Issuance of Notice and Initiation of Reassessment Beyond Six Years is Barred by limitation: Calcutta HC [Read Order]
In a recent case, the Calcutta High Court held that issuance of notice and initiation of reassessment beyond six years is barred by limitation. ...
![Bombay HC quashes Re Assessment Order passed on Change of Opinion as to Calculation of Tax Payable [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Bombay-High-Court-Bombay-HC-quashes-Re-Assessment-Order-Re-Assessment-Order-Re-Assessment-Order-passed-on-Change-of-Opinion-Re-Assessment-Calculation-of-Tax-Payable-Calculation-of-Tax-Taxscan.jpg "Bombay HC quashes Re Assessment Order passed on Change of Opinion as to Calculation of Tax Payable [Read Order]")
![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]")
Reassessment initiated during the pendency of Scrutiny Assessment: Delhi HC issues Notice [Read Order]
The division bench of Delhi High Court consisting Justice Rajiv Shakdher and Justice Tara Vitasta Ganju issued the notice to the respondent side on the petition filed by the petitioner against the...
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]
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) recently observed that the reasons, as recorded forreopening the reassessment, are to be examined on a standalone basis to determine the...
![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]")