Telangana High Court: Barring People with over Two Children From Polls Violates No Fundamental Right  ||  Del HC Clarifies That Breach of Promise to Marry is Not The Same as False Promise Amounting To Rape  ||  Delhi High Court Rules Law Students Cannot be Barred From Exams For Not Meeting Minimum Attendance  ||  Delhi HC: Only a Sessions Court, Not an Ilaqa Magistrate, Can Order Further Probe After Committal  ||  Allahabad High Court: Protecting Homebuyers’ Interests is Paramount in Real Estate Insolvency  ||  Allahabad HC: Police Can Freeze Accounts on Suspicion; Affected Party May Seek Magistrate’s Relief  ||  NCLAT: Claimants Must Prove Asset Ownership; Liquidator Need Not Establish Title of Assets in Custody  ||  NCLAT: Director’s Resignation Doesn’t Release Personal Guarantor from Continuing Guarantee Liability  ||  NCLAT: Delay Condonable When Composite Appeal Filed in Time is Refiled after Registry’s Objection  ||  Supreme Court: Upper Floors Can be Converted for Commercial Use Only after Paying Conversion Charges    

SC rules in Favour of Revenue Department in Reassessment Dispute Case - (05 May 2022)

DIRECT TAXATION

Supreme Court by reversing the high court orders that had quashed income-tax notices under the old reassessment regime has held that notices issued under the old regime will be valid and shall be deemed to have been issued under the new provision of the reassessment regime in the Finance Act, 2021.

Tags : SUPREME COURT   FINANCE ACT   2021   REASSESSMENT   OLD REGIME   INCOME-TAX NOTICES  

Share :        

Disclaimer | Copyright 2025 - All Rights Reserved