ITAT directs AO to recover capital gain tax from assessee after revising wife’s ITR where it was mistakenly declared.
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ITAT directs AO to recover capital gain tax from assessee after revising wife’s ITR where it was mistakenly declared. Shrikant…
section 148.
Reassessment initiated on the basis of change of opinion not valid – Assessment quashed by Bombay HC
Reassessment initiated on the basis of change of opinion not valid – Assessment quashed by Bombay HC There are a…
Reassessment initiated merely on basis of an audit objection not valid: HC
Reassessment initiated merely on basis of an audit objection not valid: HC There are a lot of taxpayers who have…
If the original grounds for reopening the reassessment do not exist any longer and no additions were ultimately made on that account, the additions in respect of other items cannot be made.
If the original grounds for reopening the reassessment do not exist any longer and no additions were ultimately made on…
Reassessment Notice signed on 31st March but evidence of having been sent by email or uploaded at portal not made available to the Assessee: Issue before the High Court
Reassessment Notice signed on 31st March but evidence of having been sent by email or uploaded at portal not made available…
If foundational addition of reassessment proceeding is deleted then other addition also need to be quashed
If foundational addition of reassessment proceeding is deleted then other addition also need to be quashed Here is an…
Opinion of internal audit party of income tax dept. can’t be treated as info. for reopening of assessment: HC
Opinion of internal audit party of income tax dept. can’t be treated as info. for reopening of assessment: HC …
Writ petition on reassessment notice for bogus purchases of Rice based on statements recorded of different parties dismissed by Chhatisgarh HC.
Writ petition on reassessment notice for bogus purchases of Rice based on statements recorded of different parties dismissed by Chhatisgarh…
Amounts paid by resident Indian end-users/distributors to non-resident computer software manufacturers/suppliers is not the payment of royalty
Amounts paid by resident Indian end-users/distributors to non-resident computer software manufacturers/suppliers is not the payment of royalty The payment for…
“We wonder whether the officers of respondents ever bother to read the papers before writing the reasons or recommending for approval or while granting approval”: Bombay HC Issues strictures against AO for total non-application of mind
“We wonder whether the officers of respondents ever bother to read the papers before writing the reasons or recommending for…
Reassessment Notice U/s 148: Approval should be before issue of notice, Taxpayers need to be careful and cautious in the matter of procedures followed
Reassessment Notice U/s 148: Approval should be before issue of notice, Taxpayers need to be careful and cautious in the…
Validity of Reassessment if there is a failure to disclose fully and truly all material facts
Validity of Reassessment if there is a failure to disclose fully and truly all material facts Short Overview Where transaction itself on…
Section 148 cases not covered by Faceless Assessment Scheme – 2019
Section 148 cases not covered by Faceless Assessment Scheme – 2019 Section 148 cases not covered by Faceless Assessment Scheme…
Reopening for re-assessment: Observation by Bombay HC
Reopening for re-assessment: Observation by Bombay HC Section 147 says that if the assessing officer has reason to believe that…
Validity of Reassessment if Additions made for items other than the items of reasons recorded
Validity of Reassessment if Additions made for items other than the items of reasons recorded Short Overview When the grounds…
Validity of Reassessment if Additions made for items other than the items of reasons recorded
Validity of Reassessment if Additions made for items other than the items of reasons recorded Short Overview When the grounds…
