Income Tax Weekly Flashback for the period 5 to 11 January 2025. Table of ContentsSupreme CourtReduction In Share...

The Delhi High Court has quashed the reassessment proceedings on the ground that the Assessing officer (AO) was not...

The Delhi High Court has held that if the time period for framing an assessment under Section 153A of the Income Tax Act...

The Himachal Pradesh High Court has held that twin conditions to be complied with by the income tax department for...

The Supreme Court has held that reduction in share capital of the subsidiary company and subsequent proportionate...

The Rajkot Bench of Income Tax Appellate Tribunal (ITAT) has held that the order passed by the Assessing Officer (AO)...

The Bombay High Court has directed the income tax department to compute the tax at the rate of 100% and not 125% in...

The Delhi High Court has held that public holidays are excluded from the seven days time period to file a reassessment...

The Madras High Court has held that the faceless assessment officer and jurisdictional assessment officer have...

The Delhi High Court has held that there is no provision under Direct Tax Vivad Se Vishwas Act, 2020 (DTVSV Act)...

The Delhi High Court has held that co-accused may apply separately for compounding of offences under section 276B and...