Reassessment order passed u/s 147 of the Income Tax Act on Account of Mere Change of Opinion is not valid: ITAT
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) has recently held that the re-assessment order passed under Section 147 of the Income Tax...
![Reassessment Made After 4 years is not valid: Madras High Court [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Reassessment-Madras-High-Court-Taxscan.jpg "Reassessment Made After 4 years is not valid: Madras High Court [Read Order]")
![Reasons recorded for Reopening Reassessment to be Examined on Standalone Basis to Determine validity of Proceedings u/s 147 of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Reopening-Reassessment-Reassessment-Reopening-Standalone-Basis-Proceedings-validity-of-Proceedings-Income-Tax-Act-Income-Tax-ITAT-taxscan.jpg "Reasons recorded for Reopening Reassessment to be Examined on Standalone Basis to Determine validity of Proceedings u/s 147 of Income Tax Act: ITAT [Read Order]")
![Bombay High Court quashes Reassessment against Jetair [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Bombay-High-Court-Reassessment-Jetair-Taxscan.jpg "Bombay High Court quashes Reassessment against Jetair [Read Order]")
Mere putting of seal as approving Statement is not sufficient: ITAT quashes Reassessment proceedings [Read Order]
The New Delhi Bench of the Income Tax Appellate Tribunal ( ITAT ) quashed re assessment proceedings and noted that “Mere putting of seal as approving statement is not sufficient”. The assessee in...
![Mere putting of seal as approving Statement is not sufficient: ITAT quashes Reassessment proceedings [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/ITAT-Reassessment-Income-Tax-Tax-Taxscan.jpg "Mere putting of seal as approving Statement is not sufficient: ITAT quashes Reassessment proceedings [Read Order]")
Existence of Alternate Remedy not an Absolute Bar for Writ Jurisdiction: Madhya Pradesh HC allows hearing of IT Jurisdiction Challenge [Read Order]
The Madhya Pradesh High Court has provided respite to M/s Space Enclave Private Limited by halting the ongoing income tax reassessment proceedings against them. In addition, the division bench...
![Existence of Alternate Remedy not an Absolute Bar for Writ Jurisdiction: Madhya Pradesh HC allows hearing of IT Jurisdiction Challenge [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Existence-of-Alternate-Remedy-Writ-Jurisdiction-Madhya-Pradesh-HC-IT-Jurisdiction-Challenge-Taxscan.jpg "Existence of Alternate Remedy not an Absolute Bar for Writ Jurisdiction: Madhya Pradesh HC allows hearing of IT Jurisdiction Challenge [Read Order]")
Reassessment of Non-resident Company Vedanta Resources: Orissa HC quashes proceedings due to Lack of Jurisdiction [Read Order]
The Orissa High Court (HC) presided by Chief Justice Dr. S. Muralidhar and the Justice M.S. Raman quashed the reassessment proceedings of a non-resident company Vedanta Resources Limited (VRL) and...
![Reassessment of Non-resident Company Vedanta Resources: Orissa HC quashes proceedings due to Lack of Jurisdiction [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Reassessment-Non-resident-Company-Vedanta-Resources-Vedanta-Resources-Non-resident-Company-Orissa-High-Court-proceedings-Lack-of-Jurisdiction-Jurisdiction-Taxscan-.jpg "Reassessment of Non-resident Company Vedanta Resources: Orissa HC quashes proceedings due to Lack of Jurisdiction [Read Order]")
Concluded Assessment/ Reassessment cannot be disturbed in Absence of Incriminating Material during Search: ITAT [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) has held that concluded assessment/ reassessment cannot be disturbed in absence of incriminating material received during the search. ...
![Concluded Assessment/ Reassessment cannot be disturbed in Absence of Incriminating Material during Search: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Concluded-Assessment-Reassessment-Absence-of-Incriminating-Material-Incriminating-Material-Incriminating-Material-during-Search-Income-Tax-ITAT-taxscan.jpg "Concluded Assessment/ Reassessment cannot be disturbed in Absence of Incriminating Material during Search: ITAT [Read Order]")
![Reassessment against Dissolved Entity: Delhi HC stays proceedings initiated u/s 148 [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Reassessment-Dissolved-Entity-Delhi-High-Court-taxscan.jpg "Reassessment against Dissolved Entity: Delhi HC stays proceedings initiated u/s 148 [Read Order]")