Judgement

The Gujarat High Court has quashed a show cause notice, order under Section 179 holding that the Income Tax Department failed to provide reasonable opportunity of hearing

High Court Quashes Section 179 Proceedings Against Directors for Lack of Reasonable Opportunity 

Reassessment invalid as reopening relied solely on presumptions without evidence against the assessee company.

High Court Quashes Reassessment Based on Presumed On-Money from Sister Concern

Reassessment invalid as recorded reasons related to an unrelated entity, not the petitioner company.

High Court Quashes Section 148 Notice Based on Wrong Assessee's Investigation Report

The Gujarat High Court has quashed a reassessment notice issued under Section 148  after holding that the AO wrongly invoked Section 55A(a) 


High Court Quashes Reassessment Notice Based on Retrospective Application of Section 55A Amendment

Notifications

The Centre has granted BBNDA retrospective income tax exemption on specified income under Section 10(46), subject to prescribed conditions.

CBDT Notifies Income Tax Exemption to Baddi Barotiwala Nalagarh Development Authority 

The ITAT condoned a 578-day delay in filing an appeal by a Dubai-based assessee, restored the reassessment, and remanded the matter to the AO for fresh adjudication.

Explore Our Blogs

High Court Quashes Section 179 Proceedings Against Directors for Lack of Reasonable Opportunity

High Court Quashes Reassessment Based on Presumed On-Money from Sister Concern

High Court Quashes Section 148 Notice Based on Wrong Assessee's Investigation Report

High Court Quashes Reassessment Notice Based on Retrospective Application of Section 55A Amendment

CBDT Notifies Income Tax Exemption to Baddi Barotiwala Nalagarh Development Authority

ITAT Orders Fresh Assessment After Accepting NRI's Claim of Delay Due to Dubai Stay and COVID-19