Revamp of Income Escaping Assessment:

Recent Posts

• PMLA accused has a right to get copies of material not even relied on by ED: SC
• No addition on ESI PF issue permissible under section 143(1) prior to Checkmate Judgement: Chhattisgarh HC
• Once the business receipts are accepted, no separate addition under Section 68 survives: ITAT Mumbai.
• Notice issued without complying with the CBDT instruction specifying the format for such notices is invalid
• ITAT Cancels Reopening for AY 2015–16 as Income Was Below ₹50 Lakh and Notice Issued Beyond 3-Year Limit
• The approval U/s 153D must reflect material, findings and reasoning to show that the higher authority has applied his mind before granting approval: Mumbai ITAT.
• An apt representation on the arbitrary and mechanical invocation of Section 74 of the CGST Act by GST Audit Commissionerates and DGGI
• CIT(A) has the power and discretion to accept the revised figures during appellate proceedings
• Principle of Consistency: ITAT directed to tax income from license fees as “Income from House Property”
• Improper assumption of jurisdiction without a proper transfer order u/s 127: ITAT Delhi quashed the Assessment Order