![Re-Assessment can’t be done merely because some Aspects of Deduction Claim was not Examined in Original Assessment: Gujarat HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/02/Re-Assessment.jpg "Re-Assessment can’t be done merely because some Aspects of Deduction Claim was not Examined in Original Assessment: Gujarat HC [Read Judgment]")
Re-Assessment can’t be done merely because some Aspects of Deduction Claim was not Examined in Original Assessment: Gujarat HC [Read Judgment]
The Gujarat High Court has recently held that Re-Assessment under section 147/ 148 of the Income Tax Act, 1961 cannot be re-opened merely on the...
![Notice under Section 148 after 4 years from the end of AY without obtaining a sanction Bad in Law: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/03/ITAT-Taxscan.jpg "Notice under Section 148 after 4 years from the end of AY without obtaining a sanction Bad in Law: ITAT [Read Order]")
![Both ACIT and JCIT can sanction Notice for Re-Opening of Assessment: Allahabad HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/08/Notice-Taxscan.jpg "Both ACIT and JCIT can sanction Notice for Re-Opening of Assessment: Allahabad HC [Read Order]")
![Notice before Initiating Reassessment Proceeding is a Mandatory Requirement: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/12/Notice-Taxscan.jpg "Notice before Initiating Reassessment Proceeding is a Mandatory Requirement: ITAT [Read Order]")
![Re-Opening of Assessment without Application of Mind is Invalid: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/06/ITAT-Agra-Taxscan.jpg "Re-Opening of Assessment without Application of Mind is Invalid: ITAT [Read Order]")
![Failure of Full Disclosure Valid Ground for Reassessment: Bombay High Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/06/Bombay-High-Court-Tax-Scan.jpg "Failure of Full Disclosure Valid Ground for Reassessment: Bombay High Court [Read Judgment]")
Re-Assessment passed after 4 years without Approval of Chief Commissioner or Commissioner of Income Tax is Invalid: Delhi HC [Read Judgment]
The Delhi High Court recently announced that the re-assessment passed under sections 147/ 148 of the Income Tax Act after 4 years without the approval of Chief Commissioner or Commissioner of Income...
ITAT Quashes Re-Assessment since Service of Notice by Affixture was done at a Wrong Address [Read Order]
Kolkata bench of Income Tax Appellate Tribunal (ITAT) recently quashed the re-assessment under section 147/148 of the Income Tax Act since service of notice by affixture was done at a wrong address. ...
![ITAT Quashes Re-Assessment since Service of Notice by Affixture was done at a Wrong Address [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/01/Re-Assessment-Taxscan.jpg "ITAT Quashes Re-Assessment since Service of Notice by Affixture was done at a Wrong Address [Read Order]")
ITAT confirms Penalty since Assessee failed to Disclose Income during Scrutiny Proceedings as well as Appellate Proceedings [Read Order]
While considering the appeal filed by the assessee Hyderabad bench of Income Tax Appellate Tribunal (ITAT) confirmed penalty imposed by the Assessing Officer (AO) since the assessee failed to disclose...
![ITAT confirms Penalty since Assessee failed to Disclose Income during Scrutiny Proceedings as well as Appellate Proceedings [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/12/No-Penalty-Taxscan.jpg "ITAT confirms Penalty since Assessee failed to Disclose Income during Scrutiny Proceedings as well as Appellate Proceedings [Read Order]")
Export Incentives are not Includable while Computing Eligible Profits for Deduction u/s. 80IC: ITAT [Read Order]
The Income Tax Appellate Tribunal Mumbai bench recently pronounced that Export incentives are not Includable while computing eligible profits for deduction under Section 80IC of the Income Tax Act,...
![Export Incentives are not Includable while Computing Eligible Profits for Deduction u/s. 80IC: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/11/Export-Incentive-ITAT-Taxscan.jpg "Export Incentives are not Includable while Computing Eligible Profits for Deduction u/s. 80IC: ITAT [Read Order]")
Assessment can’t be Re-Opened When there is No Failure on the part of Assessee to Disclose Material facts: ITAT [Read Order]
The Mumbai bench of Income Tax Appellate Tribunal recently declared that assessment cannot be re-opened by invoking sections 147/148 of the Income Tax Act when there is no failure on the part of the...
![Assessment can’t be Re-Opened When there is No Failure on the part of Assessee to Disclose Material facts: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/09/ITAT-Chandigarh-Taxscan.jpg "Assessment can’t be Re-Opened When there is No Failure on the part of Assessee to Disclose Material facts: ITAT [Read Order]")
No Addition for ‘Deemed Dividend’ when Assessee Pledged his Personal Properties to Bank to Borrow Money for Company: ITAT [Read Order]
The Income Tax Appellate Tribunal recently ordered that the provisions of ‘deemed dividend’ under the Income Tax Act would not attract in a case where the assessee pledged his personal properties to...
![No Addition for ‘Deemed Dividend’ when Assessee Pledged his Personal Properties to Bank to Borrow Money for Company: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/08/Deemed-Dividends-Taxscan.jpg "No Addition for ‘Deemed Dividend’ when Assessee Pledged his Personal Properties to Bank to Borrow Money for Company: ITAT [Read Order]")