![Section 115BBE of Income Tax Act cannot be held Unconstitutional on ground that there is Apprehension of Misuse: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/Income-Tax-Act-Unconstitutional-Apprehension-of-Misuse-Delhi-HC-delhi-high-court-taxscan.jpg "Section 115BBE of Income Tax Act cannot be held Unconstitutional on ground that there is Apprehension of Misuse: Delhi HC [Read Order]")
Section 115BBE of Income Tax Act cannot be held Unconstitutional on ground that there is Apprehension of Misuse: Delhi HC [Read Order]
The Delhi High Court in a significant ruling held that Section 115BBE of the Income Tax Act, 1961 cannot be held unconstitutional on ground that...
![Corpus Specific Voluntary Contribution is a Capital Receipt and cant be offered to Tax in case of Trust not Registered u/s 12A: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/Capital-Receipt-ITAT-Income-Tax-Appellate-Tribunal-TAXSCAN.jpg "Corpus Specific Voluntary Contribution is a Capital Receipt and cant be offered to Tax in case of Trust not Registered u/s 12A: ITAT [Read Order]")
![No addition shall be made on Supervisory and Risk Management Expenses incurred in Insurance Brokerage Business for Prospective Clients: Delhi HC upholds ITAT Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/No-addition-shall-be-made-Supervisory-and-Risk-Management-Expenses-Risk-Management-Expenses-Insurance-Brokerage-Business-Delhi-High-Court-ITAT-Income-Tax-TAXSCAN-4.jpg "No addition shall be made on Supervisory and Risk Management Expenses incurred in Insurance Brokerage Business for Prospective Clients: Delhi HC upholds ITAT Order [Read Order]")
PCIT u/s 119(2) (b) has no power to consider Merits of Claim while Condoning Delay in Filing Return: Kerala HC dismisses Writ Petition [Read Order]
The Kerala High Court while dismissing the writ petition has held that Principal Commissioner of Income Tax (PCIT) under section 119(2) (b) of the Income Tax Act, 1961 has no power to consider merits...
![PCIT u/s 119(2) (b) has no power to consider Merits of Claim while Condoning Delay in Filing Return: Kerala HC dismisses Writ Petition [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/PCIT-Condoning-Delay-in-Filing-Return-Kerala-High-Court-Writ-Petition-Merits-of-Claim-Condoning-Delay-.jpg "PCIT u/s 119(2) (b) has no power to consider Merits of Claim while Condoning Delay in Filing Return: Kerala HC dismisses Writ Petition [Read Order]")
PCIT has No Power to Consider Merits of Refund Application under Income Tax Act: Kerala HC [Read Order]
The Kerala High Court has held that the Principal Commissioner of Income Tax (PCIT) has no power to consider the merits of refund application under the Income Tax Act, 1961. Kaizen Projects and...
![PCIT has No Power to Consider Merits of Refund Application under Income Tax Act: Kerala HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/Principal-Commissioner-of-Income-Tax-Merits-of-Refund-Application-Refund-Application-Income-Tax-Act-Kerala-High-Court-TAXSCAN.jpg "PCIT has No Power to Consider Merits of Refund Application under Income Tax Act: Kerala HC [Read Order]")
PCIT has no Jurisdiction to Revise Assessment u/s 263 of the Income Tax Act When Assessment Order Attained Finality by Court Order: Madras HC [Read Order]
The Madras High Court has held that the Principal Commissioner of Income Tax (PCIT) has no jurisdiction to revise the assessment under section 263 of the Income Tax Act when the assessment order...
![PCIT has no Jurisdiction to Revise Assessment u/s 263 of the Income Tax Act When Assessment Order Attained Finality by Court Order: Madras HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Madras-High-Court-Assessment-Order-Court-Order-Jurisdiction-taxscan.jpg "PCIT has no Jurisdiction to Revise Assessment u/s 263 of the Income Tax Act When Assessment Order Attained Finality by Court Order: Madras HC [Read Order]")
CBDT Issues Instructions on Revised Timelines and Limits for Withholding Refunds under Section 245(2) of Income-tax Act [Read Order]
The Central Board of Direct Taxes (CBDT) vide Instruction No. 02/2023 dated November 10, 2023 has notified the Instruction regarding revision of timelines and monetary limits as well as revision of...
![CBDT Issues Instructions on Revised Timelines and Limits for Withholding Refunds under Section 245(2) of Income-tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Limits-for-Withholding-Refunds-Revised-Timelines-Withholding-Refunds-Limits-for-Withholding-Income-tax-Act-Income-tax-Income-Tax-News-TAXSCAN.jpg "CBDT Issues Instructions on Revised Timelines and Limits for Withholding Refunds under Section 245(2) of Income-tax Act [Read Order]")
ITAT quashes Revision Order passed without following Natural Justice Principle in respect of addition of Fixed Assets [Read Order]
The Income Tax Appellate Tribunal (ITAT), Surat bench, quashed the revision order passed under Section 263 of the Income Tax Act, 1961, without following the principle of natural justice in respect...
![ITAT quashes Revision Order passed without following Natural Justice Principle in respect of addition of Fixed Assets [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/ITAT-quashes-Revision-Order-Natural-Justice-Principle-Fixed-Assets-Revision-Order-ITAT-Income-Tax-Act-Income-Tax-TAXSCAN.jpg "ITAT quashes Revision Order passed without following Natural Justice Principle in respect of addition of Fixed Assets [Read Order]")
Section 264 can be Triggered for Making Corrections When Assesee Fails to Claim Amenable Deduction under Income Tax Act: Delhi HC [Read Order]
The Delhi High Court held that Section 264 of the Income Tax Act, 1961 can be triggered for making corrections when the assessee fails to claim amenable deduction under the Income Tax Act,...
![Section 264 can be Triggered for Making Corrections When Assesee Fails to Claim Amenable Deduction under Income Tax Act: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Corrections-Triggered-for-Making-Corrections-When-Assesee-Fails-to-Claim-Claim-taxscan.jpg "Section 264 can be Triggered for Making Corrections When Assesee Fails to Claim Amenable Deduction under Income Tax Act: Delhi HC [Read Order]")