Time Limit u/s 153 of Income Tax Act Prevails over Assessment Time Limit u/s 144C of Income Tax Act: Bombay HC
In a major decision the Bombay High Court observed that the time limit under Section 153 of the Income Tax Act, 1961 prevails over assessment time...
![Failure to follow Mandatory Procedure laid down u/s 144C of Income Tax Act for Passing Draft Assessment Order: ITAT allows Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Failure-follow-Procedure-Income-Tax-Act-Passing-Assessment-Order-TAXSCAN.jpg "Failure to follow Mandatory Procedure laid down u/s 144C of Income Tax Act for Passing Draft Assessment Order: ITAT allows Appeal [Read Order]")
![ITAT deletes ex parte Addition u/s 68 of Income Tax Act made during COVID 19 Pandemic [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Customs-Duty-No-Customs-Duty-on-Import-Import-Covid-19-Vaccine-Covid-19-Vaccine-to-India-CBIC-Import-taxscan.jpg "ITAT deletes ex parte Addition u/s 68 of Income Tax Act made during COVID 19 Pandemic [Read Order]")
![Final Assessment Order Issued Beyond Period of Limitation u/s 144C of Income Tax Act is Null and Void: ITAT grants Relief to Fiber Home India [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Assessment-Order-Assessment-Income-Tax-Act-Income-Tax-ITAT-Fiber-home-India-Taxscan.jpg "Final Assessment Order Issued Beyond Period of Limitation u/s 144C of Income Tax Act is Null and Void: ITAT grants Relief to Fiber Home India [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]
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]")
Issue of Demand Notice along with Draft Order is Bad in Law: ITAT Quashes Proceedings against Marriott International [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal ( ITAT ) has quashed the proceedings against the Marriott International holding that the issue of demand notice along with draft order was bad in...
![Issue of Demand Notice along with Draft Order is Bad in Law: ITAT Quashes Proceedings against Marriott International [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Marriott-International-Demand-Notice-Notice-Demand-Draft-Order-Bad-in-Law-Law-ITAT-Taxscan.jpg "Issue of Demand Notice along with Draft Order is Bad in Law: ITAT Quashes Proceedings against Marriott International [Read Order]")
No Variation in Income returned by Assessee: ITAT quashes Assessment Order as void ab initio [Read Order]
The New Delhi Bench of the Income Tax Appellate Tribunal (ITAT), quashed the assessment order as void ab initio as there was no variation in income returned by assessee, Super Brands Ltd [UK]. The...
![No Variation in Income returned by Assessee: ITAT quashes Assessment Order as void ab initio [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Income-Assessee-ITAT-Assessment-Order-void-ab-initio-taxscan.jpg "No Variation in Income returned by Assessee: ITAT quashes Assessment Order as void ab initio [Read Order]")
Relief to Adidas: AMP Expenses Incurred for Own Benefit not Amount to International Transaction, rules ITAT [Read Order]
The Income Tax Appellate Tribunal ( ITAT ), New Delhi, has recently, in an appeal preferred before it, held that, AMP expenses incurred for own benefit will not amount to international transaction. ...
![Relief to Adidas: AMP Expenses Incurred for Own Benefit not Amount to International Transaction, rules ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Adidas-AMP-Expenses-Benefit-International-Transaction-ITAT-taxscan.jpeg "Relief to Adidas: AMP Expenses Incurred for Own Benefit not Amount to International Transaction, rules ITAT [Read Order]")
![Direct Tax Vivad se Vishwas Rules and Forms notified [Read Notification]](https://www.taxscan.in/wp-content/uploads/2020/03/site-image3-6-1.jpg "Direct Tax Vivad se Vishwas Rules and Forms notified [Read Notification]")
![Assessment against a Non-Existing Amalgamating Entity is Invalid: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/10/Assessment-Taxscan.jpg "Assessment against a Non-Existing Amalgamating Entity is Invalid: ITAT [Read Order]")