Search Results for Tag : Assessment Proceeding
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CBDT Amends IT Rules to Ease Authentication of Electronic Records in Faceless Assessment Proceedings(08.09.2021)
Central Board of Direct Taxes has amended Income-tax Rules, 1962 (‘the Rules’) vide notification no G.S.R. 616(E) dated 6th September 2021 for easing .....
Tags : Central Board of Direct Taxes, Authentication of Electronic Records in Faceless Assessment Proceedings
ITAT, Kolkata Quashes Re-Assessment Proceedings Against Price Waterhouse & Co.(13.02.2020)
Income Tax Appellate Tribunal (ITAT), Kolkata has quashed the re-assessment proceedings against Price Waterhouse & Co. and held that to reopen the ass.....
Tags : Income Tax Appellate Tribunal, Re-Assessment Proceedings Against Price Waterhouse & Co.
ITAT, Delhi: Entire Reassessment Proceedings Invalid if Assessee Precluded from Raising Objections(22.03.2021)
Income Tax Appellate Tribunal (ITAT), Delhi has ruled that the entire reassessment proceedings invalid, if assessee precluded from raising objection a.....
Tags : Income Tax Appellate Tribunal, Reassessment Proceedings
Bom. HC: Recourse of Reopening Assessment to Remedy Error Occurred By AO Cannot be Allowed to Him(09.02.2024)
Bombay High Court has held that the Assessing Officer (AO) cannot be allowed to take recourse of re-opening the assessment to remedy the error resulti.....
Tags : Bombay High Court, Assessment Proceeding, Assessing Officer
Delhi HC: No Requirement to Issue Two Separate Notices for Reopening of Assessment Proceedings(04.03.2020)
Delhi High Court has held that there is no requirement to issue two separate notices in the name of amalgamated Companies for the reopening assessment.....
Tags : Delhi High Court, Separate Notices for Reopening of Assessment Proceedings
Del. HC: Initiation of S. 153C Assessment Proc. Falling Beyond Max. 10 Years Block Period, Quashed(05.04.2024)
Delhi High Court quashed the initiation of assessment proceedings under Section 153C of the Income Tax Act, 1961 which was falling beyond the ten-year.....
Tags : Delhi High Court, Assessment Proceedings, Section 153C of IT Act, Block Period
ITAT, Mumbai: Reassessment Proceeding Cannot be Held Time Barred When Amendment Increases Limitation(25.02.2022)
Income Tax Appellate Tribunal, Mumbai has held that reassessment proceeding cannot be held time barred when an amendment increasing limitation of time.....
Tags : Income Tax Appellate Tribunal, Reassessment Proceeding
All HC: Reassessment Proceedings for AY 2013-14, 2014-15 Initiated After 1 April 2021 Must be Closed(27.02.2023)
Allahabad High Court while observing that Taxation and Other Laws (Relaxation and Amendment of Certain Provisions) Act, 2020 has held that time limit .....
Tags : Allahabad High Court, Reassessment Proceedings, Income-Tax
Delhi HC: Search, Re-Assessment Proceedings in Name of a Non-Existent Entity is Invalid(04.08.2017)
Delhi High Court has held that search warrant and notice for re-assessment proceedings issued u/s 148 of Income Tax Act, 1961 is invalid if the same w.....
Tags : Delhi High Court, Search, Re-Assessment Proceedings
Allahabad HC: Merely Because Refund is Due, Liability to Deposit Tax Can’t be Escaped(10.07.2024)
Allahabad High Court has held that merely because a refund is due to a registered dealer from assessment proceedings, liability of depositing tax unde.....
Tags : Allahabad High Court, Refund, Registered Dealer, Assessment Proceedings
Delhi High Court Quashes Reassessment Proceedings As Initiated Without Jurisdiction(20.05.2022)
Delhi High Court while quashing the re-assessment proceedings initiated by Income Tax Officer, Jaipur (ITO) has held that since the petitioner jurisdi.....
Tags : Delhi High Court, Income-Tax, Reassessment Proceedings, Assessing Officer
Calcutta HC Gives Fresh Opportunity to Assessee Due to Technical Glitches in Income Tax Portal(20.05.2022)
Calcutta High Court has directed the assessing officer to start new assessment proceeding as taxpayer could not furnish answers to the notice due to t.....
Tags : Calcutta High Court, Assessment Proceeding, Notice, Taxpayer