![Assessment Order without Issuing proper Notice: ITAT quashes Assessment Order and Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Assessment-Order-Issuing-proper-Notice-ITAT-quashes-Assessment-Order-ITAT-quashes-Addition-taxscan.jpg "Assessment Order without Issuing proper Notice: ITAT quashes Assessment Order and Addition [Read Order]")
Assessment Order without Issuing proper Notice: ITAT quashes Assessment Order and Addition [Read Order]
The New Delhi Bench of the Income Tax Appellate Tribunal (ITAT) quashed the assessment order and addition of income due to the invalid notice issued...
![AO violates Principles of Natural Justice by refusing Accommodation Request showing Failure to disclose Sale Consideration: Delhi HC directs Re-Adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/AO-Accommodation-request-sale-consideration-Delhi-HC-Readjudication-Principles-of-natural-justice-violation-of-principles-of-natural-justice-Taxscan.jpg "AO violates Principles of Natural Justice by refusing Accommodation Request showing Failure to disclose Sale Consideration: Delhi HC directs Re-Adjudication [Read Order]")
![Section 245C (1) Application under Income Tax Act, not Maintainable in Absence of Case for Relevant AY: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Income-Tax-Act-Application-under-Income-Tax-Act-not-Maintainable-in-Absence-of-Case-for-Relevant-AY-Delhi-High-Court-Taxscan.jpg "Section 245C (1) Application under Income Tax Act, not Maintainable in Absence of Case for Relevant AY: Delhi HC [Read Order]")
![Assessment Order passed u/s 147 of Income Tax Act against Non-Existing Entity is Void Ab Initio: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Assessment-Order-Income-Tax-Act-Non-Existing-Entity-Void-Ab-Initio-ITAT.jpg "Assessment Order passed u/s 147 of Income Tax Act against Non-Existing Entity is Void Ab Initio: ITAT [Read Order]")
ITAT quashes Ex-parte Order due to Non-Service of Notice, grants Assessee Opportunity of Hearing [Read Order]
The Ahmedabad bench of the Income Tax Appellate Tribunal (ITAT) recently quashed an ex-parte order due to the non-service of notice and granted the assessee the opportunity of hearing. The...
![ITAT quashes Ex-parte Order due to Non-Service of Notice, grants Assessee Opportunity of Hearing [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/ITAT-ITAT-quashes-Ex-parte-Order-Ex-parte-Order-Non-Service-of-Notice-Assessee-Opportunity-of-Hearing-Notice-Assessee-Opportunity-of-Hearing-taxscan.jpg "ITAT quashes Ex-parte Order due to Non-Service of Notice, grants Assessee Opportunity of Hearing [Read Order]")
Legal Prerequisite for Reopening Beyond 4 years u/s 147 not Fulfilled: ITAT sets aside Reassessment Orders [Read Order]
The Income Tax Appellate Tribunal (ITAT), Ahmedabad Bench, has recently in an appeal filed before it, on finding that the legal prerequisite for reopening beyond 4 years under section 147 was not...
![Legal Prerequisite for Reopening Beyond 4 years u/s 147 not Fulfilled: ITAT sets aside Reassessment Orders [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Legal-Prerequisite-ITAT-Reassessment-Orders-taxscan.jpg "Legal Prerequisite for Reopening Beyond 4 years u/s 147 not Fulfilled: ITAT sets aside Reassessment Orders [Read Order]")
Cash Deposited in Bank account of Assessee, is not sufficient for Formation of "Belief of Escapement of Income" by AO: ITAT sets aside Assessment Order
The Income Tax Appellate Tribunal (ITAT), Ahmedabad Bench, has recently, in an appeal filed before it, while setting aside an assessment order, held that the cash deposited in bank account of the...
Re-Opening of Assessment Impossible Beyond 4 Years, once Assessment Completed u/s 143(3): ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Bengaluru, has recently, in an appeal filed before it, held that reopening of assessment is impossible beyond 4 years, once the assessment is completed under...
![Re-Opening of Assessment Impossible Beyond 4 Years, once Assessment Completed u/s 143(3): ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Re-Opening-of-Assessment-Impossible-Assessment-Completed-ITAT-TAXSCAN.jpg "Re-Opening of Assessment Impossible Beyond 4 Years, once Assessment Completed u/s 143(3): ITAT [Read Order]")
Re-Assessment Notice Issued After Four Years of Relevant AY: ITAT quashes Order u/s 147 [Read Order]
The Income Tax Appellate Tribunal (ITAT), Chennai Bench, has recently, in an appeal filed before it, on finding that the re-assessment notice was issued after four years of the relevant AY, quashed...
![Re-Assessment Notice Issued After Four Years of Relevant AY: ITAT quashes Order u/s 147 [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Re-Assessment-Notice-Re-Assessment-Re-Assessment-Notice-Issued-After-Four-Years-ITAT-quashes-Order-Relevant-AY-After-Four-Years-of-Relevant-AY-ITAT-taxscan.jpg "Re-Assessment Notice Issued After Four Years of Relevant AY: ITAT quashes Order u/s 147 [Read Order]")
Exemption u/s 10(38) cannot be Disallowed when Transaction is Not Declared as Penny Stock: ITAT [Read Order]
The Ahmedabad bench of the Income Tax Appellate Tribunal (ITAT) has recently held that exemption under Section 10(38) of Income Tax Act, 1961 could not be disallowed when a transaction is not...
![Exemption u/s 10(38) cannot be Disallowed when Transaction is Not Declared as Penny Stock: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Exemption-Disallowed-Transaction-Penny-Stock-ITAT-Income-Tax-Taxscan.jpg "Exemption u/s 10(38) cannot be Disallowed when Transaction is Not Declared as Penny Stock: ITAT [Read Order]")
