Simply uploading a notice on the assessee’s e-Portal by the Income Tax Department does not meet the requirements of proper service
Capital gain exemption cannot be denied for the reason that house property was not intended for personal use
Capital gain computation: Holding period to be reckoned from the date of allotment of flat or from the date of application for flat?
Not every loss of revenue could be treated as prejudicial to the interest of revenue for exercising the revisionary power under section n263
Assessment order cannot be considered erroneous solely based on an allegation of inadequate inquiry, unless there is clear evidence of a complete lack of inquiry.
Income earned from unqualified person not covered by presumptive scheme of taxation under section 44ADA
Reason to suspect is not reason to believe and cannot be a basis for reassessment proceedings: Delhi HC
Functionality for processing of electronically filed valid returns ( upto AY 2017-18) having refund claims which were not processed within the time allowed u/s 143(1) due to some technical or others reasons.