Judgement

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.

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

The ITAT remanded the matter to the CIT(A) for fresh adjudication with a fair hearing despite the assessee's repeated non-compliance, subject to payment of Rs 1,000 costs.

ITAT Grants Fresh Hearing Despite Repeated Non-Compliance Before CIT(A), Imposes Rs 1,000 Cost on Taxpayer

ITAT held that an order passed against a deceased taxpayer is invalid and directed a fresh hearing after notifying the legal heir.

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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

ITAT Grants Fresh Hearing Despite Repeated Non-Compliance Before CIT(A), Imposes Rs 1,000 Cost on Taxpayer

ITAT Sets Aside CIT(A) Order Passed After Taxpayer's Death