Income Tax Reassessment
Direct Tax
Land Transactions for School Expansion Doesn’t Undermine Charitable Status: ITAT Directs Grant of S. 12A Registration Renewal
The Income Tax Appellate Tribunal (ITAT), Chandigarh Bench, has set aside the order of...
Direct Tax
ITAT Remands ₹58.69 Lakh Addition on Demonetisation Cash Deposits, Grants Fresh Opportunity Citing Matrimonial Dispute Impact
The Chandigarh Bench of the Income Tax Appellate Tribunal (ITAT) has set aside additions...
Direct Tax
Calcutta High Court Stays Income Tax Reassessment for Non-Application of Mind to Assessee’s Replies
The Calcutta High Court has stayed reassessment proceedings initiated under Section 148 of the...
Direct Tax
Excel Sheet Seized From Builder Sufficient Basis to Issue Income Tax Reassessment Notice: Delhi HC
The Delhi High Court has upheld the validity of a reassessment notice issued under...
Direct Tax
Income Tax Reassessment Invalid in Absence of Incriminating Material: Delhi HC
The Delhi High Court has dismissed the appeal filed by the Principal Commissioner of...
Direct Tax
Bombay High Court Quashes Income Tax Reassessment Against A Company Converted Into LLP
The Bombay High Court has quashed a reassessment notice and subsequent assessment order issued...
Direct Tax
Delhi High Court Quashes Income Tax Reassessment for Adding Fresh Allegations Not Mentioned in Original Notice
Assessing Officer cited Rs. 11.37 crore in remittances despite original notice alleging only Rs. 6.5 crore; Court finds action beyond legal mandate.
Direct Tax
Income Tax Reassessment Based On Pen Drive Info Quashed: Delhi High Court
The Delhi High Court quashed an income tax reassessment notice of Panch Tatva Promoters...
Latest articles
Direct Tax
Land Transactions for School Expansion Doesn’t Undermine Charitable Status: ITAT Directs Grant of S. 12A Registration Renewal
The Income Tax Appellate Tribunal (ITAT), Chandigarh Bench, has set aside the order of...
Direct Tax
ITAT Remands ₹58.69 Lakh Addition on Demonetisation Cash Deposits, Grants Fresh Opportunity Citing Matrimonial Dispute Impact
The Chandigarh Bench of the Income Tax Appellate Tribunal (ITAT) has set aside additions...
Direct Tax
ITAT Deletes CPC Adjustments on Fixed Asset Loss and S. 43B Disallowance
The Chandigarh Bench of the Income Tax Appellate Tribunal (ITAT) has deleted adjustments made...
Direct Tax
Non-Issuance of S. 143(2) Notice Not Fatal in Belated Return Cases: ITAT Upholds Deletion of Rs. 4.59 Cr Addition on Export SalesÂ
The Income Tax Appellate Tribunal (ITAT), Chandigarh Bench, has upheld the deletion of an...