Supreme Court: TOLA Overrides Income Tax Act To Relax Time Limits For Reassessment Notices The Supreme Court has recently ruled that the Taxation and Other Laws (Relaxation and Amendment of Certain...
Gujarat High Court Rules Against Re-Assessment Notices Based On Mere “Change Of Opinion” Regarding Material Available At The Time Of Scrutiny The Gujarat High Court has reaffirmed that an Assessing...
Bombay High Court: Jurisdiction Under Section 147 Requires Failure To Disclose All Material Facts During Original Assessment The Bombay High Court has recently struck down a reassessment notice...
Delhi High Court Rules Revenue Department Cannot Introduce New Grounds In Reassessment Under Section 148A(d) The Delhi High Court has quashed the reopening proceedings initiated under Section 148A of...
Bombay High Court: Assessing Officer Must Verify Details Before Reassessing Based On Faceless Information The Bombay High Court has ruled that Assessing Officers (AOs) are required to verify details...
Allahabad High Court: UOI v. Ashish Agarwal SC Ruling Applies Only To Parties Contesting Section 148 IT Act Notices The Allahabad High Court has clarified that the Supreme Court ruling in Union of...
Rajasthan High Court: Admission of Transaction Undisclosed In ITR Constitutes Grounds for Reassessment under Section 148 IT Act The Rajasthan High Court has observed that when the assessee...
Allahabad High Court Holds Assessing Authority Responsible for Proving Escaped Assessment: Quashes Reassessment Order against Flipkart The reassessment order against Flipkart has been quashed by the...
