![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 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...
![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]](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]")
![Notice for Reopening Assessment in respect of issue of Capital Gain issued in name of Deceased Person: ITAT directs re-adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Notice-Reopening-Assessment-Capital-Gain-Notice-for-Reopening-Assessment-in-respect-of-issue-of-Capital-Gain-Deceased-Person-ITAT-taxscan.jpg "Notice for Reopening Assessment in respect of issue of Capital Gain issued in name of Deceased Person: ITAT directs re-adjudication [Read Order]")
![Difference in dates of Agreement fixing for Consideration and Registration Of Property : ITAT directs to take Date of Agreement adopted by SVA for Compute Full Value Consideration [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Difference-dates-of-Agreement-Agreement-Registration-Of-Property-Registration-Property-taxscan.jpg "Difference in dates of Agreement fixing for Consideration and Registration Of Property : ITAT directs to take Date of Agreement adopted by SVA for Compute Full Value Consideration [Read Order]")
Operation of Non- Compete Agreement for 10 years: Delhi HC rules Compensation received for Non-Carrying of Business is Capital in Nature [Read Order]
The Delhi High Court ruled that compensation received for non-carrying of business is capital in nature after considering the operation of non- compete agreement for 10 years. The assessee, M/s...
![Operation of Non- Compete Agreement for 10 years: Delhi HC rules Compensation received for Non-Carrying of Business is Capital in Nature [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Non-Compete-Agreement-Delhi-HC-Non-Carrying-of-Business-Capital-in-Nature-taxscan.jpg "Operation of Non- Compete Agreement for 10 years: Delhi HC rules Compensation received for Non-Carrying of Business is Capital in Nature [Read Order]")
Failure to prove source of cash deposit in Canara Bank by assessee and Income Tax department:Â ITAT directs AO to Reduce Addition [Read Order]
The Income Tax Appellate Tribunal (ITAT), Chennai bench, directed the Assessing Officer to reduce the addition due to the failure to prove the source of the cash deposit made in Canara Bank by the...
![Failure to prove source of cash deposit in Canara Bank by assessee and Income Tax department:Â ITAT directs AO to Reduce Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/source-of-cash-deposit-Canara-Bank-Income-Tax-department-ITAT-AO-taxscan.jpg "Failure to prove source of cash deposit in Canara Bank by assessee and Income Tax department:Â ITAT directs AO to Reduce Addition [Read Order]")
Assessee has Sufficient Source of Income beyond Doubt for Investment in Immovable Property: ITAT deletes Addition for Unexplained Source of Income [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has deleted the addition for unexplained source of income as the assessee had sufficient source of income beyond the doubt for investment in...
![Assessee has Sufficient Source of Income beyond Doubt for Investment in Immovable Property: ITAT deletes Addition for Unexplained Source of Income [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/No-Excise-Duty-Demand-Data-Received-on-Pen-Drive-Reliable-Evidence-CESTAT-taxscan.jpg "Assessee has Sufficient Source of Income beyond Doubt for Investment in Immovable Property: ITAT deletes Addition for Unexplained Source of Income [Read Order]")
Re-assessment Proceedings under the Income Tax Act cannot be triggered qua Aspects Which AO Already Formed an Opinion: Delhi HC [Read Order]
The Delhi High Court held that reassessment proceedings under the Income Tax Act, 1961 cannot be triggered qua aspects which the Assessing Officer (AO) already formed an opinion on.        The...
![Re-assessment Proceedings under the Income Tax Act cannot be triggered qua Aspects Which AO Already Formed an Opinion: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Re-assessment-Proceedings-Income-Tax-Act-Income-Tax-Re-assessment-Proceedings-under-the-Income-Tax-Act-cannot-be-triggered-qua-Aspects-Which-AO-AO-Delhi-HC-taxscan-1.jpg "Re-assessment Proceedings under the Income Tax Act cannot be triggered qua Aspects Which AO Already Formed an Opinion: Delhi HC [Read Order]")
Assessment Order Passed u/s 144 rws 147 of Income Tax Act without DIN shall be treated as invalid: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Pune bench held that the assessment order passed under Section 144, read with Section 147 of the Income Tax Act, without a Document Identification Number...
![Assessment Order Passed u/s 144 rws 147 of Income Tax Act without DIN shall be treated as invalid: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Assessment-Order-Passed-Under-Section-144-rws-ITAT-Income-Tax-Income-Tax-Act-DIN-Document-Identification-Number-TAXSCAN.jpg "Assessment Order Passed u/s 144 rws 147 of Income Tax Act without DIN shall be treated as invalid: ITAT [Read Order]")
FTS and Interest Income earned from joint venture Indian company shall be taxed as per order passed TDS officer u/s 195 of Income Tax Act: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi bench held that the Fee for Technical Service (FTS) and interest income earned from the joint venture Indian company should be taxed as per the order...
![FTS and Interest Income earned from joint venture Indian company shall be taxed as per order passed TDS officer u/s 195 of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/FTS-and-Interest-Income-earned-joint-venture-Indian-company-taxed-as-per-order-passed-TDS-officer-Income-Tax-Act-ITAT-TAXSCAN.jpg "FTS and Interest Income earned from joint venture Indian company shall be taxed as per order passed TDS officer u/s 195 of Income Tax Act: ITAT [Read Order]")
Imposition of Income tax Addition is not Justified when Additional Amount towards Purchase of Land is made by other Two Co-owners : ITAT Condones Delay of 1494 Days [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal held that the additional amount paid in cash on money was admittedly paid by the other two-owners and not by the assessee, thus the Assessing...
![Imposition of Income tax Addition is not Justified when Additional Amount towards Purchase of Land is made by other Two Co-owners : ITAT Condones Delay of 1494 Days [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Imposition-Income-tax-Addition-Additional-Amount-Purchase-Land-Two-Co-owners-ITAT-Condones-Delay-TAXSCAN.jpg "Imposition of Income tax Addition is not Justified when Additional Amount towards Purchase of Land is made by other Two Co-owners : ITAT Condones Delay of 1494 Days [Read Order]")