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Sandeep Jain

Latest Posts by Sandeep Jain

Draft Submission- No Section 271(1)(c) penalty when no specific limb been mentioned

April 23, 2024 2292 Views 0 comment Print

Grounds of Appeal related to the penalty imposed u/s 271(1)(c) of the Act , 1961 AY 2015-16 1. In the facts and circumstances of the case the Ld. Jurisdictional AO is not justified in imposing penalty of 6,54,050.00 on the assessee which is illegal and imposed in a most arbitrary manner and assessee denies her […]

Sample Grounds for ITAT Appeal: Condonation of Delay under Sec. 249(3) Post CIT(A)’s Rejection

March 8, 2024 3624 Views 0 comment Print

Explore sample grounds of appeal for condonation of delay before ITAT after rejection by CIT(A), NFAC, New Delhi. Legal analysis of errors and sufficient causes presented by the assessee.

Draft Format of letter for filing objection to Section 148 Income Tax notice

February 6, 2024 11865 Views 0 comment Print

Learn how to draft a letter objecting to a notice under Section 148 of the Income Tax Act, 1961. Understand the legal aspects, necessary documentation, and key considerations.

Mere cash deposited with bank is not a prima facie belief for escapement of Income

April 20, 2023 6657 Views 1 comment Print

Learn why mere cash deposits arent enough for reopening assessments. Analysis of tangible material requirement and legal implications for accurate income evaluation.

Cash withdrawn and redeposit is not income from Undisclosed Sources

April 15, 2023 6771 Views 0 comment Print

Learn why cash withdrawn and redeposit is not considered income from undisclosed sources. Explore draft submissions backed by key judgments and legal insights.

Sufficient time to comply with section 143(2) notice & valid notice u/s 142(1)(ii) is mandatory

April 6, 2023 12873 Views 0 comment Print

Ensure sufficient time for compliance with Section 143(2) notice and the mandatory issuance of valid notices under Section 142(1)(ii). Understand the legal implications and the possibility of nullifying the assessment if proper procedures are not followed. Stay informed to protect your rights in tax assessments.

Draft submission regarding approval u/s 151 from competent authority for issue of notice u/s 148

March 28, 2023 7371 Views 0 comment Print

Explore the intricacies of approval under Section 151 of the Income Tax Act for the issuance of notices under Section 148. Uncover legal nuances and key judgments.

Draft submissions regarding reasons recorded u/s 148(2) of Income Tax Act, 1961

March 18, 2023 3873 Views 0 comment Print

Draft submissions regarding reasons recorded u/s 148(2) of the Income Tax Act, 1961 provide detailed insights into the legal implications of notice issuance and the necessity of furnishing reasons to the assessee. These submissions, accompanied by relevant case law, highlight the importance of procedural compliance and the consequences of non-compliance, aiming to ensure fair and just assessment proceedings.

Draft submission – Section 148 notice sent at wrong address

March 15, 2023 3417 Views 0 comment Print

In draft submissions before the First Appellate Authority, challenge the issuance of a Section 148 notice sent to the wrong address, affecting the assessment proceedings.

Draft submission when AO not complies with section 147 to 151 of Income Tax

February 2, 2023 4311 Views 0 comment Print

Draft submission to ITAT when AO doesn’t comply with section 147 to 151 of Income Tax. Ground of Appeal & Arguments in writing, AO’s reasons recorded u/s 148(2) were never supplied to assessee. Assessment bad in law & spirits as reopening bad enough.

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