reasons to believe

  • Income Tax

Reopening notice u/s 148 quashed as it did not mention source of information

Reopening notice u/s 148 quashed as it did not mention source of information or reference to person giving information ABCAUS…

4 years ago
  • Income Tax

Reassessment made by issue of notice 143(2) before filing of return of income is invalid

Reassessment made by issue of notice 143(2) before filing of return of income is invalid and not sustainable in the…

4 years ago
  • Income Tax

Without cogent reasons escapement of income, non-filer can not be forced to file return u/s 147

Without cogent reasons for belief towards escapement, even a non-filer can not be forced to file a return u/s 147.…

4 years ago
  • Income Tax

CIT need not give separate reasons for his satisfaction in giving approval for reopening

CIT need not to given separate reasons for his satisfaction in giving approval u/s 151 for reopening of assessment if…

4 years ago
  • Income Tax

Belief of income escapement must indicate income escaping assessment than need of probe

Belief of income escapement must indicate income escaping assessment than need of probe which may, or may not, lead to…

4 years ago
  • Income Tax

No question to supply reasons recorded for reopening unless return is filed u/s 148 – ITAT

No question to supply reasons recorded unless return is filed u/s 148. ITAT dismissed the ground never raised before the…

5 years ago
  • Income Tax

Reopening u/s 148 without forming belief that income has escaped assessment bad in law

Reopening u/s 148 for mere non disclosure of bank account in ITR without forming belief that income has escaped assessment,…

5 years ago
  • Income Tax

No addition made on account of reasons recorded for reopening vitiated reassessment order – ITAT

No addition made on account of reasons recorded for reopening, the reassessment, order passed was vitiated in law - ITAT…

5 years ago
  • Income Tax

Reassessment without fresh material with AO to believe that income has escaped is invalid

Reassessment without fresh material with the Assessing Officer to believe that income has escaped assessment is invalid ABCAUS Case Law…

5 years ago
  • Income Tax

Reasons to believe vs reasons to suspect-ITAT quashed reassessment

Reopneing-AO had to act on the basis of reasons to believe and not on reasons to suspect. ITAT quashed the…

5 years ago