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Technological Impediment Can’t Harass Assessee Year After Year, CBDT To Take Steps: Supreme Court

BackgroundConclusion - Technological Impediment Can’t Harass AssesseeFAQsCan Technological Impediment hasrass assessee under Income Tax...

NFAC | Failure Of Assessee To Submit Documents Sought: Madras High Court Upholds Reassessment

BackgroundArgument By NFAC Income TaxConclusionFAQsWhat is the full form of NFAC Income Tax?Case DetailsThe...

Income Tax Reassessment | Karnataka High Court Quashes S. 148A Notice Prescribing 6 Days To Show Cause

BackgroundConclusionFAQsUnder which provision income tax reassessment can be initiated?What is the limitation for replying...

DRP Ought To Waited Till Disposal Of Rectification Application Before Passing Final Assessment Order: Karnataka High Court

BackgroundConclusionCase DetailsThe Karnataka High Court has held that the Dispute Resolution Panel (DRP) ought...

AO Can’t Reopen Income Tax Assessment If PCIT Decides In Favour Of Assessee: Delhi High Court

Background ArgumentsRelevant ProvisionsConclusionCase DetailsThe Delhi High Court had held that once the Principal Commissioner...

Delhi High Court Quashes Income Tax Reassessment Action On Ground Of Amalgamated Entity Having Never Been Placed On Notice 

Background ConclusionFAQsCan income tax reassessment action taken against Amalgamated Entity?Is reassessment order sustainable without notice?Case...

Supreme Court’s Decision in Abhisar Buildwell Case Not Carte Blanche Enabling Dept. To Overcome Restrictions For Reopening Assessment: Delhi High Court

BackgroundConclusionFAQsCan Income Tax Dept. Quote Supreme Court’s Decision in Abhisar Buildwell Case to overcome...

Section 80-I Deduction Benefit Available Upon Conversion Of Proprietorship Concern To Private Limited Company: Punjab & Haryana High Court

The Punjab and Haryana High Court has held that deduction section 80-I under Income...

BREAKING | 291 Cases Filed By Income Tax Dept. Where Tax Effect Is Less Than 5 Crores Listed Before Supreme Court Today

Meaning of ‘Tax Effect’Low Tax Effect: Monetary Limits Set For Filing Appeals Today, 291 cases...

Income Tax | Educational Trust Utilising Earnings For Educational Advancement Can’t Be Denied Section 12AA Registration: Punjab & Haryana High Court

BackgroundConclusionFAQsWhat is Section 12AA registration?Can educational institution be denied Section 12AA registration?Case DetailsThe Punjab...

Supreme Court Disposed Of 573 Direct Tax Cases Where Tax Effect Is Less Than Rs. 5 Crore

Direct TaxIndirect TaxesConclusionThe Supreme Court today disposed off 573 direct tax cases where the...

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The Supreme Court has ruled that cutting, grooving and routing aluminium composite panels (ACPs)...

Himachal Pradesh High Court Quashes GST SCN Issued Contrary to Binding Advance Ruling

The Himachal Pradesh High Court has quashed a Goods and Services Tax (GST) show...

No GST Demand For Mere Wrong Set-Off Of IGST Credit Under CGST And SGST Heads: Kerala HC

The Kerala High Court has quashed a GST assessment order passed against a registered...

Exporter Can’t Be Denied Advance Authorization Benefit Due To ICEGATE Technical Glitch: Delhi High Court

The Delhi High Court has set aside three orders passed by the Policy Relaxation...