![Calcutta HC stays Notice issued by Jurisdictional AO in contravention to provisions u/s 151A of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/Income-Tax-Income-Tax-Act-Calcutta-High-Court-Income-Tax-notice-stay-Cases-TAXSCAN.jpg "Calcutta HC stays Notice issued by Jurisdictional AO in contravention to provisions u/s 151A of Income Tax Act [Read Order]")
Calcutta HC stays Notice issued by Jurisdictional AO in contravention to provisions u/s 151A of Income Tax Act [Read Order]
The Calcutta High Court stayed the notice issued by the Jurisdictional Assessing Officer ( AO ) in contravention to provisions under section 151A of...
![ITAT quashes Reassessment due to Invalid S.148 Notice, Deletes ₹6.93 Crore Additions [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/Income-Tax-Income-tax-Reassessment-Section-148-Income-Tax-Act-Income-Tax-Act-taxscan.jpg "ITAT quashes Reassessment due to Invalid S.148 Notice, Deletes ₹6.93 Crore Additions [Read Order]")
![Calcutta HC Stays Notice Issued u/s 148 of Income Tax Act Till Disposal of Writ Petition [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/Calcutta-High-Court-Income-Tax-Act-Section-148-of-Income-Tax-Act-Notice.jpg "Calcutta HC Stays Notice Issued u/s 148 of Income Tax Act Till Disposal of Writ Petition [Read Order]")
![Lack of Notice for Hearing served to assessee: ITAT restores file for Denovo proceedings [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/TAT-ITAT-Chandigarh-Denovo-proceedings-Lack-of-notice-for-hearing-ITAT-restores-file-Income-tax-taxscan.jpg "Lack of Notice for Hearing served to assessee: ITAT restores file for Denovo proceedings [Read Order]")
PCCIT’s or Director General's Approval required for Income Tax Reassessment Post 3 Year Time Limit: ITAT [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal ( ITAT ) quashed reassessment proceedings because the approval was wrongly obtained from the Principal Commissioner of Income Tax ( PCIT ) instead of...
![PCCIT’s or Director Generals Approval required for Income Tax Reassessment Post 3 Year Time Limit: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-ITAT-Mumbai-Income-tax-Income-Tax-Reassessment-Director-General-PCIT-PCCIT-Approval-Director-General-Approval-taxscan.jpg "PCCIT’s or Director Generals Approval required for Income Tax Reassessment Post 3 Year Time Limit: ITAT [Read Order]")
CBDT Circular or Instructions could not have been issued to Over-ride Provisions under Income Tax Act: Punjab and Haryana High Court [Read Order]
In a recent case, the Punjab and Haryana High Court has held that circular or instructions by Central Board of Direct Taxes ( CBDT ) could not have been issued to override the provisions under Income...
![CBDT Circular or Instructions could not have been issued to Over-ride Provisions under Income Tax Act: Punjab and Haryana High Court [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/CBDT-CBDT-Circular-Income-Tax-Act-Income-Tax-Central-Board-of-Direct-Taxes-Punjab-and-Haryana-High-Court-taxscan.jpg "CBDT Circular or Instructions could not have been issued to Over-ride Provisions under Income Tax Act: Punjab and Haryana High Court [Read Order]")
Punjab & Haryana HC sets aside Reassessment Proceedings initiated without conducting Faceless Assessment u/s 144 B of Income Tax Act [Read Order]
In a recent case, the Punjab & Haryana High Court set aside the reassessment proceedings initiated without conducting Faceless Assessment under section 144B of Income Tax Act,1996. Bhartiya...
![Punjab & Haryana HC sets aside Reassessment Proceedings initiated without conducting Faceless Assessment u/s 144 B of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/Punjab-Haryana-High-Court-Income-Tax-Act-Reassessment-Faceless-Assessment-Income-Tax-Taxscan.jpg "Punjab & Haryana HC sets aside Reassessment Proceedings initiated without conducting Faceless Assessment u/s 144 B of Income Tax Act [Read Order]")
Instructions and Circulars can be issued Only for Supplementing Statutory Provisions: Punjab & Haryana HC sets aside Income Tax Order Contrary to Income Tax Act [Read Order]
In a recent case, the Punjab and Haryana High Court held that instructions and circulars can be issued only for supplementing statutory provisions and set aside Income Tax Order Contrary to Income...
![Instructions and Circulars can be issued Only for Supplementing Statutory Provisions: Punjab & Haryana HC sets aside Income Tax Order Contrary to Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/Income-tax-Income-Tax-Order-Income-Tax-Act-Statutory-Provisions-Punjab-and-Haryana-HC-taxscan.jpg "Instructions and Circulars can be issued Only for Supplementing Statutory Provisions: Punjab & Haryana HC sets aside Income Tax Order Contrary to Income Tax Act [Read Order]")
Madras HC Sets Aside Draft Assessment Issued u/s 144C Due to Failure to Address Objections, Remands Matter [Read Order]
In a recent ruling, the Madras High Court set aside the draft assessment issued under Section 144C of the Income Tax Act, 1961 by the assessing officer ( AO ). This decision was made due to AO’s...
ITAT denies Exemption u/s 10(38) for LTCG on Share Sale, Citing alleged Conversion of Unaccounted Money [Read Order]
The two member bench of the Income Tax Appellate Tribunal ( ITAT ) in Ahmedabad, denied the exemption under Section 10(38) of the Income Tax Act, 1961, for long-term capital gains ( LTCG ) on share...
![ITAT denies Exemption u/s 10(38) for LTCG on Share Sale, Citing alleged Conversion of Unaccounted Money [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/ITAT-ITAT-Ahmedabad-Capital-gain-LTCG-long-term-capital-gains-ITAT-Denies-Exemption-taxscan.jpg "ITAT denies Exemption u/s 10(38) for LTCG on Share Sale, Citing alleged Conversion of Unaccounted Money [Read Order]")
Calcutta HC Stays Assessment Order Passed U/s 148 of Income Tax Act due to Jurisdictional Error [Read Order]
The Calcutta High Court in a recent case stayed the assessment order passed under section 148 of the Income Tax Act, 1961 due to jurisdictional error. Rahul Saraf, the petitioner challenged the...
![Calcutta HC Stays Assessment Order Passed U/s 148 of Income Tax Act due to Jurisdictional Error [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/income-Tax-Income-Tax-Act-Income-Tax-Assessment-jurisdictional-error-TAXSCAN.jpg "Calcutta HC Stays Assessment Order Passed U/s 148 of Income Tax Act due to Jurisdictional Error [Read Order]")