![Block Assessment is Invalid in the absence of Satisfaction recorded by AO of Searched Party: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/10/Assessment-Taxscan.jpg "Block Assessment is Invalid in the absence of Satisfaction recorded by AO of Searched Party: ITAT [Read Order]")
Block Assessment is Invalid in the absence of Satisfaction recorded by AO of Searched Party: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai, while quashing a block assessment, held that the same with not sustainable in law as the...
![No Separate Search Warrant required to Brothers who are Involved in Common Business: Delhi HC upholds Addition [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/03/Search-Warrant-Taxscan.jpg "No Separate Search Warrant required to Brothers who are Involved in Common Business: Delhi HC upholds Addition [Read Judgment]")
![Assessment u/s 153C cannot be invalidated for want of satisfaction of AO when AO of both the Assessee and the Searched Person is same: Delhi HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2017/01/Re-Assessment-Taxscan.jpg "Assessment u/s 153C cannot be invalidated for want of satisfaction of AO when AO of both the Assessee and the Searched Person is same: Delhi HC [Read Judgment]")
Non-Enclosure of Audit Report to Return of Income would not attract Penalty: ITAT Hyderabad [Read Order]
In a recent ruling, the Hyderabad ITAT ruled that non- enclosure of audit report to the return of income would not attract penalty under section 271B of the Income Tax Act. During the course of...
![Non-Enclosure of Audit Report to Return of Income would not attract Penalty: ITAT Hyderabad [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/06/Audit-Tax-Scan.jpg "Non-Enclosure of Audit Report to Return of Income would not attract Penalty: ITAT Hyderabad [Read Order]")
Block Assessment based on Statement of an Employee of Assessee u/s 133A alone is invalid in absence of Any other ‘incriminating material’: Delhi HC [Read Judgment]
In a significant ruling, the division bench of the Delhi High Court held that Block Assessment under Section 153C of the Income Tax Act is not sustainable if it was made on the basis of Statement of...
![Block Assessment based on Statement of an Employee of Assessee u/s 133A alone is invalid in absence of Any other ‘incriminating material’: Delhi HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/06/Delhi-High-Court-Tax-Scan-1.jpg "Block Assessment based on Statement of an Employee of Assessee u/s 133A alone is invalid in absence of Any other ‘incriminating material’: Delhi HC [Read Judgment]")
Serving Notice to Assessee is not an ‘Empty Formality’: ITAT deletes a Revision Order passed Ex-parte [Read Order]
While quashing an order of revision passed ex parte by the CIT under section 263 of the Income Tax Act, the ITAT Hyderabad held that serving of notice to assessee and giving him an opportunity to be...
![Serving Notice to Assessee is not an ‘Empty Formality’: ITAT deletes a Revision Order passed Ex-parte [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/09/ITAT-Kolkata-TaxScan.jpg "Serving Notice to Assessee is not an ‘Empty Formality’: ITAT deletes a Revision Order passed Ex-parte [Read Order]")
Document Seized from a Broker cannot be used as Evidence to Proceed Assessment against assessee u/s 153C: Delhi HC [Read Order]
In Principal Commissioner of Income Tax v. Vanita Chaurasiya, the division bench of the Delhi High Court held that the materials seized from a real estate broker relating to the assessee cannot be...
![Document Seized from a Broker cannot be used as Evidence to Proceed Assessment against assessee u/s 153C: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/08/Delhi-High-Court-Tax-Scan.jpg "Document Seized from a Broker cannot be used as Evidence to Proceed Assessment against assessee u/s 153C: Delhi HC [Read Order]")
Documents found during Search must ‘belong to Assessee’ is a necessary Condition to invoke Assessment u/s 153C: Bombay HC
The division bench of the Bombay High Court, in a recent decision, held that the documents found during search must “belong to the assessee” is a necessary condition to invoke assessment u/s 153C of...
Penalty Proceedings are Void if the notice was issued by the AO without Application of Mind: ITAT Mumbai [Read Order]
Recently, the division bench of the ITAT Mumbai quashed the penalty proceedings under section 271(1)(a) of the Income Tax Act alleging concealment of income on the part of the assessee and held that...
![Penalty Proceedings are Void if the notice was issued by the AO without Application of Mind: ITAT Mumbai [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/09/Assessing-officer-Tax-Scan.jpg "Penalty Proceedings are Void if the notice was issued by the AO without Application of Mind: ITAT Mumbai [Read Order]")
Relegating a Party to the Alternative Remedy at a belated stage is the discretion of the Court: Gujarat HC [Read Judgment]
In a recent decision, the Gujarat High Court observed that it is the discretion of the Court to relegate a party to the alternative remedy at a belated stage. In the opinion of the Court, it is not an...
![Relegating a Party to the Alternative Remedy at a belated stage is the discretion of the Court: Gujarat HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/06/Gujarat-High-Court-Tax-Scan.jpg "Relegating a Party to the Alternative Remedy at a belated stage is the discretion of the Court: Gujarat HC [Read Judgment]")