Issue decided on merits by ITAT cannot again be subject matter of reopening of assessment under section 147 In a…
One PAN was allotted to two taxpayers resulting Re-assessment order of wrong person quashed by High Court In a recent…
High Court quashed re-assessment order u/s 147 and order passed u/s 148A(d) for treating the whole turnover of trading in…
Income Tax Act provides complete machinery for assessment/reassessment of tax, assessee is not permitted to abandon that machinery and invoke…
Reassessment proceedings u/s 148A under amended provisions and impact of the Taxation and Other Laws (Relaxation And Amendment of Certain…
Reassessment notice issued under old section 148 after 31.03.2021 invalid as reassessment provisions are substituted by Finance Act, 1921 with…
Reason recorded by non jurisdictional Assessing Officer cannot give jurisdiction to the jurisdictional Assessing Officer. ABCAUS Case Law CitationABCAUS 3449…
Amendments made to provisions of Income escaping assessment and search assessments by Budget 2021-22. Revised time limit for issuing notice…
Filing belated return & non-registration u/s 12AA no valid reasons to issue notice u/s 148 in absence of other tangible…
Addition made on the basis of cancelled money receipt found during search quashed as its contents was not confronted with…