![Delhi HC quashes Income Tax Reassessment Advanced on Same Grounds as Prior Assessment and Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/Delhi-high-court-Income-Tax-Reassessment-Prior-Assessment-and-Order-Income-Tax-Taxscan.jpeg "Delhi HC quashes Income Tax Reassessment Advanced on Same Grounds as Prior Assessment and Order [Read Order]")
Delhi HC quashes Income Tax Reassessment Advanced on Same Grounds as Prior Assessment and Order [Read Order]
The Delhi High Court recently allowed a Petition seeking to quash an impugned reassessment order issued by the Income Tax Officer, Ward-63(1), Delhi...
![Misleading Advice by Auditor Led to Excess Income Tax Payment: ITAT Orders Rectification [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/ITAT-ITAT-Bangalore-ITAT-Orders-Excess-Income-Tax-Excess-Income-Tax-Payment-Auditor-Taxscan-.jpg "Misleading Advice by Auditor Led to Excess Income Tax Payment: ITAT Orders Rectification [Read Order]")
![Karnataka HC sets aside Income Tax Order Passed u/s 201(1) & 201(1A), exceeding reasonable period of 4 years [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Karnataka-HC-Income-Tax-Order-exceeding-period-4-years-taxscan.jpg "Karnataka HC sets aside Income Tax Order Passed u/s 201(1) & 201(1A), exceeding reasonable period of 4 years [Read Order]")
![No Penalty after Completion of Scrutiny Assessment u/s 143(3) of IT Act, when necessary Evidence is Furnished: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Income-Tax-Scrutiny-Assessment-Delhi-High-Court-ITAT-penalty-TAXSCAN.jpg "No Penalty after Completion of Scrutiny Assessment u/s 143(3) of IT Act, when necessary Evidence is Furnished: ITAT [Read Order]")
![Income Tax Deposit already made under IDS: Bombay HC directs Dept to Issue Certificates [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Income-Tax-Bombay-HC-Income-tax-IDS-scheme-IDS-2016-TAXSCAN.jpg "Income Tax Deposit already made under IDS: Bombay HC directs Dept to Issue Certificates [Read Order]")
JCIT cannot Transfer Case u/s 127 to Subordinate Officer without Hearing Assessee: Patna HC [Read Order]
The Joint Commissioner of Income Tax ( JCIT ) cannot transfer a case to the subordinate officer behind the back of the assessee. The Patna High Court ruled that the transfer shall take place only...
![Delay in Filing ITR due to Age and Depression: Rajasthan HC Condones Delay [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/07/Rajasthan-High-Court-ITR-Due-Income-Tax-Return-ITR-Tax-news-Taxscan.jpeg "Delay in Filing ITR due to Age and Depression: Rajasthan HC Condones Delay [Read Order]")
Information from ‘Insight Portal’ Valid for Reassessment u/s 148 of Income Tax Act: Rajasthan HC dismisses Writ Petitions [Read Order]
The Rajasthan High Court has dismissed a writ petition, upholding the use of information gleaned from the ‘insight portal’ of the Income Tax Department as grounds for reopening income tax assessments...
![Information from ‘Insight Portal’ Valid for Reassessment u/s 148 of Income Tax Act: Rajasthan HC dismisses Writ Petitions [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/Rajasthan-High-Court-Rajasthan-HC-dismisses-Writ-Petitions-Reassessment-under-section-148-taxscan.jpg "Information from ‘Insight Portal’ Valid for Reassessment u/s 148 of Income Tax Act: Rajasthan HC dismisses Writ Petitions [Read Order]")
Sufficient Reasons recorded in Delay Condonation Application: Kerala HC stays Income Tax Recovery Proceedings during Pendency of Appeal [Read Order]
The Income Tax Commissioner (Appeals) has taken technical view in dismissing the application to condone the delay and in consequently dismissing the appeal. The Kerala High Court stayed the income...
![Sufficient Reasons recorded in Delay Condonation Application: Kerala HC stays Income Tax Recovery Proceedings during Pendency of Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/Income-tax-commissioner-Kerala-high-court-tax-recovery-proceeding-Condonation-of-delay-TAXSCAN.jpg "Sufficient Reasons recorded in Delay Condonation Application: Kerala HC stays Income Tax Recovery Proceedings during Pendency of Appeal [Read Order]")
Failure to produce documents with respect to LTCG arising out of Purchase and Sale of Shares: ITAT upholds Addition [Read Order]
The Chennai bench of Income Tax Appellate Tribunal ( ITAT ) held that the assessee failed to produce the documents with respect to Long Term Capital Gain ( LTCG ) arising out of the...
![Failure to produce documents with respect to LTCG arising out of Purchase and Sale of Shares: ITAT upholds Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/ITAT-ITAT-Chennai-LTCG-ITAT-upholds-Addition-Purchase-and-Sale-of-Shares-Tax-news-Taxscan.jpg "Failure to produce documents with respect to LTCG arising out of Purchase and Sale of Shares: ITAT upholds Addition [Read Order]")
Tax Benefit Claim under Income Tax Act on Under-Construction Property: ITAT Directs to Calculate Benefit Based on Date of PossessionÂ
The Mumbai bench of the Income-tax Appellate Tribunal ( ITAT ) has held that in the case of an under-construction property, the date of possession must be considered to determine the eligibility of a...
