Exercise of power by CIT u/s 263 is barred when appeal u/s 250 is pending. “record” means what is available…
Failure of AO to issue summons u/s 131(1) on request of assessee in order to enable him to discharge his…
Non response to unauthorised enquiry letter issued without approval not constitute material forming belief of escapement of income u/s 147…
Affixture of income tax notice-essential conditions, procedure and law explained by ITAT. Unless notice is served on proper person in…
Revision 263 merely for difference in income as per P&L Account & TDS statement quashed as assessment order was not…
Reasons recorded must withstand test of judicial scrutiny at any stage. Other materials can not be used to test application…
Proceedings initiated u/s 148 instead of section 153C quashed. ITAT explains the difference between jurisdiction under both sections ABCAUS Case…
Penalty notice u/s 271AAB without specifying ground and default in the show cause notice u/s 274 held not valid –…
Penalty notice u/s 271(1)(c) without specifying specific charge quashed. The decisions relied by Revenue rejected by the Tribunal ABCAUS…
Application of correct limb of penalty u/s 271(1)(c) is a question of fact and not a question of law. ITAT…