On the sole subject of assumption of jurisdiction for reassessment the Madras High Court decision in IDFC Bank case [2023]…
......Read MoreIt so happened that in (2023) 108ITR (Trib) 94 (Jodhpur bench) the Assessee having filed a return within due date…
......Read MoreCirculars of the Board bind the Income-tax Officer as well as those holding Administrative authority such as Commissioner, PrCIT/DIT etc.…
......Read MoreMerely stating in show cause notice u/s148A(b) that there are fictitious or bogus transactions relying on some suspicious transaction report…
......Read MoreCovid arrived in the first quarter of 2020 in India and remained even beyond march 2021. To make up for…
......Read MoreThe Bombay High Court in [2023] 458 ITR 486 (Bom) declined to admit the writ stating that the matter involved…
......Read MoreThe Delhi bench of ITAT in 107ITR( Trib) (SN) 93 encountered non-resident’s case reopening on irrelevant considerations. In the reasons…
......Read MoreIn [2023] 458 ITR 437 (SC) the dispute was whether the taxpayers are required to preserve records beyond 6 years.…
......Read MoreIn a new development the Telangana High Court set aside the notices issued u/s 148/148A and consequent orders passed by…
......Read MoreSection 68 provisions is most common to every income tax assessment where the AO could seek confirmation and explanation on…
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