Supreme Court Issues Directions to Speed Up MACT Claims Amid Six-Year Average Pendency  ||  Supreme Court: Sex Selection Practices Continues Due to Preference For Male Children  ||  Supreme Court: Injury From a Fallen Tree is Not a Motor Accident for MACT Claims  ||  Madras HC: Recent Tamil Nadu Elections Reflect Voting Beyond Caste and Community Considerations  ||  Supreme Court: Children Should Not Undergo Psychological Tests in Custody Cases Unless Necessary  ||  Jharkhand HC: Lokayukta Cannot Delegate Core Adjudicatory Powers Even in Case Against Brother  ||  Ker HC: Complainant Can Invoke Presumptions After Proving Transaction, Cheque Execution Convincingly  ||  Supreme Court Cancels SARFAESI Auction Sale After 16 Years Due to a 5-Day Payment Delay  ||  Jhar HC Orders 2-Month Probe Deadline, DGP Monitoring to Overhaul Sexual Violence Response in State  ||  Delhi HC: Social Media Cannot Undermine Judiciary; Intermediaries Must Act Without Court Orders    

ITAT Quashes Reassessment of Lalit Modi’s Income Linked to Credit Card and Private Jet Expenditures - (09 Mar 2026)

DIRECT TAXATION

Income Tax Appellate Tribunal (ITAT) quashed the reassessment of Lalit Kumar Modi’s income for AY 2010–11, ruling that the proceedings by the Income Tax Department were without jurisdiction as regular scrutiny assessment was still pending.

Tags : INCOME TAX APPELLATE TRIBUNAL   LALIT MODI   REASSESSMENT  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved