![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]")
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...
![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]](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]")
![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]")
Cess Collected under BOCW Act is Taxable Income, not a Grant, Despite Section 12A Registration: ITAT [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal ( ITAT ) denied tax exemption for cess collected under the Building and Other Construction Work Act, 1996 ( BOCW Act ) despite Section 12A...
![Cess Collected under BOCW Act is Taxable Income, not a Grant, Despite Section 12A Registration: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/Income-Tax-Cess-Collection-Cess-on-Income-Tax-TAXSCAN.jpg "Cess Collected under BOCW Act is Taxable Income, not a Grant, Despite Section 12A Registration: ITAT [Read Order]")
![ITAT quashes Income Tax Notice & Order issued by AO u/s 148 without Jurisdiction [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/ITAT-ITAT-Mumbai-Income-Tax-section-148-Income-Tax-Act-Assessing-Officer-notice-income-tax-notices-taxscan.jpg "ITAT quashes Income Tax Notice & Order issued by AO u/s 148 without Jurisdiction [Read Order]")
![Capital Gain Exemption Shall Not Be Denied Merely Due To Claim Made Additionally: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/ITAT-Capital-Gain-Capital-Gain-Exemption-Income-Tax-Appellate-Tribunal-ITAT-raipur-revision-assessment-Income-Tax-Appellate-Tribunal-taxscan.jpg "Capital Gain Exemption Shall Not Be Denied Merely Due To Claim Made Additionally: ITAT [Read Order]")
No Physical Notice issued before Ex-Parte Proceedings on Unexplained Investment: ITAT remands Matter to CIT(A) for Fresh Adjudication [Read Order]
The New Delhi Bench of the Income Tax Appellate Tribunal ( ITAT ) has remanded the case to the Commissioner of Income Tax (Appeals) for a fresh adjudication. This decision was made because CIT(A) did...
ITAT upholds Reopening of Assessment u/s 148 of Income Tax Act on Reason to Believe Tax Escapement [Read Order]
In a recent case, the Income Tax Appellate Tribunal (ITAT) of Ahmedabad upheld the reopening of assessment under section 148 of the Income Tax Act 1961 (ITA) as the tribunal observed that the...
![ITAT upholds Reopening of Assessment u/s 148 of Income Tax Act on Reason to Believe Tax Escapement [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/ITAT-Reopening-of-Assessment-section-148-of-Income-Tax-Act-Tax-Escapement-taxscan.jpg "ITAT upholds Reopening of Assessment u/s 148 of Income Tax Act on Reason to Believe Tax Escapement [Read Order]")
Reassessment Notice u/s 148 Challenged only after Issuance of Order instead of its Inception: Rajasthan HC declines to Entertain Petition [Read Order]
The Rajasthan High Court declined to exercise the jurisdiction under Article 226 of Constitution of India as the income tax reassessment notice under Section 148 was challenged only after the...
