![ITAT Quashes Re-Assessment under Wealth Tax Act since Reasons for Assessment was not intimated to Assessee [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/10/Wealth-Tax-Taxscan.jpg "ITAT Quashes Re-Assessment under Wealth Tax Act since Reasons for Assessment was not intimated to Assessee [Read Order]")
ITAT Quashes Re-Assessment under Wealth Tax Act since Reasons for Assessment was not intimated to Assessee [Read Order]
Quashing re-assessment proceedings under section 17 of the Wealth Tax Act, Delhi bench of the Income Tax Appellate Tribunal (ITAT) held that the same...
Information from Investigation Wing of IT Department cannot be a Sole Basis for Re-Assessment: Delhi HC [Read Judgment]
In Principal Commissioner of Income tax v. Meenakshi Overseas Pvt Ltd, the Delhi High Court held that re-assessment under Sections 147/148 of the Income Tax Act cannot be made only on the basis of...
![Information from Investigation Wing of IT Department cannot be a Sole Basis for Re-Assessment: Delhi HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2017/01/Re-Assessment-Taxscan.jpg "Information from Investigation Wing of IT Department cannot be a Sole Basis for Re-Assessment: Delhi HC [Read Judgment]")
Re-Assessment without ‘Fresh Material’ is Invalid: Delhi HC allows Rolls Royce’s Plea [Read Judgment]
In a major relief to Rolls Royce Industrial Power India Ltd, Justices S Muralidhar and Chander Sekhar held that S. 147/148 reassessment has to be based on "fresh material". In the opinion of the...
![Re-Assessment without ‘Fresh Material’ is Invalid: Delhi HC allows Rolls Royce’s Plea [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2017/06/Rolls-Royce.jpg "Re-Assessment without ‘Fresh Material’ is Invalid: Delhi HC allows Rolls Royce’s Plea [Read Judgment]")
Jurisdiction of Re-Assessment Proceedings can be Questioned at any Stage: Allahabad HC [Read Judgment]
In Teena Gupta v. CIT, a division bench of the Allahabad High Court ruled that the jurisdiction of re-assessment proceedings under the Income Tax Act can always be raised at any stage. A Notice dated...
![Jurisdiction of Re-Assessment Proceedings can be Questioned at any Stage: Allahabad HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/09/Assessing-officer-Tax-Scan.jpg "Jurisdiction of Re-Assessment Proceedings can be Questioned at any Stage: Allahabad HC [Read Judgment]")
Re-Assessment solely on Ground of Reversal of Legal Position by Apex Court Judgment is invalid: Patna HC [Read Judgment]
In a writ petition filed by the Samsung India Electronics Pvt. Ltd and its dealers, the Patna High Court held that re-assessment under section 31 of the Bihar Value Added Tax Act, 2005 is invalid when...
Re-Assessment based on information received from Investigation Wing of Income Tax Dept is invalid: ITAT Chandigarh [Read Order]
In the case M/s Sangrur Agro Ltd v. ACIT, the ITAT, Chandigarh bench quashed the re-assessment proceedings under s. 148 of the Income Tax Act on ground that the same was on the on the basis of the...
Mere Approval by Concerned Authority u/s 151 without stating Reasons for Permitting Re-Assessment is invalid: Delhi HC
The division bench of the Delhi High Court held that mere approval by the concerned authority under section 151 of the Income Tax Act without stating the reasons for permitting re-assessment is not...
