J&K&L HC: Delay in Executing Preventive Detention on Unsubstantiated Medical Ground Makes it Invalid  ||  Delhi HC Allows AITA Results For Interim Management and Directs Fresh Elections Under New Sports Law  ||  J&K&L HC: Preventive Detention U/S 129 BNSS During Proceedings Must Satisfy Strict Legal Standards  ||  Gujarat HC: Firing in Air at a Wedding Without Intent to Harm Does Not Amount to Attempt to Murder  ||  Bom HC: Developers’ Profit Rights in Redevelopment Cannot Override Members’ Right to Safe Housing  ||  Supreme Court: Joint Accused Statements are Admissible Only When They Result in Distinct Discoveries  ||  SC to Ex-MLA in Money Laundering Case: Duped Homebuyer Must be Safeguarded First, then Consider Bail  ||  Supreme Court: Right to a Speedy Trial Cannot Override NDPS Act Bail Conditions  ||  SC: Relatives Cannot be Implicated in Bigamy Solely Based on Knowledge of a Second Marriage  ||  Supreme Court: Service Inam Land Attached to a Mosque Constitutes Waqf Property and is Inalienable    

Karnataka HC: Mere Reason to Believe Cannot Be Ground of Assessment Under Section 147 of IT Act - (16 Feb 2024)

DIRECT TAXATION

Karnataka High Court held that Assessing Officer has to be satisfied that that there is escapement of income and unlike earlier the mere reason to believe cannot be a ground for carrying out assessment under Section 147 of the Income Tax Act, 1961.

Tags : KARNATAKA HIGH COURT   ASSESSING OFFICER   S. 147 OF IT ACT  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved