Gross breach of natural justice
In their classic order in (2001) 249ITR554 the Supreme Court upheld the High Court decision quashing/setting it aside the ex…
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Today's
All transactions in shares of penny stock company are not sham transactions ......Read More
Yesterday's Technical objections have no place in appeal proceedings ......Read More
Yesterday's Technical objections have no place in appeal proceedings ......Read More
Update personal details at income tax portal as well as in permanent PAN database
Updated jurisdictional details as well personal details in the Income-tax Web Portal are vital for the communication of notice, summons,…
......Read MoreSlight irregularities could mar reassessment
Vide [2022] 19 ITR-OL 606 (Mad) a slight irregularity in the proceedings carried out by the AO can provide a cause of…
......Read MoreFAILURE TO CONSIDER ASSESSEE’S SUBMISSIONS- ORDER DISPOSING OF ITS OBJECTIONS QUASHED
Vide [2022] 443 ITR 191 (Del) an order passed by the AO in disposing of objections against reopening which when does…
......Read MoreIncorrect content of notice-Challenge 148/148A jurisdictions upfront for gathering/tossing wrong facts/information
Notice issued on the basis of wrong keeping of facts suffered dismissal by the Tribunal in [2022] 95 ITR (Trib)…
......Read MorePreconditions to notice for reassessment
The tax officer has both powers to assess or reassess incomes. By the ruling in [2019] 16 ITR (Trib)-OL 35…
......Read MoreSafeguards u/s 151 and 148A
In dismissing the ground that sanction u/s151 for issue of notice u/s 148 has been given in mechanical manner the…
......Read MoreTaxpayer should mind their conduct before invoking article 226 remedy
A person who has not responded to any of the notices issued in the past cannot, without anything more, turn…
......Read MoreWhat is meant by change of opinion
The income tax officer is not permitted to review his own order so do his successor in office. If he…
......Read MoreSection 148A is in serious trouble
It is settled law that the Assessing Officer performs a quasi-judicial function while framing an assessment. And further the Revenue cannot…
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