Reopening us 147

  • Income Tax

Assessee not permitted to change head of income as per his own sweet will & convenience – ITAT

Assessee not permitted to change head of income as per his own sweet will and convenience. ITAT upheld addition following…

4 years ago
  • Income Tax

Section 292BB not applicable to legal representative. Notice u/s 148 in the name of deceased assessee invalid

Section 292BB not applicable to legal representative. High Court quashed reopening notice issued in the name of deceased assessee. ABCAUS…

4 years ago
  • Income Tax

Reopening u/s 147 /148 for escaped interest income upheld when AO by oversight failed to assess it

Reopening u/s 147 /148 for escaped interest income upheld when AO by oversight failed to assess interest income duly disclosed…

4 years ago
  • Income Tax

Reopening quashed as AO not recorded reasons of assesse’s failure to disclose material facts fully/truly

Reopening quashed as AO not recorded reasons of assesse's failure to disclose material facts fully and truly but notice u/s…

4 years ago
  • Income Tax

Reassessment u/s 148 due to credit card payment. Addition deleted in view of returned income

Reassessment u/s 148 due to credit card payment. ITAT directed AO to delete the addition made in view of returned…

4 years ago
  • Income Tax

Reopening for escaped FDR income upheld as profits were estimated only on contract income

Reopening for escaped FDR income upheld when in original assessment profits was estimated only on contract income ignoring interest income…

5 years ago
  • Income Tax

Affixture of income tax notice-essential conditions, procedure and law explained by ITAT

Affixture of income tax notice-essential conditions, procedure and law explained by ITAT. Unless notice is served on proper person in…

5 years ago
  • Income Tax

Reopening done at the insistence of CIT held as change of opinion and vitiated in law

Reopening done at the insistence of CIT held as change of opinion and was vitiated in law as it did…

5 years ago
  • Income Tax

ITAT authorised to consider question of jurisdiction raised first time, not raised earlier

ITAT authorised to consider question of jurisdiction raised first time and not raised earlier as it goes to the root…

5 years ago
  • Income Tax

Reopening u/s 148 alleging evidence discovered with due diligence quashed. SC dismisses SLP of Deptt.

Reopening u/s 148 alleging evidence discovered with due diligence quashed as no specific failure on part of the assessee was…

5 years ago