![No Reopening of Assessment under Income Tax Act when Reasons cited was inspired from Change of Opinion of AO: Madras HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/Madras-high-court-Income-tax-Reopening-of-assessment-AO-opinion-in-reopening-of-assessment-Madras-High-Court-ruling-in-reopening-of-assessment-TAXSCAN.jpg "No Reopening of Assessment under Income Tax Act when Reasons cited was inspired from Change of Opinion of AO: Madras HC [Read Order]")
No Reopening of Assessment under Income Tax Act when Reasons cited was inspired from Change of Opinion of AO: Madras HC [Read Order]
In a recent decision the Madras High Court observed that no reopening of Assessment under Income Tax Act, 1961 can be made when the reasons cited was...
![Relief to Lenovo: Madras HC directs to Refund GST Amount within 30 Days [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/Madras-HC-Madras-high-court-GST-GST-Refund-Lenovo-GST-refund-Madras-HC-ruling-on-GST-Lenovo-India-tax-news-Lenovo-TAXSCAN.jpg "Relief to Lenovo: Madras HC directs to Refund GST Amount within 30 Days [Read Order]")
![Section 248 of Income Tax Act is inapplicable to Declaration and Distribution of Dividend by Company to its Shareholders: Madras HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/madras-high-court-madras-hc-Madras-HC-judgment-on-dividend-taxation-Dividend-distribution-and-taxation-taxscan.jpg "Section 248 of Income Tax Act is inapplicable to Declaration and Distribution of Dividend by Company to its Shareholders: Madras HC [Read Order]")
Rs. 19000 Cr Buyback Dividend Distribution Income Tax Notice against Cognizant Technology: Madras HC stays Rs. 9403.09 Cr Demand [Read Order]
The Madras High Court has temporarily stayed the tax demand of Rs. 9,403.09 crore associated with the Cognizant Technology's Rs. 19,000 crore buyback dividend distribution tax dispute. Justices R....
![Rs. 19000 Cr Buyback Dividend Distribution Income Tax Notice against Cognizant Technology: Madras HC stays Rs. 9403.09 Cr Demand [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/Buyback-Dividend-Distribution-Dividend-Income-Tax-Notice-Income-Tax-Cognizant-Technology-TAXSCAN.jpg "Rs. 19000 Cr Buyback Dividend Distribution Income Tax Notice against Cognizant Technology: Madras HC stays Rs. 9403.09 Cr Demand [Read Order]")
Assessment Order Passed without Considering Request of Personal Hearing Through Video Conference: Madras HC Quashes Assessment Order [Read Order]
The Madras High Court has quashed the assessment order passed without considering the assessee's request for a personal hearing through video conference. The bench directed to provide personal...
[BREAKING]Cash Crunch led to Belated Filing of GSTR-3B: Madras HC remands ITC Claim for Fresh Consideration
A Single Bench of Madras High Court has remanded the Input Tax Credit (ITC) Claim of Assessee owing to cash crunch that led the assessee to file GSTR-3B and GSTR-2 belatedly and in offline modes,...
![[BREAKING]Cash Crunch led to Belated Filing of GSTR-3B: Madras HC remands ITC Claim for Fresh Consideration](https://www.taxscan.in/wp-content/uploads/2023/12/Belated-Filing-of-GSTR-3B-Cash-Crunch-Filing-of-GSTR-3B-GSTR-3B-Madras-HC-ITC-Claim-Input-Tax-Credit-madras-high-court-TAXSCAN.jpg "[BREAKING]Cash Crunch led to Belated Filing of GSTR-3B: Madras HC remands ITC Claim for Fresh Consideration")
Service of Notice through GST Portal to Assessee whose Registration was Canceled is Invalid: Madras HC
A Single bench of the Madras High Court quashed an order initiated by Revenue against assessee. Revenue had taken action against the assessee for the non filing of returns. Revenue had also canceled...
Allegation of Sand Mining: Madras HC remarks ED summons to District Collectors a “Fishing Expedition” without Evidence of Crime Proceeds [Read Order]
In a significant case the Madras High court on allegation on sand mining case observed that the Enforcement Directorate (ED) had tried to carry out a "fishing inquiry" into sand mining...
Denial of GST Exemption for Imported Wheat Clearance Services: Madras HC quashes AAR ruling against Naga Ltd's Supplier [Read Order]
The Madras High Court, in a significant move, quashed the ruling of the Authority of Advance Ruling (AAR) against the supplier of Naga Limited, being unsustainable on the correctness of the...
Petitioner suffering adverse civil consequences gains locus to challenge: Madras HC allows Writ Petition by Naga Ltd against AAR Ruling to Supplier
A Single Bench of the Madras High Court has allowed the writ petition of Naga Limited, in recognition of it’s locus standi, arising out of civil consequences of AAR Ruling against its supplier,...
