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ACIT Reopens Case over Alleged Bogus Political Donation by HUF Despite CBDT Jurisdictional Bar: ITAT Quashes Reassessment [Read Order]

The Income Tax Appellate Tribunal (ITAT),Delhi Bench, has held that reassessment proceedings cannot stand where the notice is issued without...

Reopening for Escaped Income Beyond Six‑Year Limit Held Time‑Barred: SC upholds Delhi HC Ruling...

Supreme Court Dismisses Revenue SLP for Income Tax Reassessment on UK Grid for 267-Day Delay [Read...

Reopening u/s 147 Unsustainable: ITAT Sets Aside Reassessment Due to Invalid And Irrelevant Reasons...

Income Tax Section 153C Notices Time-Barred When Computed From Satisfaction Note Date: Delhi HC...

Reassessment Invalid If AO fails to Dispose Objections by Speaking Order: Supreme Court Refuses to Interfere With Karnataka HC Order [Read Order]

The Supreme Court of India refused to interfere with a Karnataka High Court judgment, which had set aside the reassessment proceedings because the Assessing Officer did not dispose the assessee’s...

Reply Missed due to Income Tax Notices Served to Mail ID of Old Employee: Karnataka HC Gives Taxpayer Second Chance Conditionally [Read Order]

The Karnataka High Court has granted a taxpayer a fresh opportunity to contest reassessment proceedings after finding that income tax notices and show cause communications were sent only to the email...

Reassessment Notices Beyond Six-Year Limitation Invalid: Supreme Court Upholds Delhi HC Order [Read Order]

Reassessment notice extended ten‑year period under Section 149 cannot revive assessments already barred under the earlier six‑year regime.In a recent ruling, the Supreme Court of India dismissed the...

Reassessment Beyond 4 Years Without New Material Invalid: ITAT Quashes ₹3.40 Cr S. 80IB(10) Disallowance [Read Order]

The Income Tax Appellate Tribunal, Mumbai Bench quashed income tax reassessment proceedings against Komal Enterprises holding that a reassessment after the lapse of four years of completion of...

ROC Strike-Off Does Not Invalidate Reassessment where S.148 Notice Predates It: ITAT [Read Order]

The Income Tax Appellate Tribunal, Surat (ITAT) held that reassessment proceedings are not rendered invalid merely because the assessee company’s name was subsequently struck off by the Registrar...

Reassessment based on casual Non-Application of Mind and borrowed Satisfaction: ITAT Quashes Proceedings [Read Order]

The Guwahati Bench of the Income Tax Appellate Tribunal (ITAT) held that the AO had reopened the case with a "complete non-application of mind," relying on "borrowed satisfaction" from an...

Failure to obtain Mandatory Approval from PCCIT for Notice Issued Beyond Three Years: ITAT quashes reassessment order [Read Order]

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) quashed a reassessment order and ruled that the Assessing Officer (AO) failed to obtain mandatory prior approval from the Principal Chief ...