Reopening us 147

  • 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
  • Income Tax

A judgment can not be a basis / ground for reopening an assessment under section 147 – ITAT

Merely a judgment rendered can not be a basis / ground for reopening an assessment u/s 147 unless assessee fails…

5 years ago
  • Income Tax

Reopening for not replying to invalid / non est inquiry letter for cash deposits in bank quashed

Reopening for not replying to invalid and non est inquiry letter for cash deposited in bank quashed. Deposit per se…

5 years ago
  • Income Tax

Reopening due to change in method of accounting for NPA-SC dismisses SLP of ITD

Reopening due to change in method of accounting for NPA quashed as it was notified in audited accounts. SC dismissed…

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

Reopening on account of cancellation of Registration u/s 12AA not permissible

Reopening of assessment for past years on account of the cancellation of Registration u/s 12AA is not permissible unless registration…

5 years ago
  • Income Tax

ITAT declined to direct reopening as Department have enough powers to tax escaped income

Tribunal declined to issue direction to AO to reopen cases under section 147 as Department have enough powers u/s 147,…

5 years ago
  • Income Tax

DVO Report not sufficient information for reopening assessment u/s 147

DVO Report based on mere estimate not sufficient information for the purpose of reopening assessment u/s 147. ITAT deleted addition…

5 years ago
  • Income Tax

Reopening of assessment completed u/s 143(1) not sustainable without any tangible material – ITAT

Reopening of assessment which is completed u/s 143(1) not sustainable without there being any tangible material coming to the knowledge…

5 years ago
  • Income Tax

Reopening notice after 4 year when escaped income less than 1 lakh is time barred – ITAT

Reopening notice after 4 year when escaped income less than 1 lakh is time barred and not tenable in the…

6 years ago