![ITAT upholds Reassessment Proceedings initiated on information of Investigation Wings with respect to Accommodation Entry [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/02/ITAT-ITAT-Pune-Income-Tax-Reassessment-proceedings-Accommodation-entry-taxscan.jpg "ITAT upholds Reassessment Proceedings initiated on information of Investigation Wings with respect to Accommodation Entry [Read Order]")
ITAT upholds Reassessment Proceedings initiated on information of Investigation Wings with respect to Accommodation Entry [Read Order]
The Pune bench of Income Tax Appellate Tribunal ( ITAT ) upheld the reassessment proceedings initiated on information wings with...
![Reopening of Assessment as Threshold Income more than Rs. 50 lakhs which has Escaped Assessment: Kerala HC dismisses Writ Petition [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/02/Kerala-High-Court-Reopening-of-Assessment-Escaped-Assessment-Writ-Petition-Income-Tax-TAXSCAN.jpg "Reopening of Assessment as Threshold Income more than Rs. 50 lakhs which has Escaped Assessment: Kerala HC dismisses Writ Petition [Read Order]")
![Demand of Income Tax stays automatically on deposit of 20% of Assessed Tax: Kerala HC directs to decide Stay Petition [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/02/Income-Tax-Kerala-High-Court-Income-Tax-demand-Assessed-Tax-Petition-for-stay-Tax-deposit-taxscan.jpg "Demand of Income Tax stays automatically on deposit of 20% of Assessed Tax: Kerala HC directs to decide Stay Petition [Read Order]")
![Capital Gain u/s 47(xiii) cant be attracted on Failure to prove Existence of Firm and its Succession with Company: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/Capital-Gain-Failure-to-prove-Existence-of-Firm-and-its-Succession-with-Company-ITAT-TAXSCAN.jpg "Capital Gain u/s 47(xiii) cant be attracted on Failure to prove Existence of Firm and its Succession with Company: ITAT [Read Order]")
![Revisionary Order passed u/s 263 in Name of Non-Existent Entity is Void Ab-Initio and cant give rise to any Valid Collateral Proceeding: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/Revisionary-Order-Collateral-ITAT-ITAT-Kolkata-Collateral-Proceeding-Non-Existent-Entity-Void-Ab-Initio-taxscan.jpg "Revisionary Order passed u/s 263 in Name of Non-Existent Entity is Void Ab-Initio and cant give rise to any Valid Collateral Proceeding: ITAT [Read Order]")
Delhi HC sets aside Reassessment Order under Income Tax Act Triggered without valid Reason [Read Order]
The Delhi High Court set aside reassessment under section 147 of the Income Tax Act, 1961 triggered based on the change in opinion about the nature of the transaction. Shourya Estates Pvt Ltd, the...
![Delhi HC sets aside Reassessment Order under Income Tax Act Triggered without valid Reason [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/Delhi-HC-Reassessment-Order-Income-Tax-Act-Triggered-TAXSCAN.jpg "Delhi HC sets aside Reassessment Order under Income Tax Act Triggered without valid Reason [Read Order]")
Disclosure of Sale of Agricultural Land in Return of Income during Scrutiny Assessment: Madras HC quashes Reassessment initiated beyond 4 Years [Read Order]
The Madras High Court quashed reassessment initiated beyond 4 years on the disclosure of sale of agricultural land in the return of income during scrutiny assessment. The case of the petitioner,...
![Disclosure of Sale of Agricultural Land in Return of Income during Scrutiny Assessment: Madras HC quashes Reassessment initiated beyond 4 Years [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/Sale-of-Agricultural-Land-Scrutiny-Assessment-Return-of-Income-Reassessment-High-Court-taxscan.jpg "Disclosure of Sale of Agricultural Land in Return of Income during Scrutiny Assessment: Madras HC quashes Reassessment initiated beyond 4 Years [Read Order]")
Relief to Agriculturist and Auto Driver: Bombay HC quashes Sanction and Assessment Order given u/s 151(i) instead of 151(ii) of IT Act [Read Order]
The Bombay High Court, has invalidated income tax assessments and subsequent proceedings for the assessment year 2016-2017 against agriculturists and rickshaw drivers due to improper sanction. The...
![Relief to Agriculturist and Auto Driver: Bombay HC quashes Sanction and Assessment Order given u/s 151(i) instead of 151(ii) of IT Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/Agriculturist-Auto-Driver-Bombay-High-Court-Assessment-Order-tax-assessments-improper-sanction-taxscan.jpg "Relief to Agriculturist and Auto Driver: Bombay HC quashes Sanction and Assessment Order given u/s 151(i) instead of 151(ii) of IT Act [Read Order]")
Reopening of Assessment on Allegation of Bogus Purchase based on Statement: Supreme Court Dismisses SLP [Read Order]
In a recent case, the Supreme Court dismissed the Special Leave Petition (SLP) which arose out of the impugned final judgment and order passed by the High Court of Gujarat wherein the Challenge...
Kerala HC dismisses Writ Petition against Assessment Order as Assessee Fails to Participate Proceedings u/s 147 of Income Tax Act [Read Order]
The Kerala High Court dismissed the writ petition against the assessment order as the assessee failed to participate in proceedings under section 147 of the Income Tax Act, 1961. Katteri Kaderi,...
![Kerala HC dismisses Writ Petition against Assessment Order as Assessee Fails to Participate Proceedings u/s 147 of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Kerala-HC-kerala-high-court-high-court-high-court-news-tax-news-Writ-Petition-taxscan.jpg "Kerala HC dismisses Writ Petition against Assessment Order as Assessee Fails to Participate Proceedings u/s 147 of Income Tax Act [Read Order]")
Kerala HC directs NFAC to decide Appeal against Demand Notice u/s 147 of Income Tax Act in Time Bound Manner [Read Order]
A Single Bench of Kerala High Court has directed the National Faceless Appeal Centre (NFAC) to decide the appeal against the demand notice under Section 147 of the Income Tax Act 1961, in a time...
![Kerala HC directs NFAC to decide Appeal against Demand Notice u/s 147 of Income Tax Act in Time Bound Manner [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/NFAC-to-decide-Appeal-National-Faceless-Appeal-Centre-Income-Tax-Act-in-Time-Bound-Manner-TAXSCAN.jpg "Kerala HC directs NFAC to decide Appeal against Demand Notice u/s 147 of Income Tax Act in Time Bound Manner [Read Order]")
Non-striking of Irrelevant limb amounts to Vagueness and Ambiguity in Notice which tantamount to Non-Application of Mind: ITAT grants relief to Global Cricket [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) granted relief to Global Cricket and held that non-striking of irrelevant limbs amounts to vagueness and ambiguity in the notice which is...
![Non-striking of Irrelevant limb amounts to Vagueness and Ambiguity in Notice which tantamount to Non-Application of Mind: ITAT grants relief to Global Cricket [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Ambiguity-in-Notice-Notice-Ambiguity-tantamount-Non-Application-of-Mind-ITAT-grants-relief-to-Global-Cricket-ITAT-Global-Cricket-Cricket-taxscan.jpg "Non-striking of Irrelevant limb amounts to Vagueness and Ambiguity in Notice which tantamount to Non-Application of Mind: ITAT grants relief to Global Cricket [Read Order]")