Judgement

Court Holds “Issue of Notice” Is Satisfied Once It Is Dispatched Within Limitation

HC Upholds Validity of Section 148 Notice Issued on Last Day of Limitation

Reassessment Invalid When Property Sale Deeds Were Cancelled and Consideration Was Reversed

HC Quashes Reassessment Where Cancelled Sale Deeds Show No Real Income Accrued

Assessing Officer Cannot Assume Income Escapement While Valid Return is Awaiting Process

High Court Quashes Reopening Notice After Assessment Proceedings Lapsed

The Tribunal agreed with the assessee's contention to adjust the payments made to members against the taxable income earned during the year.

ITAT Allows Welfare Society to Adjust Its Member Benefit Payments Against Taxable Interest Receipts

The Madras High Court sets aside the CIT(E) order and allows reconsideration of delayed Form 10B filing for ISA Children’s Home Trust.

Madras HC Gives Relief to Charity Trust, Sets Aside Rejection of Delayed Form 10B Filing

ITAT Delhi quashed reassessment proceedings after finding that the tax authorities initiated reopening during pending scrutiny and failed to decide the assessee’s objections.

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HC Upholds Validity of Section 148 Notice Issued on Last Day of Limitation

HC Quashes Reassessment Where Cancelled Sale Deeds Show No Real Income Accrued

High Court Quashes Reopening Notice After Assessment Proceedings Lapsed

ITAT Allows Welfare Society to Adjust Its Member Benefit Payments Against Taxable Interest Receipts

Madras HC Gives Relief to Charity Trust, Sets Aside Rejection of Delayed Form 10B Filing

Reassessment Without Jurisdiction Cannot Stand: ITAT Quashes Rs 20.12 Crore Income Tax Proceedings against Lalit Modi