Reassessment Proceedings Not valid since it Violates Procedure Prescribed under Section 148A(b) of Income Tax Act: Bombay HC
In a recent case, the Bombay High Court held that Reassessment proceedings were not valid since it violates procedure prescribed under Section...
![Taxpayers Beware: Income Tax Dept to Initiate Reassessment Proceedings in matters involving High-Risk and High-Risk Non-PAN Transactions [Read Instruction]](https://www.taxscan.in/wp-content/uploads/2023/02/Taxpayers-Income-Tax-Dept-Income-Tax-Income-Reassessment-Reassessment-Proceedings-High-Risk-Transaction-Non-PAN-Transactions-taxscan.jpg "Taxpayers Beware: Income Tax Dept to Initiate Reassessment Proceedings in matters involving High-Risk and High-Risk Non-PAN Transactions [Read Instruction]")
![Failure to Get Sanction u/s 151(ii) from PCIT for Reopening of Assessment beyond 3 years will Invalidate Reassessment Proceedings: Bombay HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Sanction-PCIT-Reopening-of-Assessment-Assessment-Reassessment-Proceedings-Bombay-High-Court-Taxscan.jpg "Failure to Get Sanction u/s 151(ii) from PCIT for Reopening of Assessment beyond 3 years will Invalidate Reassessment Proceedings: Bombay HC [Read Order]")
![Income Tax Notice Against Dead Person is Invalid: Bombay HC Quashes Proceedings [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Income-Tax-Notice-Dead-Person-Bombay-High-Court-Proceedings-Taxscan.jpg "Income Tax Notice Against Dead Person is Invalid: Bombay HC Quashes Proceedings [Read Order]")
![Natural Justice Principles not violated: Kerala HC dismisses Writ for quashing reopening Assessment [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Natural-Justice-Principles-not-violated-Kerala-HC-dismisses-Writ-for-quashing-reopening-Assessment-TAXSCAN.jpg "Natural Justice Principles not violated: Kerala HC dismisses Writ for quashing reopening Assessment [Read Order]")
No materials Which Show Reassessment Proceedings as Arbitrary, can't invoke Writ Jurisdiction: Delhi HC [Read Order]
The Delhi Bench High Court (HC)has held that the writ jurisdiction of the court cannot be invoked when there are no materials which show reassessment proceedings as arbitrary. Mr. Ajay Gupta, who...
![No materials Which Show Reassessment Proceedings as Arbitrary, cant invoke Writ Jurisdiction: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/materials-Which-Show-Reassessment-Proceedings-as-Arbitrary-Writ-Jurisdiction-Delhi-HC-TAXSCAN.jpg "No materials Which Show Reassessment Proceedings as Arbitrary, cant invoke Writ Jurisdiction: Delhi HC [Read Order]")
CBDT notifies Rules for E-Filing of Income Tax Return by Successor Entity to a Business Reorganization in Form ITR-A [Read Notification]
The Central Board of Direct Taxes (CBDT) has notified the amended rules to insert new provision Rule 12AD for the return of income filed by a successor entity to a business reorganization in Form...
![CBDT notifies Rules for E-Filing of Income Tax Return by Successor Entity to a Business Reorganization in Form ITR-A [Read Notification]](https://www.taxscan.in/wp-content/uploads/2022/09/CBDT-E-filing-Income-Tax-Return-Business-Reorganization-ITR-A-taxscan.jpg "CBDT notifies Rules for E-Filing of Income Tax Return by Successor Entity to a Business Reorganization in Form ITR-A [Read Notification]")
Madras HC Invalidates Continuation of Reassessment Proceedings for Want of Fresh Notice [Read Order]
The division bench of Madras High Court presided by Mr. Justice R. Mahadevan and Mr. Justice J.Sathya Narayana Prasad has invalidated the continuation of reassessment proceedings for want of fresh...
![Madras HC Invalidates Continuation of Reassessment Proceedings for Want of Fresh Notice [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Madras-High-Court-Reassessment-Fresh-Notice-Taxscan.jpeg "Madras HC Invalidates Continuation of Reassessment Proceedings for Want of Fresh Notice [Read Order]")
Rajasthan High Court quashes Reassessment Notice issued under Income Tax Act after April 01, 2021 [Read Judgment]
The Rajasthan High Court quashed the Reassessment Notice issued under Income Tax Act after April 01, 2021. A batch of petitions was filed assailing issuance of the reassessment notice...
![Rajasthan High Court quashes Reassessment Notice issued under Income Tax Act after April 01, 2021 [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/12/Rajasthan-High-court-Reassessment-Notice-Income-Tax-Act-Taxscan.jpg "Rajasthan High Court quashes Reassessment Notice issued under Income Tax Act after April 01, 2021 [Read Judgment]")
Assessing Officer lacks material to suggest payment made in Cash and received same amount back through RTGS: Gujarat HC [Read Order]
The Gujarat High Court ruled that the Assessing officer lacked material to suggest payment made in cash and received the same amount back through the RTGS. The writ applicant, Purshottambhai...
![Assessing Officer lacks material to suggest payment made in Cash and received same amount back through RTGS: Gujarat HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/06/AO-RTGS-Gujarat-High-Court-Taxscan.jpg "Assessing Officer lacks material to suggest payment made in Cash and received same amount back through RTGS: Gujarat HC [Read Order]")
ITAT quashes Reassessment proceedings as it was initiated upon Report of Investigation Wing [Read Order]
The Income Tax Appellate Tribunal (ITAT) quashed the reassessment proceedings as it was initiated upon report of the Investigation Wing. The assessee, M/s Fortune Tech IT Systems Pvt. Ltd. derived...
![ITAT quashes Reassessment proceedings as it was initiated upon Report of Investigation Wing [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/04/reassessment-proceedings-ITAT-Investigation-wing-Taxscan.jpeg "ITAT quashes Reassessment proceedings as it was initiated upon Report of Investigation Wing [Read Order]")
Notice through Affixture served after Office Hours not Valid: ITAT quashes Re-Assessment [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) on Friday quashed a re-assessment under section 147 of the Income Tax Act, 1961 by observing that the notice for the same under section 148...
![Notice through Affixture served after Office Hours not Valid: ITAT quashes Re-Assessment [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/04/Notice-Affixture-served-Office-Hours-ITAT-Re-Assessment-Taxscan.jpeg "Notice through Affixture served after Office Hours not Valid: ITAT quashes Re-Assessment [Read Order]")