NFRA debars Burnpur Cements' CA for 5 Years for Audit Lapses, Imposes Fine of Rs. 5 Lakhs [Read Order]
The National Financial Reporting Authority (NFRA) has debarred the Chartered Accountant of Burnpur Cements from practicing for a period of 5 years...
![Notice u/s 143(2) of Income Tax Act is Condition Precedent for Framing of Income Tax Assessment: Madras HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Income-Tax-Act-Condition-Precedent-Framing-Income-Tax-Assessment-Madras-HC-TAXSCAN.jpg "Notice u/s 143(2) of Income Tax Act is Condition Precedent for Framing of Income Tax Assessment: Madras HC [Read Order]")
![Incriminating Statements by Third Parties Cannot Be Used for Addition in Income Tax Assessment: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Incriminating-Statements-by-Third-Parties-Incriminating-Statements-Income-Tax-Assessment-ITAT-taxscan.jpg "Incriminating Statements by Third Parties Cannot Be Used for Addition in Income Tax Assessment: ITAT [Read Order]")
![Notice u/s 143(2) not issued by AO: ITAT quashes Income Tax Assessment Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Notice-AO-ITAT-Income-Tax-Assessment-Order-Assessment-Order-Income-Tax-taxscan.jpg "Notice u/s 143(2) not issued by AO: ITAT quashes Income Tax Assessment Order [Read Order]")
![Income Tax Assessment u/s 153 A must be based on Incriminating Material: SC [Read Judgement]](https://www.taxscan.in/wp-content/uploads/2023/05/Income-Tax-Assessment-Income-Tax-Assessment-Incriminating-Material-Supreme-Court-Taxscan.jpg "Income Tax Assessment u/s 153 A must be based on Incriminating Material: SC [Read Judgement]")
Supreme Court upholds quashing of Income Tax Assessment Proceedings initiated u/s 153C for Lack of Incriminating Evidence [Read Judgement]
The Supreme Court has recently upheld the quashing of reassessment proceedings by the jurisdictional High Court and dismissed a bunch of appeals of the revenue in the absence of any incriminating...
![Supreme Court upholds quashing of Income Tax Assessment Proceedings initiated u/s 153C for Lack of Incriminating Evidence [Read Judgement]](https://www.taxscan.in/wp-content/uploads/2023/05/Supreme-Court-upholds-Supreme-Court-Income-Tax-Assessment-Proceedings-Income-Tax-Lack-of-Incriminating-Evidence-Incriminating-Evidence-taxscan.jpg "Supreme Court upholds quashing of Income Tax Assessment Proceedings initiated u/s 153C for Lack of Incriminating Evidence [Read Judgement]")
Death of Assessee during Income Tax Assessment Proceedings: ITAT directs Re-Adjudication [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal ( ITAT ) has directed re-adjudication noticing the death of assessee during the income tax assessment proceeding. The assessee Salochna Devi is a...
![Death of Assessee during Income Tax Assessment Proceedings: ITAT directs Re-Adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Income-Tax-Assessment-Income-Tax-Assessment-ITAT-Re-Adjudication-Taxscan.jpg "Death of Assessee during Income Tax Assessment Proceedings: ITAT directs Re-Adjudication [Read Order]")
Jharkhand HC Refuse to grant pre-arrest bail on an offence under Prevention of Corruption Act [Read Order]
Jharkhand High Court refused to grant pre-arrest bail on an offence under prevention of corruption Act 1988. Akash Agarwal,the applicant filed an application for pre-arrest bail in respect of...
![Jharkhand HC Refuse to grant pre-arrest bail on an offence under Prevention of Corruption Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Jharkhand-HC-Jharkhand-High-Court-pre-arrest-bail-Prevention-of-Corruption-Act-Corruption-Act-bail-pre-arrest-taxscan-.jpg "Jharkhand HC Refuse to grant pre-arrest bail on an offence under Prevention of Corruption Act [Read Order]")
Income Tax Assessment u/s 153A without incriminating material found in search: Supreme Court commences hearing [Read Order]
The Supreme Court of India has commenced the hearing of a bunch of civil appeals and petitions with regard to the income tax assessment under Section 153A of the Income Tax Act, 1961. The first...
![Income Tax Assessment u/s 153A without incriminating material found in search: Supreme Court commences hearing [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Income-Tax-Assessment-Income-Tax-incriminating-material-Supreme-Court-Supreme-Court-commences-hearing-Income-tax-Taxscan.jpg "Income Tax Assessment u/s 153A without incriminating material found in search: Supreme Court commences hearing [Read Order]")