HomeDirect TaxLife Insurance Taxation: Karnataka HC Quashes Reassessment Proceedings Against PNB MetLife

Life Insurance Taxation: Karnataka HC Quashes Reassessment Proceedings Against PNB MetLife

Published on

🚀 Stay Connected With JurisHour

WhatsApp X Telegram

The Karnataka High Court has quashed reassessment proceedings initiated against PNB MetLife India Insurance Company Limited for the Assessment Year (AY) 2014–15, holding that the issue involved was already conclusively settled in favour of the insurer in earlier years. The bench of Justice S.R. Krishna Kumar  set aside both the jurisdictional objection rejection order dated…

Membership Required

You must be a member to access this content.

View Membership Levels

Already a member? Log in here
Mariya Paliwala
Mariya Paliwalahttps://www.jurishour.in/
Mariya is the Senior Editor at Juris Hour. She has 7+ years of experience on covering tax litigation stories from the Supreme Court, High Courts and various tribunals including CESTAT, ITAT, NCLAT, NCLT, etc. Mariya graduated from MLSU Law College, Udaipur (Raj.) with B.A.LL.B. and also holds an LL.M. She started her career as a freelance tax reporter in the leading online legal news companies.

Latest articles

ITAT Restores Dawoodi Bohra Jamat’s 12AB Registration Matter

The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has set aside an...

Donation to Political Party Was Part of Accommodation Entry Scheme: ITAT Upholds Denial of S. 80GGC Deduction

The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has upheld the disallowance...

Post-Polio Disability Constitutes Sufficient Cause to Condon 607-Day Delay: ITAT Restores Agricultural Income Dispute to AO

The Rajkot Bench of the Income Tax Appellate Tribunal (ITAT) has condoned a 607-day...

Charitable Trust’s Income Tax Appeal Should Be Decided on Merits Instead of Technical Limitation: Bombay HC Condones 1,797-Day Delay

The Bombay High Court has held that a liberal and justice-oriented approach should be...

More like this

ITAT Restores Dawoodi Bohra Jamat’s 12AB Registration Matter

The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has set aside an...

Donation to Political Party Was Part of Accommodation Entry Scheme: ITAT Upholds Denial of S. 80GGC Deduction

The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has upheld the disallowance...

Post-Polio Disability Constitutes Sufficient Cause to Condon 607-Day Delay: ITAT Restores Agricultural Income Dispute to AO

The Rajkot Bench of the Income Tax Appellate Tribunal (ITAT) has condoned a 607-day...