered u/s 269SS of Income Tax Act: ITAT deletes Penalty [Read Order]
The Bangalore bench of the Income Tax Appellate Tribunal (ITAT) has held that the managing trustee of the society is not covered by the expression “any other persons” occurring in section 269SS or...
![Cash Transactions between Trust and Managing Trustee are not covered u/s 269SS of Income Tax Act: ITAT deletes Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/04/Cash-Transactions-Trust-Managing-Trustee-Income-Tax-Act-ITAT-Penalty-Taxscan.jpg "Cash Transactions between Trust and Managing Trustee are not covered u/s 269SS of Income Tax Act: ITAT deletes Penalty [Read Order]")
Delhi HC strikes down Explanation to CBDT Notifications for Re-Assessment after 31st March 2021, Quashes Notices [Read Order]
In a significant ruling, a division bench of the Delhi High Court comprising Mr. Justice Manmohan and Mr. Justice Dinesh Kumar Sharma has struck down the Explanations A(a)(ii)/A(b) to the...
![Delhi HC strikes down Explanation to CBDT Notifications for Re-Assessment after 31st March 2021, Quashes Notices [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/04/Delhi-High-Court-CBDT-Notifications-Re-Assessment.jpeg "Delhi HC strikes down Explanation to CBDT Notifications for Re-Assessment after 31st March 2021, Quashes Notices [Read Order]")
Writ Petition challenging Income Tax Notice: Calcutta HC Imposes Cost of Rs. 10,000 on Advocate for Rude and Disrespectful Behavior in Court [Read Order]
The Calcutta High Court, while considering a writ petition challenging an income tax notice, has imposed a cost of Rs. 10,000 on the Advocate appeared for the assessee-petitioner for his rude...
![Writ Petition challenging Income Tax Notice: Calcutta HC Imposes Cost of Rs. 10,000 on Advocate for Rude and Disrespectful Behavior in Court [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/04/Writ-Petition-Income-Tax-Notice-Calcutta-High-Court-Advocate-Disrespectful-Behavior-Rude-Court-Taxscan.jpg "Writ Petition challenging Income Tax Notice: Calcutta HC Imposes Cost of Rs. 10,000 on Advocate for Rude and Disrespectful Behavior in Court [Read Order]")
![Income Tax Dept issues Instructions for filing Form 10BD [Read Instructions]](https://www.taxscan.in/wp-content/uploads/2022/04/income-tax-department-Form-10BD-Income-tax-Taxscan.jpeg "Income Tax Dept issues Instructions for filing Form 10BD [Read Instructions]")