![Change of Opinion on Existing Records not a Valid Ground for Reassessment: Gujarat HC allows Plea of Hindustan Marble [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Change-of-Opinion-on-Existing-Records-Reassessment-Gujarat-High-Court-Hindustan-Marble-taxscan.jpeg "Change of Opinion on Existing Records not a Valid Ground for Reassessment: Gujarat HC allows Plea of Hindustan Marble [Read Order]")
Change of Opinion on Existing Records not a Valid Ground for Reassessment: Gujarat HC allows Plea of Hindustan Marble [Read Order]
A Division Bench of the Gujarat High Court held that a change of opinion on the basis of existing records is not a valid ground for reopening the...
![Calcutta HC confirms Income Tax Addition for Deposit of Unaccounted Cash in Shell Companies [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Calcutta-HC-Income-Tax-Deposit-taxscan.jpeg "Calcutta HC confirms Income Tax Addition for Deposit of Unaccounted Cash in Shell Companies [Read Order]")
![Reassessment of Jain Cooperative Bank: Delhi HC refuses to Prevent Proceedings on the Merits of the Case [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Reassessment-Jain-Cooperative-Bank-Delhi-HC-taxscan.jpeg "Reassessment of Jain Cooperative Bank: Delhi HC refuses to Prevent Proceedings on the Merits of the Case [Read Order]")
![Re-Assessment Framed for Escapement of Income by Share Trading Business which does not belong to Assessee: ITAT sets aside proceedings u/s 147 [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Re-assessment-income-business-assessee-ITAT-taxscan.jpeg "Re-Assessment Framed for Escapement of Income by Share Trading Business which does not belong to Assessee: ITAT sets aside proceedings u/s 147 [Read Order]")
![Assessment cannot be Re-opened u/s 148A Income Tax Act without Furnishing of Full Information: Calcutta HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Assessment-under-section-148A-Income-Tax-Act-Full-Information-Calcutta-High-Court-Taxscan.jpg "Assessment cannot be Re-opened u/s 148A Income Tax Act without Furnishing of Full Information: Calcutta HC [Read Order]")
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]")
Prima facie belief that there is Escape of Income is sufficient proof to Re-Open Assessment: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Pune bench presided by S.S.Godara, Judicial Member held that prima facie belief that there is the escape of income is sufficient proof to initiate...
![Prima facie belief that there is Escape of Income is sufficient proof to Re-Open Assessment: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/income-reassessment-proceedings-ITAT-taxscan.jpeg "Prima facie belief that there is Escape of Income is sufficient proof to Re-Open Assessment: ITAT [Read Order]")
![Reassessment made without serving Notice u/s 148 is Invalid: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Reassessment-notice-ITAT-taxscan.jpeg "Reassessment made without serving Notice u/s 148 is Invalid: ITAT [Read Order]")
Relief to Indian Red Cross: ITAT sets aside Addition by AO during re-assessment proceedings [Read Order]
The Income Tax Appellate Tribunal (ITAT), Ahmedabad bench consisting of Pramod Kumar, Vice President, and Siddhartha Nautiyal, Judicial Member sets aside addition towards 'Anonymous Donations'...
![Relief to Indian Red Cross: ITAT sets aside Addition by AO during re-assessment proceedings [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Indian-Red-Cross-ITAT-AO-re-assessment-taxscan.jpeg "Relief to Indian Red Cross: ITAT sets aside Addition by AO during re-assessment proceedings [Read Order]")
ITAT quashes Reassessment Order based on invalid Re-Assessment Notice issued without Jurisdiction [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi bench consisting of Pradip Kumar Kedia, Accountant Member and Yogesh Kumar US, Judicial Member quashed reassessment order framed as result of invalid...
![ITAT quashes Reassessment Order based on invalid Re-Assessment Notice issued without Jurisdiction [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/ITAT-invalid-re-assessment-Jurisdiction-taxscan.jpeg "ITAT quashes Reassessment Order based on invalid Re-Assessment Notice issued without Jurisdiction [Read Order]")
Petitioner should be provided Adequate Opportunity to put forth defence before initiating Reassessment: Delhi HC [Read Order]
The Delhi High Court bench consisting of Justice Manmohan and Justice Manmeet Pritam Singh Arora held that petitioner should be provided adequate opportunity to put forth defence before initiating...
![Petitioner should be provided Adequate Opportunity to put forth defence before initiating Reassessment: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Petitioner-adequate-opportunity-reassessment-Delhi-HC-Taxscan.jpg "Petitioner should be provided Adequate Opportunity to put forth defence before initiating Reassessment: Delhi HC [Read Order]")
Re-Assessment Order passed without allowing Assessee to file Objection is Invalid: Delhi HC [Read Order]
The Delhi High Court has held that the re-assessment under section 147/148 of the Income Tax Act, 1961 passed without allowing the assessee to file objection shall be deemed as invalid. The income...
![Re-Assessment Order passed without allowing Assessee to file Objection is Invalid: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Re-Assessment-Order-Assessee-file-Objection-Delhi-High-Court-Taxscan.jpeg "Re-Assessment Order passed without allowing Assessee to file Objection is Invalid: Delhi HC [Read Order]")