Judgement

The ITAT quashed the Section 263 revision order, holding that an assessment cannot be revised merely because the PCIT believes further enquiries were warranted.

ITAT Quashes Section 263 Revision, Says PCIT Cannot Reopen Assessment for Mere Inadequate Inquiry

News

Barbeque Nation received tax relief after the Income Tax Department withdrew its entire demand of Rs 8.63 crore. The company is also appealing a Rs 2.78 crore income addition.

Barbeque Nation Gets Rs 8.63 Crore Tax Demand Withdrawn After Rectification Order

The Income Tax Appellate Tribunal (ITAT) Mumbai has held that the provisions of Section 115BBDA are not applicable where dividend income is received from a foreign subsidiary company.

ITAT Holds That Section 115BBDA Is Not Applicable to Dividend Received from Foreign Subsidiary

The ITAT holds the relevant date for calculating the assessment block is the date on which the non-searched person’s Assessing Officer records a satisfactory note.

ITAT Holds Assessment Block Is Calculated From Date On Which Satisfactory Note Is Recorded

The Income Tax Appellate Tribunal (ITAT) Mumbai found that notices had been sent to an old email address belonging to a former employee and assessee was prevented by sufficient cause to comply with notice.

ITAT Remands TDS Default Appeals After Finding Notices Were Sent to Former Employee’s Email ID

Articles

Incorrect AIS entries can lead to tax notices- learn how to identify errors, submit feedback, and file your ITR correctly.

Explore Our Blogs

ITAT Quashes Section 263 Revision, Says PCIT Cannot Reopen Assessment for Mere Inadequate Inquiry

Barbeque Nation Gets Rs 8.63 Crore Tax Demand Withdrawn After Rectification Order

ITAT Holds That Section 115BBDA Is Not Applicable to Dividend Received from Foreign Subsidiary

ITAT Holds Assessment Block Is Calculated From Date On Which Satisfactory Note Is Recorded

ITAT Remands TDS Default Appeals After Finding Notices Were Sent to Former Employee’s Email ID

ITR Filing 2026: Your AIS is Wrong Now What?