After notice u/s 143(2) is issued in scrutiny proceedings, summary processing u/s 143(1) is not permissible – ITAT In a recent judgment, ITAT Bangalore has held that once scrutiny proceedings initiated by issue of notice u/s 143(2), the assessment proceedings are set in motion under the regular assessment …

Assessment Order without digital or manual signature is non-est and illegal In a recent judgment, Delhi ITAT has held that an Assessment Order without digital or manual signature is non-est and illegal ABCAUS Case Law Citation:5154 (2026) (05) abacus.in ITAT Important Case Laws relied upon by Parties In …

Once assessee filed ITR, in response to the notice u/s 148 of the Act, even beyond time prescribed, Assessing Officer is required to issue notice u/s 143(2) – ITAT In a recent judgment, ITAT Lucknow has held that once the assessee has filed the return, in response to …

Petitioner was not disqualified in tender for submitting EMD by way of Fixed Deposit in place of Demand Draft – SC  In a recent judgment, the Hon’ble Supreme Court has held that Petitioner was not disqualified in tender for submitting EMD by way of Fixed Deposit in place …

State Bank of India in its General Meeting of the Shareholders elected four Directors to the Central Board. The meeting was held in terms of Regulation 40(4) of the State Bank of India General Regulations, 1955. As the number of valid nominations was 7 against the 4 notified …

Voluntary declaration of additional income by increasing WIP was not proper, as assessee will take the additional benefit in the subsequent year – ITAT In a recent judgment, ITAT has held that voluntary declaration/surrender of additional income by the assessee during the survey should not have been made …