![Filing Appeal against Penalty order Instead of Assessment Order: Calcutta HC dismisses Writ Petition [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Filing-Appeal-Appeal-Penalty-order-Assessment-Order-Calcutta-HC-Writ-Petition-taxscan.jpg "Filing Appeal against Penalty order Instead of Assessment Order: Calcutta HC dismisses Writ Petition [Read Order]")
Filing Appeal against Penalty order Instead of Assessment Order: Calcutta HC dismisses Writ Petition [Read Order]
A Single Bench of the Calcutta High Court dismissed writ petition as appeal was filed against the penalty order instead of assessment order. By...
![No Nexus between Information and belief of Escapement of Income: ITAT invalidates Assessment by AO [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Nexus-Information-Escapement-of-Income-Income-ITAT-Assessment-AO-taxscan.jpg "No Nexus between Information and belief of Escapement of Income: ITAT invalidates Assessment by AO [Read Order]")
![Initiation of Re-assessment proceeding beyond six years is barred by Limitation, not valid: Calcutta HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Initiation-of-Re-assessment-proceeding-beyond-barred-by-Limitation-not-valid-Calcutta-HC-TAXSCAN.jpg "Initiation of Re-assessment proceeding beyond six years is barred by Limitation, not valid: Calcutta HC [Read Order]")
![No Writ Jurisdiction When Alternate Remedy of Appeal available u/s 246 of Income Tax Act: Bombay HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Writ-Jurisdiction-Alternate-Remedy-Appeal-Income-Tax-Act-Bombay-High-court-Income-Tax-tax-taxscan.jpg "No Writ Jurisdiction When Alternate Remedy of Appeal available u/s 246 of Income Tax Act: Bombay HC [Read Order]")
![Reassessment u/s 147 simply relied on the Non-PAN AIR information is not valid: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Reassessment-Non-PAN-AIR-information-non-PAN-AIR-ITAT-income-tax-taxscan.jpg "Reassessment u/s 147 simply relied on the Non-PAN AIR information is not valid: ITAT [Read Order]")
Delhi HC quashes Pre-Consultation Notice u/s 148A(d) of Income Tax Act passed without Considering Detailed Reply of Assessee [Read Order]
A division bench of the Delhi High Court, while considering a writ petition, has quashed a pre-consultation notice issued under section 148A(d) of the Income Tax Act, 1961 stating that the same was...
![Delhi HC quashes Pre-Consultation Notice u/s 148A(d) of Income Tax Act passed without Considering Detailed Reply of Assessee [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Delhi-HC-Pre-Consultation-Notice-Income-Tax-Act-taxscan.jpg "Delhi HC quashes Pre-Consultation Notice u/s 148A(d) of Income Tax Act passed without Considering Detailed Reply of Assessee [Read Order]")
Income Tax Addition on Cash Deposit is not allowable When Additional Evidence explaining Source submitted by Assessee: ITAT [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT)has held that addition to a cash deposit is not allowable when additional evidence explaining the source is submitted by the assessee. Dr...
![Income Tax Addition on Cash Deposit is not allowable When Additional Evidence explaining Source submitted by Assessee: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/cash-deposit-additional-evidence-assessee-ITAT-taxscan-.jpeg "Income Tax Addition on Cash Deposit is not allowable When Additional Evidence explaining Source submitted by Assessee: ITAT [Read Order]")
Assumption of Jurisdiction by Assessing Authority beyond period of 4 years is not barred by Limitation in the absence of Full and True Disclosure u/s 147: Madras HC [Read Order]
Assumption of jurisdiction by the assessing authority beyond the period of 4 years is not barred by limitation in the absence of full and true disclosure under section 147 of the Income Tax Act,1961,...
![Assumption of Jurisdiction by Assessing Authority beyond period of 4 years is not barred by Limitation in the absence of Full and True Disclosure u/s 147: Madras HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/jurisdiction-assessing-authority-Madras-HC-taxscan.jpeg "Assumption of Jurisdiction by Assessing Authority beyond period of 4 years is not barred by Limitation in the absence of Full and True Disclosure u/s 147: Madras HC [Read Order]")
Deposits were made from Past Savings and Earnings of entire family for Study Visa requirement of son: ITAT deletes Income Tax Addition [Read Order]
In an assessee friendly ruling, the Income Tax Appellate Tribunal (ITAT), Chandigarh deleted addition of Rupees Three Lakhs as Deposits were made from past savings and earnings of entire family for...
![Deposits were made from Past Savings and Earnings of entire family for Study Visa requirement of son: ITAT deletes Income Tax Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Deposits-Savings-and-Earnings-Study-Visa-requirement-ITAT-Income-Tax-Addition-taxscan.jpeg "Deposits were made from Past Savings and Earnings of entire family for Study Visa requirement of son: ITAT deletes Income Tax Addition [Read Order]")
Section 194C (6) & (7) are independent of each other and cannot be read together to attract Disallowance u/s 40(a)(ia): ITAT quashes Rectification Order [Read Order]
Section 194C (6) & (7) are independent of each other and cannot be read together to attract disallowance u/s 40(a)(ia), the Chennai Bench of the Income Tax Appellate Tribunal (ITAT) quashed the...
![Section 194C (6) & (7) are independent of each other and cannot be read together to attract Disallowance u/s 40(a)(ia): ITAT quashes Rectification Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/independent-disallowance-ITAT-rectification-order-taxscan.jpg "Section 194C (6) & (7) are independent of each other and cannot be read together to attract Disallowance u/s 40(a)(ia): ITAT quashes Rectification Order [Read Order]")
Re-Assessment Framed for Escapement of Income by Share Trading Business which does not belong to Assessee: ITAT sets aside proceedings u/s 147 [Read Order]
The Income Tax Appellate Tribunal (ITAT), Ahmedabad set aside proceedings under Section 147 on the ground that Re assessment framed for escapement of income by a share trading business that does not...
![Re-Assessment Framed for Escapement of Income by Share Trading Business which does not belong to Assessee: ITAT sets aside proceedings u/s 147 [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Re-assessment-income-business-assessee-ITAT-taxscan.jpeg "Re-Assessment Framed for Escapement of Income by Share Trading Business which does not belong to Assessee: ITAT sets aside proceedings u/s 147 [Read Order]")
'True Copies' submitted before Income Tax Authorities do not have Evidentiary Value: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Ahmedabad bench has held that the “true copies” submitted before the income tax authorities do not have evidentiary value under the Income Tax Act, 1961. ...
![True Copies submitted before Income Tax Authorities do not have Evidentiary Value: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Evidentiary-Value-ITAT-taxscan.jpg "True Copies submitted before Income Tax Authorities do not have Evidentiary Value: ITAT [Read Order]")