![Benefit of Article 8 of India-Singapore DTAA shall be allowed when Vessel Handling Charges were allowed to Tax by Indian Entity: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Benefit-India-Singapore-DTAA-Vessel-Handling-Charges-Tax-Indian-Entity-ITAT-TAXSCAN.jpg "Benefit of Article 8 of India-Singapore DTAA shall be allowed when Vessel Handling Charges were allowed to Tax by Indian Entity: ITAT [Read Order]")
Benefit of Article 8 of India-Singapore DTAA shall be allowed when Vessel Handling Charges were allowed to Tax by Indian Entity: ITAT [Read Order]
The Chennai bench of the Income Tax Appellate Tribunal (ITAT) held that the benefit of Article 8 of the India Singapore DTAA shall be allowed when...
![Reassessment Proceedings can be Triggered only when Notice u/s 148 of Income Tax Act has been issued and served: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Reassessment-Proceedings-can-be-Triggered-Reassessment-Proceedings-Income-Tax-Act-Delhi-High-Court-Income-Tax-Income-Tax-Act-has-been-issued-and-served-TAXSCAN.jpg "Reassessment Proceedings can be Triggered only when Notice u/s 148 of Income Tax Act has been issued and served: Delhi HC [Read Order]")
![Delhi HC sets aside Reassessment Order under Income Tax Act Triggered Mistakenly [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Delhi-HC-Reassessment-Order-Income-Tax-Act-Triggered-Mistakenly-TAXSCAN.jpg "Delhi HC sets aside Reassessment Order under Income Tax Act Triggered Mistakenly [Read Order]")
![Credit Entries in Saving Account Cannot be treated as Unexplained Cash Credit u/s 68 of Income Tax Act: ITAT quashes Reassessment Proceedings initiated based on Conjectures and Surmises [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Credit-Entries-in-Saving-Account-Unexplained-Cash-Credit-Income-Tax-Act-ITAT-Reassessment-Proceedings-Conjectures-and-Surmises-TAXSCAN.jpg "Credit Entries in Saving Account Cannot be treated as Unexplained Cash Credit u/s 68 of Income Tax Act: ITAT quashes Reassessment Proceedings initiated based on Conjectures and Surmises [Read Order]")
![Reassessment Proceedings u/s 153 A Income Tax Act cannot be Triggered in Absence of Incriminating Material: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Reassessment-Proceedings-Income-Tax-Act-Absence-of-Incriminating-Material-Delhi-HC-taxscan.jpg "Reassessment Proceedings u/s 153 A Income Tax Act cannot be Triggered in Absence of Incriminating Material: Delhi HC [Read Order]")
Remission of Income Tax Refund of Rs 95.26 crores: Delhi HC suspends Reassessment Proceedings [Read Order]
The Delhi High Court suspended the reassessment proceedings in the matter of remission of income tax refund of Rupees 95.26 crores. The petitioner in the present matter is Bid Services Division...
![Remission of Income Tax Refund of Rs 95.26 crores: Delhi HC suspends Reassessment Proceedings [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Remission-Remission-of-Income-Tax-Refund-Refund-Income-Tax-Refund-Remission-of-Income-Tax-Refund-taxssan_300.jpg "Remission of Income Tax Refund of Rs 95.26 crores: Delhi HC suspends Reassessment Proceedings [Read Order]")
Income Received on Redemption of FCCBs Issued by Resident Company Chargeable to Tax in Hands of Ultimate Beneficiaries, not Trustees of Bonds: ITAT quashes Reassessment Proceedings Against Non-Resident Trustee Company
The Income Tax Appellate Tribunal (ITAT) Mumbai bench held that income received on redemption of Foreign Convertible Currency Bond (FCCBs) issued by the resident company is chargeable to tax in hands...
![Reassessment Proceedings Commenced after 3 years are Time-Barred: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Reassessment-Proceedings-Commenced-after-3-years-Reassessment-Proceedings-Time-Barred-Delhi-High-Court-taxscan.jpg "Reassessment Proceedings Commenced after 3 years are Time-Barred: Delhi HC [Read Order]")
ITAT Dismisses Income Tax Dept Appeal for Lack of Valid Approval in Reassessment Proceedings [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) has dismissed an appeal filed by the Income Tax Department (ITD) against an order of the Commissioner of Income Tax (Appeals) (CIT(A))...
![ITAT Dismisses Income Tax Dept Appeal for Lack of Valid Approval in Reassessment Proceedings [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/ITAT-Dismisses-Income-Tax-Dept-Appeal-ITAT-Income-Tax-Department-Appeal-Lack-of-Valid-Approval-in-Reassessment-Proceedings-Reassessment-Proceedings-Reassessment-Taxscan.jpg "ITAT Dismisses Income Tax Dept Appeal for Lack of Valid Approval in Reassessment Proceedings [Read Order]")
Misinformation regarding PAN number Provided to AO triggers Reassessment Proceedings: Delhi HC sets aside Reassessment Order [Read Order]
A Division Bench of Delhi High Court set aside the reassessment order passed under Section 148A(d) of the Income Tax Act, 1961 on grounds of misinformation regarding the Permanent Account Number...
![Misinformation regarding PAN number Provided to AO triggers Reassessment Proceedings: Delhi HC sets aside Reassessment Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/PAN-number-Misinformation-AO-triggers-Reassessment-Proceedings-AO-Reassessment-Proceedings-Delhi-HC-sets-aside-Reassessment-Order-Reassessment-Order-Delhi-High-Court-taxscan.jpg "Misinformation regarding PAN number Provided to AO triggers Reassessment Proceedings: Delhi HC sets aside Reassessment Order [Read Order]")
No Reassessment Proceedings shall Conducted on Completed/unabated Assessments if no Incriminating Material Found During Search: Supreme Court [Read Judgement]
The Supreme Court bench, consisting of Justice C.T. Ravikumar and Justice Manoj Misra, declared that if no evidence indicating wrongdoing is discovered during the search, reassessment proceedings...
Reassessment Proceedings Initiated on Recovery of Tax Share Premium of Rs 679.32 Crores without any Tangible Material to Prove Income Escapement: Bombay HC Quashes Reassessment Order
In a significant case, the Bombay High Court has quashed the reassessment proceedings initiated to recover the tax share premium of Rs. 679 crores without any reason on tangible material to prove...
