![Reasons recorded for Reopening Reassessment to be Examined on Standalone Basis to Determine validity of Proceedings u/s 147 of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Reopening-Reassessment-Reassessment-Reopening-Standalone-Basis-Proceedings-validity-of-Proceedings-Income-Tax-Act-Income-Tax-ITAT-taxscan.jpg "Reasons recorded for Reopening Reassessment to be Examined on Standalone Basis to Determine validity of Proceedings u/s 147 of Income Tax Act: ITAT [Read Order]")
Reasons recorded for Reopening Reassessment to be Examined on Standalone Basis to Determine validity of Proceedings u/s 147 of Income Tax Act: ITAT [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) recently observed that the reasons, as recorded forreopening the reassessment, are to be...
![ITAT Imposes Cost of Rs. 25,000 on Jet Airways for being Delinquent during Income Tax Proceedings [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/ITAT-ITAT-Imposes-Cost-Jet-Airways-Delinquent-Income-Tax-Proceedings-Income-Tax-Taxscan.jpg "ITAT Imposes Cost of Rs. 25,000 on Jet Airways for being Delinquent during Income Tax Proceedings [Read Order]")
![Income Tax proceedings Against Dead Person Invalid: ITAT directs Re-Adjudication as AO was Not Aware of Death of Assessee [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Income-Tax-proceedings-Income-Tax-Tax-ITAT-Re-Adjudication-Aware-of-Death-Taxscan.jpg "Income Tax proceedings Against Dead Person Invalid: ITAT directs Re-Adjudication as AO was Not Aware of Death of Assessee [Read Order]")
![Re-Assessment based on Change of Opinion: Bombay HC Quashes Income Tax Proceedings against Mumbai Postal Employees [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Re-Assessment-Bombay-Highcourt-Income-Tax-Proceedings-Mumbai-Postal-Employees-Income-Tax-taxscan.jpg "Re-Assessment based on Change of Opinion: Bombay HC Quashes Income Tax Proceedings against Mumbai Postal Employees [Read Order]")
![Unsigned Re-Assessment Notice is Invalid: Bombay HC quashes Income Tax Proceedings [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Re-Assessment-Notice-Bombay-HC-Income-Tax-Proceedings-TAXSCAN.jpg "Unsigned Re-Assessment Notice is Invalid: Bombay HC quashes Income Tax Proceedings [Read Order]")
“Reasonable and Effective Opportunities” should be given to Taxpayers during Income Tax Proceedings: ITAT [Read Order]
While relying on the landmark judgment of the Apex Court in the case of Maneka Gandhi v. Union of India, the Income Tax Appellate Tribunal (ITAT), Pune bench has held that the assessee should be...
![“Reasonable and Effective Opportunities” should be given to Taxpayers during Income Tax Proceedings: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Reasonable-and-Effective-Opportunities-Taxpayers-Income-Tax-Proceedings-ITAT-Income-Tax-Income-taxscan-.jpg "“Reasonable and Effective Opportunities” should be given to Taxpayers during Income Tax Proceedings: ITAT [Read Order]")
![ITAT imposes Cost of Rs. 5,000 for Negligent Attitude during Income Tax proceedings [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/ITAT-Negligent-Attitude-Income-Tax-proceedings-taxscan.jpeg "ITAT imposes Cost of Rs. 5,000 for Negligent Attitude during Income Tax proceedings [Read Order]")
Closure of Business is a Reasonable Cause for Non-cooperation with Income Tax proceedings: ITAT quashes Ex-Parte Order [Read Order]
The Income Tax Appellate Tribunal (ITAT), Ahmedabad bench has quashed an assessment order and asked the AO to re-consider the matter afresh by observing that the closure of business is a reasonable...
![Closure of Business is a Reasonable Cause for Non-cooperation with Income Tax proceedings: ITAT quashes Ex-Parte Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Closure-of-Business-Reasonable-Cause-Non-cooperation-Income-Tax-proceedings-ITAT-Ex-Parte-Order-Taxscan.jpeg "Closure of Business is a Reasonable Cause for Non-cooperation with Income Tax proceedings: ITAT quashes Ex-Parte Order [Read Order]")
Conducting Inquiry and Providing Opportunity before Re-Assessment Notice: Calcutta High Court stays Income Tax Proceedings [Read Order]
The Calcutta High Court has put the re-assessment proceedings initiated by the income tax department while granting interim relief to the assessee on the ground that the provisions of section 148A...
![Conducting Inquiry and Providing Opportunity before Re-Assessment Notice: Calcutta High Court stays Income Tax Proceedings [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/08/Re-Assessment-Notice-Calcutta-High-Court-Income-Tax-Proceedings-Taxscan.jpg "Conducting Inquiry and Providing Opportunity before Re-Assessment Notice: Calcutta High Court stays Income Tax Proceedings [Read Order]")
Budget 2021: Time Limit for Re-Assessment is reduced, Serious Tax Evasion Cases can be re-opened within 10 Years [Read Finance Bill]
The Finance Minister, Nirmala Sitharaman while announcing the Budget 2021-22 has proposed to reduce Time for Income Tax Proceedings. The Finance Minister in the Union Budget 2021 recommendations...
