Jurisdiction basis
Under the law the AO would get jurisdiction over the return of income filed by the assessee only upon service…
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Today's
Wrong reopening ......Read More
Yesterday's In no way the AO has power to question arm’s length pricing in unrelated party transactions ......Read More
Yesterday's In no way the AO has power to question arm’s length pricing in unrelated party transactions ......Read More
Taxpayer’s Stand Caution
Courts may be helpless if the assessee does not update his account on the tax portal for email address and…
......Read MoreDuty of AO in the conduct of reassessment
In the matters of reopening the AO is duty bound to provide copy of the satisfaction note and order of the…
......Read MoreAffidavits may provide shelter in certain situations during assessments
Sometimes an affidavit sworn on oath could serve as good and proper material when bills or proofs in support of…
......Read MoreNotice without sharing material available with AO is liable to be quashed
Citing SC decision in Ashish Agarwal case the High Court in (2023] 454 ITR 326 (Bom) emphasised that it goes without…
......Read MoreNo double taxation no double recovery
In the matters of TDS deduction there is always a grey area for the payer whether to deduct or not…
......Read Morecaveat/precondition to 148/148A
Dr. Anita Sumanth J in her ruling in [2023] 450 ITR 568 (Mad) while dealing with the contextual relevance of the…
......Read MoreStay-High pitched assessment case
A typographical error in mention of exemption section lead to a high pitched assessment in [2023] 451 ITR 77 (Bom). As…
......Read MoreIn a scenario of mechanical approval
By the provisions of section 153A /153D approval is to be obtained by the Assessing Officer on the draft assessment…
......Read MoreNo writ remedy for error of fact
Before the High Court in (2023] 453 ITR 150 (P&H) the petitioner challenged the order u/s148A (d) stating that the stand…
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