![Property Purchased by Coparceners of HUF in their Individual Capacity is Assessable u/s 64(2)(b): ITAT upholds Revision [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Property-Purchased-HUF-Individual-Capacity-ITAT-Taxscan.jpg "Property Purchased by Coparceners of HUF in their Individual Capacity is Assessable u/s 64(2)(b): ITAT upholds Revision [Read Order]")
Property Purchased by Coparceners of HUF in their Individual Capacity is Assessable u/s 64(2)(b): ITAT upholds Revision [Read Order]
The Chennai Income Tax Appellate Tribunal (ITAT) presided by Mr. Mahavir Singh, Vice President and Mr. Manoj Kumar Aggarwal, Accountant Member has...
![Scope of Limited Scrutiny is Confined: ITAT quashes Revision since Original Assessment was initiated to Cash Deposits during Demonetization [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Scrutiny-ITAT-Assessment-Cash-Deposits-Demonetization-taxscan.jpg "Scope of Limited Scrutiny is Confined: ITAT quashes Revision since Original Assessment was initiated to Cash Deposits during Demonetization [Read Order]")
![Delhi HC directs to Refund Amount Adjusted towards Disputed Tax Demand prior to issuance of Setoff of Refund order u/s 245 [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Delhi-HC-Refund-Amount-Disputed-Tax-Demand-Refund-taxscan.jpg "Delhi HC directs to Refund Amount Adjusted towards Disputed Tax Demand prior to issuance of Setoff of Refund order u/s 245 [Read Order]")
![Appeal against Scrutiny Assessment pending Adjudication: ITAT quashes Revision proceedings Initiated by PCIT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Appeal-Scrutiny-Assessment-Adjudication-ITAT-PCIT-taxscan.jpeg "Appeal against Scrutiny Assessment pending Adjudication: ITAT quashes Revision proceedings Initiated by PCIT [Read Order]")
![Personal Hearing through Chat Messages not Sufficient: Calcutta HC quashes Order for Not following Natural Justice Principles [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Personal-Hearing-Chat-Messages-Calcutta-High-Court-Order-Natural-Justice-Principles-Taxscan.jpeg "Personal Hearing through Chat Messages not Sufficient: Calcutta HC quashes Order for Not following Natural Justice Principles [Read Order]")
Limited Scrutiny can be converted to Complete Scrutiny only with Approval of PCIT in writing: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Ahmedabad bench comprising of Shri Mahavir Prasad, JM & Shri Waseem Ahmed, AM held that the AO can convert the Limited Scrutiny to Complete scrutiny on...
![Limited Scrutiny can be converted to Complete Scrutiny only with Approval of PCIT in writing: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/scrutiny-PCIT-ITAT-taxscan.jpg "Limited Scrutiny can be converted to Complete Scrutiny only with Approval of PCIT in writing: ITAT [Read Order]")
Original Assessment completed with Adequate Inquiry and Examination of Facts: ITAT quashes Revision Order [Read Order]
The Income Tax Appellate Tribunal (ITAT), Kolkata bench comprising the Sri Manish Borad, Accountant Member & Sri Sonjoy Sarma, Judicial Member has held that the revisional jurisdiction under...
![Original Assessment completed with Adequate Inquiry and Examination of Facts: ITAT quashes Revision Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Assessment-Inquiry-Examination-ITAT-Revision-taxscan.jpeg "Original Assessment completed with Adequate Inquiry and Examination of Facts: ITAT quashes Revision Order [Read Order]")
Dept shall exercise Power to Grant Stay Order Judiciously by Balancing Convenience and Irreparable Injury: Delhi HC [Read Order]
The Delhi High Court consisting of Justice Manmohan and Justice Dinesh Kumar Sharma has held that the income tax department shall exercise the power to grant a stay order judicially by considering...
![Dept shall exercise Power to Grant Stay Order Judiciously by Balancing Convenience and Irreparable Injury: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Department-stay-order-judicially-Delhi-High-Court-Irreparable-Injury-Taxscan.jpeg "Dept shall exercise Power to Grant Stay Order Judiciously by Balancing Convenience and Irreparable Injury: Delhi HC [Read Order]")
![ACIT cannot Sanction Re-assessment Notice After Expiry Of 4 Years: Bombay HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/04/ACIT-Re-assessment-Notice-Re-assessment-Bombay-High-Court-Taxscan.jpeg "ACIT cannot Sanction Re-assessment Notice After Expiry Of 4 Years: Bombay HC [Read Order]")
Assessing Officer doesn’t have Jurisdiction to Travel Beyond Issues found during Scrutiny Assessment: ITAT quashes Revisional Order [Read Order]
The ITAT, Kolkata bench has recently held that the Commissioner, while invoking his jurisdiction under section 263 of the Income Tax Act, 1961 cannot point out the issues other than the issue taken...
![Assessing Officer doesn’t have Jurisdiction to Travel Beyond Issues found during Scrutiny Assessment: ITAT quashes Revisional Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/AO-Jurisdiction-Travel-Scrutiny-Assessment-ITAT-taxscan.jpeg "Assessing Officer doesn’t have Jurisdiction to Travel Beyond Issues found during Scrutiny Assessment: ITAT quashes Revisional Order [Read Order]")
Revisional Order cannot passed just because the decision of the Assessing Officer is not to the liking of PCIT: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi bench has held that the revisional jurisdiction under section 263 of the Income Tax Act, 1961 cannot be passed merely because the decision of the...
![Revisional Order cannot passed just because the decision of the Assessing Officer is not to the liking of PCIT: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/Revisional-Order-Assessing-Officer-liking-of-PCIT-ITAT-Taxscan.jpg "Revisional Order cannot passed just because the decision of the Assessing Officer is not to the liking of PCIT: ITAT [Read Order]")