Union of India vs. Rajeev Bansal: Supreme Court on Reassessment Limits and TOLA Extensions
In the world of tax litigation, some cases quietly resolve at the assessment desk itself, while others travel through layers of appeals before...
![Identity Misuse in Bank Account: ITAT Sets Aside Addition and Directs AO to Conduct Fresh Probe [Read Order]](https://images.taxscan.in/h-upload/2025/08/01/250x150_2072012-itat-ahmedabad-bank-account-identity-misuse-taxscan.webp "Identity Misuse in Bank Account: ITAT Sets Aside Addition and Directs AO to Conduct Fresh Probe [Read Order]")
![Reassessment Invalid Due to Lack of New Tangible Material and Credible Information: ITAT Quashes ₹33.81 Lakh Addition [Read Order]](https://images.taxscan.in/h-upload/2025/07/31/250x150_2071541-reassessment-itat-taxscan.webp "Reassessment Invalid Due to Lack of New Tangible Material and Credible Information: ITAT Quashes ₹33.81 Lakh Addition [Read Order]")
![ITAT Holds Reassessment Void Ab Initio as Notice Issued Beyond Three-Year Limit for Income Below ₹50 Lakh [Read Order]](https://images.taxscan.in/h-upload/2025/07/21/250x150_2066846-itat-itat-holds-reassessment-notice-reassessment-notice-taxscan.webp "ITAT Holds Reassessment Void Ab Initio as Notice Issued Beyond Three-Year Limit for Income Below ₹50 Lakh [Read Order]")
![Calcutta HC Dismisses Challenge to Section 148A(b) Reassessment Notice, Directs Taxpayer to Pursue Statutory Appeal [Read Order]](https://images.taxscan.in/h-upload/2025/07/21/250x150_2067077-statutory-appeal-reassessment-notice-calcutta-hc-dismisses-taxscan.webp "Calcutta HC Dismisses Challenge to Section 148A(b) Reassessment Notice, Directs Taxpayer to Pursue Statutory Appeal [Read Order]")
New 10-Year Limit u/s 149 of Income Tax Applies Prospectively, 6-Year Rule Governs AYs Before 2021-22: Delhi HC [Read Order]
In a recent ruling, the Delhi High Court observed that the new ten-year time limit for reopening income tax assessments under Section 149 ofthe Income Tax Act applies only prospectively, and for...
![New 10-Year Limit u/s 149 of Income Tax Applies Prospectively, 6-Year Rule Governs AYs Before 2021-22: Delhi HC [Read Order]](https://images.taxscan.in/h-upload/2025/07/17/500x300_2064545-proving-beyond-reasonable-doubt-applies-penal-laws-tax-reassessment-reason-to-believe-delhi-hc-taxscan.webp "New 10-Year Limit u/s 149 of Income Tax Applies Prospectively, 6-Year Rule Governs AYs Before 2021-22: Delhi HC [Read Order]")
Reopening Based on Information in Audited Statements Invalid: Madras HC Finds No Failure by Company to Disclose Material Facts
In a recent ruling, the Madras High Court held that reopening the assessment of Sterling Tree Magnum India Ltd was invalid as the reassessment was based solely on information already available in...
Himachal Pradesh High Court Stays Reassessment Proceedings Under Section 148, Awaits Supreme Court Verdict in Technical Textiles Case [Read Order]
In a recent ruling, the High Court of Himachal Pradesh at Shimla stayed reassessment proceedings initiated against Prakash Chand Jadaik under Section 148 of the Income Tax Act, 1961, pending the...
![Himachal Pradesh High Court Stays Reassessment Proceedings Under Section 148, Awaits Supreme Court Verdict in Technical Textiles Case [Read Order]](https://images.taxscan.in/h-upload/2025/06/28/500x300_2055851-himachal-pradesh-high-court-1.webp "Himachal Pradesh High Court Stays Reassessment Proceedings Under Section 148, Awaits Supreme Court Verdict in Technical Textiles Case [Read Order]")
AO Neither Rejects Nor Accepts Rectification Application on TDS credit: ITAT Remands Rs. 35k TDS Credit of Trust for Reassessment [Read Order]
The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has remanded the matter to the Assessing Officer (AO) for fresh adjudication, directing verification of a Tax Deducted at Source...
![AO Neither Rejects Nor Accepts Rectification Application on TDS credit: ITAT Remands Rs. 35k TDS Credit of Trust for Reassessment [Read Order]](https://images.taxscan.in/h-upload/2025/06/18/500x300_2050054-reassessment-tds-credit-ao-taxscan.webp "AO Neither Rejects Nor Accepts Rectification Application on TDS credit: ITAT Remands Rs. 35k TDS Credit of Trust for Reassessment [Read Order]")
ITAT bars CIT(A) from Remand Without First Deciding Jurisdiction in Time-Barred Reassessment Case [Read Order]
Hyderabad Bench of Income Tax Appellate Tribunal (ITAT) has set aside an order passed by the Commissioner of Income Tax (Appeals), National Faceless Appeal Centre (NFAC), observing that the CIT(A)...
![ITAT bars CIT(A) from Remand Without First Deciding Jurisdiction in Time-Barred Reassessment Case [Read Order]](https://images.taxscan.in/h-upload/2025/06/09/500x300_2041872-itat-bars-cita-remand-deciding-jurisdiction-time-barred-reassessment-case-taxscan.webp "ITAT bars CIT(A) from Remand Without First Deciding Jurisdiction in Time-Barred Reassessment Case [Read Order]")
No Blanket Exemption for SEZs: CESTAT Orders Refund Reassessment, Stresses Need for Proper Documentation [Read Order]
The Chennai Bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) held that Special Economic Zone (SEZ) units are not automatically entitled to service tax refunds and must...
![No Blanket Exemption for SEZs: CESTAT Orders Refund Reassessment, Stresses Need for Proper Documentation [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/SEZs-CESTAT-Refund-Reassessment-taxscan.jpg "No Blanket Exemption for SEZs: CESTAT Orders Refund Reassessment, Stresses Need for Proper Documentation [Read Order]")
Mere Change of Opinion not Necessary Ingredient For Reassessment: ITAT quashes Reassessment on Software License Fee [Read Order]
The Chennai Bench of the Income Tax Appellate Tribunal ( ITAT ) has quashed a reassessment order and ruled that the reopening of the assessment was invalid due to it being based on a mere change of...
![Mere Change of Opinion not Necessary Ingredient For Reassessment: ITAT quashes Reassessment on Software License Fee [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Software-License-ITAT-Quashes-Reassessment-taxscan.jpg "Mere Change of Opinion not Necessary Ingredient For Reassessment: ITAT quashes Reassessment on Software License Fee [Read Order]")