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Reassessment Without Valid S. 151 Sanction Signature Quashed: ITAT

The Income Tax Appellate Tribunal (ITAT) Mumbai has quashed multiple reassessment proceedings initiated against...

Real Estate Trader Wins | ITAT Deletes Income Tax Addition On Unexplained Loan: ITAT

In a major relief for a Mumbai-based real estate trader, the Income Tax Appellate...

Income Tax Reopening Notice To House-Wife On Husband’s Property Purchase Quashed: Bombay HC

The Bombay High Court has quashed a reassessment notice issued by the Income Tax...

Supreme Court Delivers Split Verdict on Income Tax Assessment Timelines Under DRP Process

The Supreme Court has issued a split verdict on whether the time spent in...

Supreme Court Split on Whether DRP Route Can Extend Assessment Deadlines

The Supreme Court has delivered a split verdict in the Shelf Drilling case concerning...

No Cross-Examination, No Statement, Yet Rs. 50 Lakh Income Tax Addition Upheld: ITAT Slams NFAC CIT(A) for Flouting Binding Directions

The Ahmedabad Bench of Income Tax Appellate Tribunal (ITAT) has come down heavily on...

Gujarat HC Quashes Reassessment Notices For AY 2013-14, 14-15 , 16-17, 17-18 Issued Beyond Surviving Time

The Gujarat High Court has quashed reassessment notices for Assessment Year (AY) 2013-14, 14-15...

Reassessment Notices Under Old Income Tax Law Post-April 2021 Held Invalid for AY 2015–16: Gujarat High Court

The Gujarat High Court has quashed over a hundred reassessment notices issued by the...

30% Tax Rate Applies on Deemed Income for FY 2016–17, Not 60%: ITAT

The Income Tax Appellate Tribunal (ITAT), Delhi Bench has dismissed an appeal filed by...

Bombay High Court Quashes ITAT Order in Skyway Case Over Missing DIN; Directs Fresh Hearing

The Bombay High Court has set aside the Income Tax Appellate Tribunal’s (ITAT) common...

ITAT Must Serve Orders on Assessee, Not Just CA Acting as AR Without Specific Authorisation: Bombay High Court

The Bombay High Court at Goa has held that the Income Tax Appellate Tribunal...

Mere Company Registration, ITR Not Sufficient To Prove Creditworthiness: Calcutta High Court

The Calcutta High Court had held that mere company registration and income tax returns...

Latest articles

Service Tax Can’t Be Levied on Loss-Making Contracts: Gujarat High Court

The Gujarat High Court has quashed a service tax show cause notice seeking recovery...

Service Tax Refund Can’t Be Denied as Time-Barred When Levy Itself Is Unconstitutional: Gujarat High Court

The Gujarat High Court has held that a refund claim for service tax cannot...

Income Tax Dept. Can’t Reopen Completed Assessment Beyond 4 Years: Gujarat HC

The Gujarat High Court has quashed a reassessment notice issued under Section 148 of...

Alleged Escaped Income Below Rs. 50 Lakh Threshold: Gujarat High Court Quashes Reassessment 

The Gujarat High Court has quashed an order passed under Section 148A(d) and the...