![Information from Investigation Wing/AIR cannot be a Tangible Material to Initiate Re-Assessment: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/Investigation-Tangible-Material-Re-Assessment-ITAT-taxscan-1.jpeg "Information from Investigation Wing/AIR cannot be a Tangible Material to Initiate Re-Assessment: ITAT [Read Order]")
Information from Investigation Wing/AIR cannot be a Tangible Material to Initiate Re-Assessment: ITAT [Read Order]
The Delhi bench of the ITAT has quashed the re-assessment proceedings holding that the information received from the Investigations Wing or AIR...
![Rejection of Objection does not mean that Re-Assessment is Final: Calcutta HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/Rejection-Objection-Re-Assessment-Final-Calcutta-High-Court-Taxscan.jpg "Rejection of Objection does not mean that Re-Assessment is Final: Calcutta HC [Read Order]")
![Re-Assessment is Invalid when Assessee disclosed All Material facts to complete Assessment: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/Re-Assessment-Invalid-Assesseed-Material-Assessment-ITAT-taxscan.jpeg "Re-Assessment is Invalid when Assessee disclosed All Material facts to complete Assessment: ITAT [Read Order]")
![Assessing Officer issued Notice with Incorrect Reasons: ITAT quashes Re-Assessment [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/Notice-AO-Assessing-officer-Incorrect-Reasons-ITAT-Re-Assessment-Taxscan.jpeg "Assessing Officer issued Notice with Incorrect Reasons: ITAT quashes Re-Assessment [Read Order]")
![Specifying the Reasons to Believe mandatory for Re-Assessment: Bombay HC lays Down Guidelines to be Strictly Followed by Income Tax Dept [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2022/03/Reasons-to-Believe-Income-Tax-Re-Assessment-Bombay-Highcourt-Guidelines-Strictly-Followed-IT-Dept-Taxscan.jpeg "Specifying the Reasons to Believe mandatory for Re-Assessment: Bombay HC lays Down Guidelines to be Strictly Followed by Income Tax Dept [Read Judgment]")
Relief to HDFC: Bombay High Court quashes Income Tax Re-Assessment for want of Jurisdiction [Read Judgment]
A division bench of the Bombay High Court has invalidated a re-assessment order passed by the income tax department against HDFC Bank as the jurisdictional condition for invoking the power under...
![Relief to HDFC: Bombay High Court quashes Income Tax Re-Assessment for want of Jurisdiction [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2022/03/Income-Tax-HDFC-Bombay-High-Court-Re-Assessment-Jurisdiction-taxscan.jpg "Relief to HDFC: Bombay High Court quashes Income Tax Re-Assessment for want of Jurisdiction [Read Judgment]")
Time Limit for Re-Assessment of Escaped Income on Assets Outside India is 16 Years: ITAT restores Order against Senior Chartered Accountant [Read Order]
While considering an appeal filed by the assessee, Mr. Dilip J Thakkar, one of the most senior Chartered Accountants in India, the Mumbai bench of the Income Tax Appellate Tribunal (ITAT) has held...
![Time Limit for Re-Assessment of Escaped Income on Assets Outside India is 16 Years: ITAT restores Order against Senior Chartered Accountant [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/02/Time-Limit-Re-Assessment-Escaped-Income-ITAT-Chartered-Accountant-Taxscan.jpg "Time Limit for Re-Assessment of Escaped Income on Assets Outside India is 16 Years: ITAT restores Order against Senior Chartered Accountant [Read Order]")
‘Proper Service’ of Notice is mandatory requirement for Re-Assessment: ITAT quashes Proceedings [Read Order]
The Jaipur bench of the Income Tax Appellate Tribunal (ITAT), while quashing the re-assessment proceedings, has held that the ‘proper service’ of notice is a mandatory requirement for reopening of...
![‘Proper Service’ of Notice is mandatory requirement for Re-Assessment: ITAT quashes Proceedings [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/10/Proper-Service-Notice-Re-Assessment-ITAT-Taxscan.jpeg "‘Proper Service’ of Notice is mandatory requirement for Re-Assessment: ITAT quashes Proceedings [Read Order]")
Conducting Inquiry and Providing Opportunity before Re-Assessment Notice: Calcutta High Court stays Income Tax Proceedings [Read Order]
The Calcutta High Court has put the re-assessment proceedings initiated by the income tax department while granting interim relief to the assessee on the ground that the provisions of section 148A...
![Conducting Inquiry and Providing Opportunity before Re-Assessment Notice: Calcutta High Court stays Income Tax Proceedings [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/08/Re-Assessment-Notice-Calcutta-High-Court-Income-Tax-Proceedings-Taxscan.jpg "Conducting Inquiry and Providing Opportunity before Re-Assessment Notice: Calcutta High Court stays Income Tax Proceedings [Read Order]")
Assessing Officer deemed to have applied his mind if facts are on record: ITAT quashes Re-assessment [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) while quashing the reassessment held that AO deemed to have applied his mind if facts are on record. The assessee, Sahyog Infrastructure...
![Assessing Officer deemed to have applied his mind if facts are on record: ITAT quashes Re-assessment [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/08/AO-ITAT-re-assessment-Taxscan.jpg "Assessing Officer deemed to have applied his mind if facts are on record: ITAT quashes Re-assessment [Read Order]")
![ITAT quashes Re-Assessment Proceedings against BCCI [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/08/ITAT-Re-Assessment-Proceedings-BCCI-Taxscan.jpg "ITAT quashes Re-Assessment Proceedings against BCCI [Read Order]")
Re-Assessment Order cannot be subject to Revision u/s 263: ITAT grants relief to Tata Power [Read Order]
In a major relief to Tata Power, the Mumbai bench of the Income Tax Appellate Tribunal (ITAT) has held that a reassessment order cannot be subject to revision under section 263 of the Income Tax Act,...
![Re-Assessment Order cannot be subject to Revision u/s 263: ITAT grants relief to Tata Power [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/07/Re-Assessment-Order-ITAT-Tata-Power-Taxscan.jpg "Re-Assessment Order cannot be subject to Revision u/s 263: ITAT grants relief to Tata Power [Read Order]")