ITAT Upholds Section 148 Reopening But Restricts Rs 30 Lakh Accommodation Entry Addition To 5%, Cites Double Taxation:
The ITAT upheld the validity of reassessment under Section 148 but restricted the addition on an alleged accommodation entry to 5%.
ITAT Validates Section 148 Reopening
Saloni Kumari
Jul 18, 2026Premium
ITAT Upholds Section 148 Reopening But Restricts Rs 30 Lakh Accommodation Entry Addition To 5%, Cites Double Taxation
The ITAT upheld the validity of reassessment under Section 148 but restricted the addition on an alleged accommodation entry to 5%.
Also Read
High Court Quashes Reassessment Notice Issued Beyond LimitationCentre Grants Income Tax Exemption to Delhi Pollution Control Committee u/s Section 10(46)ITAT Orders Fresh Verification of Tax Demand Arising from ITR System ErrorITAT Quashes Cancellation of Charitable Trust's Registration Over Capitation Fee Allegations That Are Not Proved
About Author
Saloni Kumari
Content Writer
Saloni is a Content Writer with 2+ years of experience at studycafe.in. She writes legal, taxation, and finance related content including GST, Income Tax etc. Skilled in translating complex judicial pronouncements and regulatory developments into clear, and reader-friendly articles. Experienced in covering judgements of ITAT, High Court, GSTAT, and news related to Income Tax, GST, and corporate law. She can be reached at [email protected].
Saloni is a Content Writer with 2+ years of experience at studycafe.in. She writes legal, taxation, and finance related content including GST, Income Tax etc. Skilled in translating complex judicial pronouncements and regulatory developments into clear, and reader-friendly articles. Experienced in covering judgements of ITAT, High Court, GSTAT, and news related to Income Tax, GST, and corporate law. She can be reached at [email protected].
StudyCafe
Delhi, Delhi, India
2447My Recent Articles
- Claiming Full TDS Credit Without Reporting Entire Income Is Underreporting, Not Misreporting: ITAT Premium
- ITAT Quashes Rs 7.03 Crore Reassessment, Holds AO Cannot Make Additions Beyond Recorded Reasons for ReopeningPremium
- ITAT Condones 650-Day Delay in Matter of Unexplained Cash Deposits During Specified Bank Notes PeriodPremium
- ITAT Quashed Reassessment Proceedings as Section 148 Notices Issued Beyond Statutory Time LimitPremium
- ITAT Orders Fresh Assessment After Accepting NRI's Claim of Delay Due to Dubai Stay and COVID-19Premium
Up Next
Loading suggestions…
Recent Posts
All Posts
Recent Posts
All Posts