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PCIT cannot exercise revisionary jurisdiction under section 263 on material not confronted to assessee 

August 5, 2023 936 Views 0 comment Print

Analyzing the High Court case, ACIT Vs Sun and Sun Inframetric Pvt. Ltd., focusing on the PCIT’s ability to exercise revisionary jurisdiction under Section 263.

Section 148 notice Issued In Name of Dead Person is Invalid

August 3, 2023 6615 Views 0 comment Print

Unravel Pravinchandra A Shah Vs Union of India case where a notice issued under Section 148 of Income Tax Act to a deceased person was ruled invalid by Gujarat HC

AO cannot Rectify PCIT’s Mistake under VSVS Scheme: ITAT Delhi)

August 3, 2023 1311 Views 0 comment Print

Explore the case Dariyav Singh Vs ITO. Understand why the Assessing Officer was deemed unfit to rectify the Principal CIT’s mistake in form 5 under VSVS Scheme.

Section 153D Approval Invalid Without Assessment Records: No Cure Under Section 292B

July 19, 2023 1401 Views 0 comment Print

PCIT Vs Anuj Bansal (Delhi High Court)Approval Under Section 153D Given Without Considering Assessment Records and Seized Material Invalid and Not Curable Under Section 292B of Income Tax Act, 1961

Faceless Assessment: Seven-Day Minimum Mandatory for SCN Compliance

July 15, 2023 3942 Views 0 comment Print

In Sri Gopal Store vs AO case, Orissa High Court ruled that a minimum of seven days must be provided for compliance with a show cause notice in faceless assessment proceedings

Reassessment proceedings based upon unverified details are not valid

July 15, 2023 1188 Views 0 comment Print

Gujarat High Court in case of Sampatraj Dharmichand Jain Vs ITO concludes that Reassessment notice issued beyond prescribed time period and based on unverified details is invalid.

HC allows Writ Against Penalty Order Violating Principles of Natural Justice

July 4, 2023 855 Views 0 comment Print

Read about the Andhra Pradesh High Court’s decision to allow a writ petition challenging a penalty order that violated the principles of natural justice. Get a comprehensive analysis of the case and its implications.

Cash Credit Account Not Provisionally Attachable under GST: Calcutta HC

July 4, 2023 1395 Views 0 comment Print

Landmark ruling by Calcutta High Court on provisional attachment of a cash credit account under GST in J.L. Enterprises Vs Assistant Commissioner State Tax case.

Notice Issued For Recovery Of Demand Invalid Unless Stay Petition decided by AO With Speaking Order

June 29, 2023 1383 Views 0 comment Print

Orissa High Court mandates AO to review Legend Steel’s stay application, emphasizing on judicial discretion over administrative circulars for fair assessment.

Section 148A(d) order Passed Without Opportunity to defend is Invalid

June 29, 2023 1278 Views 0 comment Print

Madras High Court rules in favor of Packirisamy Senthilkumar, ensuring fair tax process and correcting procedural errors under Section 148A(d).

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