![Income Tax Dept or GST dept cannot Retain Cash Seized Prior to Finalisation of Proceedings: Kerala HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/GST-I-income-Tax-Dept-Kerala-High-Court-GST-dept-Cash-Seized-TAXSCAN-1.jpg "Income Tax Dept or GST dept cannot Retain Cash Seized Prior to Finalisation of Proceedings: Kerala HC [Read Order]")
Income Tax Dept or GST dept cannot Retain Cash Seized Prior to Finalisation of Proceedings: Kerala HC [Read Order]
The Kerala High Court has held that Income Tax department or GST department cannot retain illegal cash seizied prior to a finalisation of respective...
![Delay in Issuing Requisition u/s 132A: Delhi HC Upholds Validity and Links Seized Cash to Undisclosed Income [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/Delay-in-Issuing-Requisition-Issuing-Requisition-Section-132A-Delhi-HC-Delhi-HC-Upholds-Validity-and-Links-Seized-Cash-Seized-Cash-to-Undisclosed-Income-Undisclosed-Income-taxscan.jpg "Delay in Issuing Requisition u/s 132A: Delhi HC Upholds Validity and Links Seized Cash to Undisclosed Income [Read Order]")
![Income Tax Authorities can Seek Interim Custody of Currency Notes Produced Before Magistrate: Kerala HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/Kerala-HC-Kerala-High-Court-Section-132A-of-the-Income-Tax-Act-Income-Tax-Authorities-Income-Tax-Currency-Notes-income-tax-authority-High-Court-News-taxscan.jpg "Income Tax Authorities can Seek Interim Custody of Currency Notes Produced Before Magistrate: Kerala HC [Read Order]")
![No Warrant of Authorization u/s 132A of Income Tax Act: Kerala HC dismisses Review Petition due to Lack of Grounds [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/kerala-high-court-dismisses-review-petition-warrant-of-authorization-lack-of-grounds-taxscan.jpg "No Warrant of Authorization u/s 132A of Income Tax Act: Kerala HC dismisses Review Petition due to Lack of Grounds [Read Order]")
![Delhi HC Restrains Income dept. from Taking Further Steps Pursuant to Order Passed u/s 148A (d) [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/Delhi-HC-Restrains-Income-dept-income-tax-department-restraint-Section-148A-d-of-the-Income-Tax-Act-taxscan.jpg "Delhi HC Restrains Income dept. from Taking Further Steps Pursuant to Order Passed u/s 148A (d) [Read Order]")
Re-Assessment Proceedings u/s 147 of Income Tax Act can be Initiated on Relevant Material on Which Reasonable Person can Form Requisite Belief that Income Tax has Escaped: ITAT [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) held that if there is relevant material on the basis of which a reasonable person can form a requisite belief that income chargeable to tax...
![Re-Assessment Proceedings u/s 147 of Income Tax Act can be Initiated on Relevant Material on Which Reasonable Person can Form Requisite Belief that Income Tax has Escaped: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Re-Assessment-Re-Assessment-Proceedings-Income-Tax-Act-Reasonable-Person-ITAT-taxscan.jpg "Re-Assessment Proceedings u/s 147 of Income Tax Act can be Initiated on Relevant Material on Which Reasonable Person can Form Requisite Belief that Income Tax has Escaped: ITAT [Read Order]")
No addition can be made u/s 69AÂ of Income Tax Act on cash received on sale of Ancestral Agricultural Land: ITAT [Read Order]
The Hyderabad bench of the Income Tax Appellate Tribunal (ITAT) has recently held that no addition could be made under Section 69 of Income Tax Act 1961, on cash received on sale of ancestral...
![No addition can be made u/s 69AÂ of Income Tax Act on cash received on sale of Ancestral Agricultural Land: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Income-Tax-Act-cash-received-sale-of-Ancestral-Agricultural-Land-sale-Ancestral-Agricultural-Land-Income-Tax-ITAT-taxscan.jpg "No addition can be made u/s 69AÂ of Income Tax Act on cash received on sale of Ancestral Agricultural Land: ITAT [Read Order]")
Union Budget 2023: Period of Limitation on Pending Assessment extended by 12 months [Read Finance Bill]
The Union Budget 2023, presented by the Finance Minister Nirmala Sitharaman proposed to extend the period of limitation on the assessment orders in her budget speech. It was proposed that an order...
SC Confirms Block Assessment since ‘Reasons to believe’ shall not be disclosed for Search Proceedings [Read Order]
A two-judge bench of the Supreme Court, by relying on the recent amendment in section 132/132A of the Income Tax Act held that the authorities shall not disclose the ‘reason to believe’ or ‘reason to...
![SC Confirms Block Assessment since ‘Reasons to believe’ shall not be disclosed for Search Proceedings [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/08/Supreme-Court-of-India-Taxscan-min.jpg "SC Confirms Block Assessment since ‘Reasons to believe’ shall not be disclosed for Search Proceedings [Read Order]")