![e-Verification Scheme Update: Income tax Dept issues Instructions to AOs w.r.t. Proceedings u/s 147 of IT Act [Read Notification]](https://www.taxscan.in/wp-content/uploads/2024/03/e-Verification-Scheme-e-Verification-Scheme-Update-Income-tax-Dept-AOs-IT-Act-taxscan.jpg "e-Verification Scheme Update: Income tax Dept issues Instructions to AOs w.r.t. Proceedings u/s 147 of IT Act [Read Notification]")
e-Verification Scheme Update: Income tax Dept issues Instructions to AOs w.r.t. Proceedings u/s 147 of IT Act [Read Notification]
The Directorate of Income Tax (Systems) has recently issued e-Verification Instruction No. 2 (i) of 2024 on March 19, 2024, directing Assessing...
![Applicability of Sub-Section 115JB of Income Tax Act on Banking Company: SC condones Delay in SLP filed by Income Tax Dept [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/Income-Tax-Act-Banking-Company-SC-condones-Delay-SLP-Income-Tax-Dept-taxscan.jpg "Applicability of Sub-Section 115JB of Income Tax Act on Banking Company: SC condones Delay in SLP filed by Income Tax Dept [Read Order]")
![Relief to Adani Power: SC dismissed SLP filed by Income Tax Dept [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/Relief-to-Adani-Power-Adani-Power-SC-SLP-Income-Tax-Dept-taxscan.jpg "Relief to Adani Power: SC dismissed SLP filed by Income Tax Dept [Read Order]")
Madras HC directs Income Tax Dept to lift Attachment of Pension Account considering old Age of Pensioner [Read Order]
The Madras High Court directs the income tax department to lift the attachment of the pension account considering the age and ailment of the Pensioner. G.K.Reddy, the appellant/assessee filed a...
![Madras HC directs Income Tax Dept to lift Attachment of Pension Account considering old Age of Pensioner [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Madras-HC-Income-Tax-Dept-Madras-HC-directs-Income-Tax-Dept-Pension-Account-old-Age-of-Pensioner-taxscan.jpg "Madras HC directs Income Tax Dept to lift Attachment of Pension Account considering old Age of Pensioner [Read Order]")
Relief to Karnataka Renewable Energy Development: SC dismisses SLP by Income Tax Dept with delay of 104 days [Read Order]Â
The Supreme court dismissed the special leave petition of income tax department against the Karnataka renewable energy development which was filed with a delay of 104 days. The Special leave...
![Relief to Karnataka Renewable Energy Development: SC dismisses SLP by Income Tax Dept with delay of 104 days [Read Order]Â](https://www.taxscan.in/wp-content/uploads/2023/10/Relief-Karnataka-Renewable-Energy-Development-Relief-to-Karnataka-Renewable-Energy-Development-SC-SC-dismisses-SLP-taxscan.jpg "Relief to Karnataka Renewable Energy Development: SC dismisses SLP by Income Tax Dept with delay of 104 days [Read Order]Â")
Assessment of Income by NFAC without considering Deposited Amount: Kerala HC directs Income Tax Dept to dispose Appeal [Read Order]
The Kerala High Court directed the Income Tax Department to dispose of the appeal in relation the assessment of income by the National Faceless Assessment Centre (NFAC) without considering the...
![Assessment of Income by NFAC without considering Deposited Amount: Kerala HC directs Income Tax Dept to dispose Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Assessment-of-Income-by-NFAC-without-considering-Deposited-Amount-Kerala-HC-directs-Income-Tax-Dept-to-dispose-Appeal-TAXSCAN.jpg "Assessment of Income by NFAC without considering Deposited Amount: Kerala HC directs Income Tax Dept to dispose Appeal [Read Order]")
Mere adoption of information from Officer of investigation wing of Income Tax Dept cannot be characterized as bonafide belief of AO in absence of cogent material: ITAT quashes order of CIT(A)
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) he that alleged information from other officer of the dept. has to be reckoned as abstract, ba and bare one and thus has no rational...
Weight of Diamond shall be Excluded to Determine Gross Weight of Jewellery Seized by Income Tax Dept: ITAT [Read Order]
The Surat Bench of Income Tax Appellate Tribunal (ITAT) has held that the weight of diamonds should be excluded to determine the gross weight of jewellery seized by the Income Tax Department. A...
![Weight of Diamond shall be Excluded to Determine Gross Weight of Jewellery Seized by Income Tax Dept: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Weight-of-Diamond-Weight-of-Diamond-shall-be-Excluded-to-Determine-Gross-Weight-Gross-Weight-Gross-Weight-of-Jewellery-taxscan.jpg "Weight of Diamond shall be Excluded to Determine Gross Weight of Jewellery Seized by Income Tax Dept: ITAT [Read Order]")
"Assessee can't be Harassed for Change in System": Calcutta HC Slams Income Tax Dept for Not Knowing Appellate Authority under Faceless System [Read Order]
In a recent decision the Calcutta High Court slammed Income Tax Department for not knowing the Appellate Authority under the faceless system and noted that the "Assessee can't be Harassed for Change...
![Assessee cant be Harassed for Change in System: Calcutta HC Slams Income Tax Dept for Not Knowing Appellate Authority under Faceless System [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Assessee-cant-be-Harassed-for-Change-in-System-Calcutta-HC-Calcutta-High-Court-High-Court-Income-Tax-Dept-Income-Tax-taxscan.jpg "Assessee cant be Harassed for Change in System: Calcutta HC Slams Income Tax Dept for Not Knowing Appellate Authority under Faceless System [Read Order]")