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ITAT Quashes Reassessment for AY 2017–18 Over Invalid Approval U/s 151(ii), Deletes Rs. 10.09 Lakh Addition

The Income Tax Appellate Tribunal (ITAT), Pune Bench, has quashed reassessment proceedings initiated against...

Delay in Filing Form 10 Can’t Deny Exemption If Explained: Bombay High Court

The Bombay High Court has held that delay in filing Form 10 cannot be...

Co-owner’s Share Can’t Be Taxed in Assessee’s Hands, Even If The Co-Owner Is A Spouse: Delhi High Court

The Delhi High Court has set aside an assessment order raising a demand of...

Reopening Invalid Even with Higher Authority Approval: ITAT Quashes Rs. 5.96 Cr Assessment in Survey-Based Case

The Income Tax Appellate Tribunal (ITAT), Ahmedabad Bench, has quashed a reassessment proceeding on...

District Milk Co-operative Eligible for S. 80P Deduction: ITAT

The Income Tax Appellate Tribunal (ITAT), Rajkot Bench has granted major relief to a...

Developer Eligible for Rs. 80 Crore Deduction U/s 80-IA, Not a Mere Contractor: Bombay High Court 

The Bombay High Court has held that an assessee engaged in execution of infrastructure...

Exemption Can’t Be Denied for Technical Lapse if Filed Before Assessment: Bombay HC Allows Delay in Filing Form 10

The Bombay High Court has quashed an order rejecting condonation of delay in filing...

Reassessment Notice for AY 2015-16 Issued After April 1, 2021 Is Invalid: Bombay High Court Quashes Entire Proceedings

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

Date of Possession—Not Registration—Relevant for Capital Gains Relief: ITAT

The Income Tax Appellate Tribunal (ITAT), Mumbai Bench, has ruled in favour of the...

21-Month Delay in Recording Satisfaction Note Not ‘Immediate’: Bombay HC Quashes S. 153C Notices

The Bombay High Court has quashed reassessment proceedings initiated against Nippon Life India Asset...

Notice Dated 31.03.2021 but Issued on 01.04.2021 Attracts New Reassessment Regime; Failure to Follow S. 148A Makes Proceedings Void Ab Initio: ITAT

The Income Tax Appellate Tribunal (ITAT), Indore Bench has quashed reassessment proceedings against the...

Latest articles

Cadre Change Not Same as Transfer: Supreme Court Directs Reallocation to Uttarakhand, Slams State Apathy After 26-Year Delay

The Supreme Court has clarified that “cadre change” is fundamentally distinct from “transfer”, and...

Conviction Can Rest on Sole Injured Eyewitness if Testimony is of ‘Sterling Quality’: Supreme Court Upholds Life Imprisonment

The Supreme Court has upheld the conviction and life imprisonment of a father-son duo...

ITAT Quashes Reassessment for AY 2017–18 Over Invalid Approval U/s 151(ii), Deletes Rs. 10.09 Lakh Addition

The Income Tax Appellate Tribunal (ITAT), Pune Bench, has quashed reassessment proceedings initiated against...