![Income Tax proceedings against CIRP: Delhi HC stays Demand and Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Income-Tax-CIRP-Delhi-HC-Demand-Penalty-Taxscan.jpeg "Income Tax proceedings against CIRP: Delhi HC stays Demand and Penalty [Read Order]")
Income Tax proceedings against CIRP: Delhi HC stays Demand and Penalty [Read Order]
Adivision bench of the Delhi High Court consists of Justice Manmohan and Justice Manmeet Pritam Singh has stayed an income tax assessment order and...
![Income Tax on Virtual Digital Assets: CBDT issues Guidelines on 1% TDS from 1st July [Read Circular]](https://www.taxscan.in/wp-content/uploads/2022/06/Income-Tax-Virtual-Digital-Assets-CBDT-Guidelines-TDS-Taxscan.jpg "Income Tax on Virtual Digital Assets: CBDT issues Guidelines on 1% TDS from 1st July [Read Circular]")
![Income Tax Penalty cannot be levied for Bonafide and Inadvertent Mistake resulted in Excess Claim of Deduction: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/IncomeTax-Penalty-Bonafide-Claim-Deduction-ITAT-taxscan.jpeg "Income Tax Penalty cannot be levied for Bonafide and Inadvertent Mistake resulted in Excess Claim of Deduction: ITAT [Read Order]")
![Income Tax: CBDT issues Circular regarding Compliance Check Functionality for TDS [Read Circular]](https://www.taxscan.in/wp-content/uploads/2022/06/Income-Tax-CBDT-Circular-Compliance-Check-Functionality-TDS-Techxmedia.jpeg "Income Tax: CBDT issues Circular regarding Compliance Check Functionality for TDS [Read Circular]")
![CBDT notifies Re-designation of Income Tax Officials [Read Notification]](https://www.taxscan.in/wp-content/uploads/2022/06/CBDT-Re-designation-Income-Tax-Officials-Income-Tax-Taxscan.jpg "CBDT notifies Re-designation of Income Tax Officials [Read Notification]")
![Income Tax collected through Vivad Se Viswas Scheme, Penalty cannot Sustain: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Income-Tax-Vivad-Se-Viswas-Scheme-Penalty-ITAT-taxscan.jpg "Income Tax collected through Vivad Se Viswas Scheme, Penalty cannot Sustain: ITAT [Read Order]")
![Income Tax leviable on Tuition Fee in the Year of Rendering of Services: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Income-Tax-Tuition-Fee-Rendering-of-Services-ITAT-Taxscan.jpeg "Income Tax leviable on Tuition Fee in the Year of Rendering of Services: ITAT [Read Order]")
Levy of Income Tax on Both Land Owner and GPA Holder for Same Income amount to Double Taxation: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Visakhapatnam bench consisting of Shri Duvvuru R L Reddy, Judicial Member, and Shri S Balakrishnan, Accountant Member held that levy of Income-tax on both...
![Levy of Income Tax on Both Land Owner and GPA Holder for Same Income amount to Double Taxation: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Income-Tax-Land-Owner-GPA-Holder-Income-Double-Taxation-ITAT-taxscan.jpg "Levy of Income Tax on Both Land Owner and GPA Holder for Same Income amount to Double Taxation: ITAT [Read Order]")
No Proper Reason for Non-Appearance before Income Tax Authorities: ITAT imposes Cost of Rs. 10,000 on Assessee [Read Order]
The Income Tax Appellate Tribunal (ITAT), Bangalore bench has imposed a cost of Rs. 10,000 on the assessee for not giving proper reasons for the non-appearance before the income tax authorities. ...
![No Proper Reason for Non-Appearance before Income Tax Authorities: ITAT imposes Cost of Rs. 10,000 on Assessee [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Non-Appearance-Income-Tax-Authorities-ITAT-Assessee-Income-tax-Taxscan.jpg "No Proper Reason for Non-Appearance before Income Tax Authorities: ITAT imposes Cost of Rs. 10,000 on Assessee [Read Order]")
‘Change of Opinion’ cannot be alleged If AO found Fresh Tangible Materials to re-Open Assessment: Delhi HC [Read Order]
While dismissing a writ petition challenging a re-assessment under section 147/148 of the Income Tax Act, 1961, the Delhi High Court has held that ‘change of opinion’ cannot be alleged if there is...
![‘Change of Opinion’ cannot be alleged If AO found Fresh Tangible Materials to re-Open Assessment: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/AO-found-Tangible-Materials-re-Open-Assessment-Delhi-HC-taxscan.jpeg "‘Change of Opinion’ cannot be alleged If AO found Fresh Tangible Materials to re-Open Assessment: Delhi HC [Read Order]")