Once a search action U/s 132 forms the foundation of a case, the Revenue must proceed under Section 153A/153C, rather than invoking reassessment under Section 147/148
Original assessment under Section 143(1) do not involve any scrutiny or formation of opinion: Reassessment cannot be considered as Change of Opinion – ITAT Ahmedabad
New Income Tax Bill – 2025 Vs. Clubbing of Income: A Shift from Qualification to Skills in the Income Tax Bill, 2025
For registration under section 12AA, authorities must only ensure the trust’s objectives are genuinely charitable: Supreme Court
Failure to issue a notice under Section 143(2) is a jurisdictional defect, rendering the entire assessment void ab initio: Agra ITAT
Once an assessee has passed away, no valid assessment or reassessment can be carried out in their name
Section 43A not applicable if assessee claimed it on account of foreign exchange fluctuation and there was no actual payment or remittance
Whether GST is applicable on subsidised canteen facility and free bus facility provided by a company to its employees?
If any third-party search (u/s 132) reveals incriminating material related to an assessee, the department should proceed under section 153C, rather than invoking section 147/148.
All the offences committed prior to issuance of show cause notice/intimation for launching of prosecution falls within the purview of “first offence”: Supreme Court
