reopening 148

  • Income Tax

Addition for cash deposit remanded as bank account was opened by by forging PAN Card and signature

Addition for cash deposit remanded as bank account was opened by someone else by forging PAN Card and signature of…

3 years ago
  • Income Tax

CBDT Instructions on selection of cases for issue of notice u/s 148 for AY 2013-14 to 2017-18 

CBDT Instructions on selection of cases for issue of notice u/s 148 to potential cases' by 31.03.2021 for the A.Y…

3 years ago
  • budget-2021

Amendments to provisions of Income escaping & search assessments Revised time for issue of notice

Amendments made to provisions of Income escaping assessment and search assessments by Budget 2021-22. Revised time limit for issuing notice…

3 years ago
  • Income Tax

Reassessment bad as four weeks time not given after rejection of objections to reopening

Reassessment held bad in law as assessee not given four weeks time to seek legal remedy after rejection of objections…

3 years ago
  • Income Tax

Some tax evasion sought by assessee is a necessary condition for penalty u/s 271(1)(c)

Some tax evasion sought by assessee is a necessary condition for imposition of penalty u/s 271(1)(c). What has to be…

3 years ago
  • Income Tax

Incorrect wrong & non-existing reasons recorded for reopening is non application of mind

Incorrect wrong and non-existing reasons recorded for reopening of assessment is non application of mind ABCAUS Case Law CitationABCAUS 3430…

3 years ago
  • Income Tax

Reopening notice u/s 148 on wrong presumption that assessee not filed return of income quashed.

Reopening notice u/s 148 on wrong presumption that assessee not filed return of income quashed by Tribunal as non application…

3 years ago
  • Income Tax

Addition made on the basis of cancelled money receipt found during search quashed

Addition made on the basis of cancelled money receipt found during search quashed as its contents was not confronted with…

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