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No Tangible Evidence of GE Renewables' Permanent Establishment in India: Delhi HC Quashes Income Tax Reassessment [Read Order]

Kavi Priya

In a recent judgment, the Delhi High Court quashed the reopening of income tax assessments initiated against GE Renewables Grid LLC (formerly known...

Bombay HC Quashes Income Tax Reassessment Over Change of Opinion and No Failure to Disclose Facts...

No Income Tax Reassessment on Incidental or Tangential Findings w/out fulfilling S.150 conditions:...

Notice to Merged Entity Void ab intio: ITAT strikes down Income Tax Reassessment u/s 148 [Read...

Relief to IBIBO Group: Delhi HC drops Income Tax Reassessment Proceedings for AY 2015-16 [Read...

Income Tax Reassessment gone wrong: ITAT sets aside Order for Incorrect Invocation of Section 148 [Read Order]

The Delhi Bench of Income Tax Appellate Tribunal (ITAT) quashed the reassessment initiated under an invalid notice issued under Section 148 of the Income Tax Act, 1961 and deleted additions amounting...

TOLA, 2020 does not affect Sanction Powers for Income Tax Reassessment: Delhi HC [Read Order]

In a recent ruling of Delhi High Court it cleared that the Taxation and Other Laws [ TOLA ( Relaxation and Amendment of Certain Provisions ) Act, 2020 ] authorisation only enables the competent...

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 against the Financials of the Petitioner...

Income Tax Reassessment Initiation must be Evaluated Separately from AO's Post-Reopening Powers: Delhi HC [Read Order]

The Delhi High Court ruled that the validity of the initiation of reassessment under Sections 147 and 148 of the Income Tax Act must be evaluated independently, and should not be conflated with the...

Modified Income Tax Reassessment Proceedings under Finance Act 2021 ignored while issuing Notice: Telangana HC sets aside Notice [Read Order]

The Telangana High Court set aside the notice and consequential income tax orders as it was issued without complying with the modified income tax reassessment proceedings as per Finance Act 2021. The...

No Jurisdiction for JAO to Issue Income Tax Reassessment Notices outside NFAC Framework: Bombay HC [Read Order]

The Bombay High Court ruled that the Jurisdictional Assessing Officer (JAO) loses authority to issue reassessment notices under Section 148A(b) and take subsequent actions under Section 148A(d) and...

Income Tax Reassessment after Expiry of 4 years due to Non-Filing of GST by Supplier is Invalid: ITAT [Read Order]

The Mumbai Bench of Income Tax Appellate Tribunal ( ITAT ) has held that no reopening can be done after the expiry of four years from the end of the relevant assessment year unless any income...