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Mere Cash Withdrawal by Third Party Cannot Justify Reopening: Gujarat High Court

The Gujarat High Court has quashed an Income Tax reassessment notice issued under Section...

Reopening Based on Issues Already Examined in Scrutiny Is Mere Change of Opinion: Gujarat High Court 

The Gujarat High Court has quashed reassessment proceedings holding that the Income Tax Department...

Assessment Already Examined In Scrutiny Can’t Be Reopened On Same Material: Gujarat HC

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

Can Strategic Investments Escape S. 14A Disallowance? ITAT Holds Rule 8D Can Apply After AO Records Satisfaction

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has held that strategic...

BBC Global News: ITAT Restricts Profit Attribution to Indian DAPE at 12%, Rejects 15% Enhancement

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has partly allowed a...

Can NaFAC Conduct Reassessment Before March 29, 2022? ITAT Upholds Faceless Jurisdiction

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has rejected a legal...

Legitimate Deductions on Sold Property Can’t Be Denied Merely Because They Were Not Claimed in Original ITR: ITAT

The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has allowed an appeal...

AO Can’t Make Ad-Hoc Disallowance Without Rejecting Books of Account: ITAT

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has dismissed a Revenue...

ITAT Can’t Make Appeal Conditional on Payment of Costs: Calcutta High Court Quashes Automatic Tax Demand Confirmation

The Calcutta High Court has held that the Income Tax Appellate Tribunal (ITAT) cannot...

Can Interest on Refund of Excess Self-Assessment Tax Be Claimed From Date of Payment? Chhattisgarh HC Rules in Favour of Taxpayers

The Chhattisgarh High Court has held that taxpayers are entitled to interest on excess...

Reassessment Can’t Survive Where No Addition Is Made on Grounds Recorded for Reopening: Gujarat HC

The Gujarat High Court has dismissed the Income Tax Department’s appeal against an Income...

Latest articles

CESTAT Quashes Service Tax Demands on Residential Construction

The Customs, Excise & Service Tax Appellate Tribunal (CESTAT), New Delhi, has set aside...

Mere Cash Withdrawal by Third Party Cannot Justify Reopening: Gujarat High Court

The Gujarat High Court has quashed an Income Tax reassessment notice issued under Section...

CBIC Cadre Management Under Scrutiny: Why Officers from 1997 to 2008 Batches Are Now in Commissioner Grade?

A striking feature of the current cadre structure of the Central Board of Indirect...

Reopening Based on Issues Already Examined in Scrutiny Is Mere Change of Opinion: Gujarat High Court 

The Gujarat High Court has quashed reassessment proceedings holding that the Income Tax Department...