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Wrong Reassessment Procedure Can Nullify the Entire Case: Mumbai ITAT Quashes Political Donation Reopening Keywords: Section 148A political donation, bogus political donation reassessment, Section 80GGC reassessment, Section 148A proviso, search-based reassessment, Mumbai ITAT Amit Pahuja, reassessment barred by limitation, Finance Act 2021 reassessment, Section 148 notice, Income Tax reassessment. Can the Income Tax Department Follow the…
Wrong Political Donation Claim Doesn’t Automatically Mean 200% Penalty: Ahmedabad ITAT Cancels Penalty Under Section 270A Keywords: Section 270A penalty, bogus political donation, Section 80GGC deduction, misreporting of income, penalty for political donation, Section 270AA immunity, Ahmedabad ITAT Section 270A, penalty deleted, Income Tax penalty, Niket Maheshbhai Shah case. Can the Income Tax Department Levy a…
Accepted Sales Mean Purchases Cannot Be Ignored: ITAT Restricts Bogus Purchase Addition to 1% Can the Income Tax Department Treat Purchases as Bogus When the Corresponding Sales Are Accepted? Allegations of bogus purchases continue to be one of the most litigated issues under the Income-tax Act. Quite often, the Investigation Wing identifies certain suppliers as…
Finance Act 2026 Cannot Revive Invalid Reassessment Notices: Telangana High Court Upholds ITAT Order Keywords: Finance Act 2026 reassessment, JAO reassessment notice, Faceless Assessing Officer, Section 148A notice jurisdiction, Telangana High Court reassessment, faceless reassessment, Section 148 notice, reassessment quashed, PCIT v Vinod Ojha, Income Tax reassessment jurisdiction. Can a Later Amendment in the Law Validate…
Can the Income Tax Department Make New Additions in Reassessment If the Original Reason for Reopening Fails? Bangalore ITAT Says No Keywords: reassessment under Section 147, Section 147 jurisdiction, reassessment addition, original reason for reopening fails, Section 54 disallowance, ITAT Bangalore reassessment, Income Tax reassessment law, fishing inquiry reassessment, Section 148 notice, reassessment jurisdiction. No Addition…