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Income Tax Assessment

Latest Articles


Assessment of Trusts as per latest amendments (Including Finance Bill 2025)

Income Tax : An analysis of trust taxation under the Income Tax Act, including Finance Bill 2025 amendments, tax exemptions, anonymous donation...

February 23, 2025 35916 Views 1 comment Print

GST on Rental Income & different types of income tax assessments

CA, CS, CMA : This article explains the GST implications of rental income and provides an overview of the different types of income tax assessme...

December 2, 2024 10293 Views 2 comments Print

What is the Impact of AI on the Future of Assessment?

Income Tax : Explore how AI transforms educational assessments through personalized learning, improved accuracy, and real-time feedback, addres...

October 30, 2024 1443 Views 0 comment Print

Post-Amalgamation Income Tax Assessments

Income Tax : Explore how Section 170 of Income Tax Act applies to post-amalgamation assessments, with key judicial decisions and implications f...

October 9, 2024 858 Views 0 comment Print

Time limit for issuing different income-tax notices & completion of assessment

Income Tax : Understand the time limits for issuing income tax notices and completing assessments, including updates from the Finance Acts of 2...

September 2, 2024 9777 Views 0 comment Print


Latest News


KSCAA submits Probable resolutions to spate of high pitched assessments

Income Tax : Read KSCAA's representation to the Commissioner of Income Tax, addressing practical issues faced by taxpayers and suggesting solut...

December 9, 2023 2736 Views 0 comment Print

Indiscriminate Income Tax notices without allowing reasonable time

Income Tax : In view of Indiscriminate notices by income Tax Department without allowing reasonable time it is requested to Finance Ministry an...

March 20, 2022 12966 Views 0 comment Print

Extend Time Limit for Income Tax Assessment time barring on 31.3.2022

Income Tax : Lucknow CA Tax Practicioners Association has made a Representation to FM for Extension of Time Limit for Assessment cases time bar...

March 20, 2022 41871 Views 2 comments Print

FAQs on Issues faced by field users in Assessment module of ITBA

Income Tax : While uploading Manual order for the A Y 2017-18 user is getting the following message: Manual Order cannot be uploaded for this P...

November 30, 2019 8178 Views 2 comments Print

IT Scrutiny and assessment to get fully online in next two year

Income Tax : Tax collections increased from Rs 6.38 Lakh Crore in year 2013-14 to almost Rs 12 Lakh Crore this year  80% growth in tax base; n...

February 1, 2019 1215 Views 0 comment Print


Latest Judiciary


Demand in computation sheet Invalid if No Addition Proposed in Assessment Order

Income Tax : In a case of BVM Global Education Trust vs Assessment Unit, Madras High Court declares computation sheet and demand notice invalid...

May 12, 2024 2250 Views 0 comment Print

Madras HC Directs Valuation Report Consideration for Tax Assessment Rectification

Income Tax : Read about the Madras High Court's order for rectification of an income tax assessment order regarding addition on sale considerat...

May 12, 2024 519 Views 0 comment Print

HC Sets Aside Income Tax Order Due to Technical Glitch Preventing Petitioner’s Participation

Income Tax : Kerala High Court nullifies Income Tax assessment order for 2016-17 after petitioner couldn't attend video conferencing due to tec...

April 23, 2024 579 Views 0 comment Print

Madras HC Dismisses Writ Petition: Bank Account Dispute Unsuitable for Article 226

Income Tax : Read about the Madras High Court's decision in Rakesh Beniyal Vs ITO case, where the court dismissed a writ petition challenging a...

April 12, 2024 369 Views 0 comment Print

Assessment Order on Old PAN Appealable Despite New PAN allotment: Kerala HC

Income Tax : Kerala High Court rules that an income tax assessment order passed on an old PAN is appealable even if a new PAN is issued, provid...

February 9, 2024 1008 Views 0 comment Print


Latest Notifications


SOP for Faceless Income Tax Assessment under Section 144B

Income Tax : Standard Operating Procedure (SOP) for Assessment Unit (AU), Verification Unit (VU), Technical Unit (TU) and Review Unit (RU) unde...

August 3, 2022 53232 Views 0 comment Print

CBDT specifies cases for section 144B Assessment

Income Tax : CBDT hereby specifies that all the assessment proceedings pending as on 31.03.2021 and the assessment proceedings initiated on or ...

March 31, 2021 19023 Views 1 comment Print

ITBA Appeal Module for pending appeals to be allocated to Faceless Appeal Units

Income Tax : Faceless Appeal Scheme has been implemented in ITBA and the allocation of cases to Faceless Appeal units is under progress. A numb...

October 19, 2020 2808 Views 0 comment Print

CBDT notifies Prescribed Authority under Section 133C

Income Tax : CBDT notifies Prescribed Authority under Section 133C with effect from 13th August, 2020 vide Notification No. 66/2020, Dated: Aug...

August 13, 2020 2181 Views 0 comment Print

CBDT notifies 4195 Income Tax Authorities for Faceless Assessment

Income Tax : CBDT notifies 4195 Income-tax Authorities of Regional e-Assessment Centres to exercise the powers and functions of Assessing Offic...

August 13, 2020 2592 Views 0 comment Print


Latest Posts in Income Tax Assessment

Assessment of Trusts as per latest amendments (Including Finance Bill 2025)

February 23, 2025 35916 Views 1 comment Print

An analysis of trust taxation under the Income Tax Act, including Finance Bill 2025 amendments, tax exemptions, anonymous donations, and business trust regulations.

GST on Rental Income & different types of income tax assessments

December 2, 2024 10293 Views 2 comments Print

This article explains the GST implications of rental income and provides an overview of the different types of income tax assessments under the Income Tax Act, 1961.

What is the Impact of AI on the Future of Assessment?

October 30, 2024 1443 Views 0 comment Print

Explore how AI transforms educational assessments through personalized learning, improved accuracy, and real-time feedback, addressing key challenges and benefits.

Post-Amalgamation Income Tax Assessments

October 9, 2024 858 Views 0 comment Print

Explore how Section 170 of Income Tax Act applies to post-amalgamation assessments, with key judicial decisions and implications for tax authorities and businesses.

Time limit for issuing different income-tax notices & completion of assessment

September 2, 2024 9777 Views 0 comment Print

Understand the time limits for issuing income tax notices and completing assessments, including updates from the Finance Acts of 2022 and 2023.

Rectification, Assessment, and Appeal under Income Act, 1961

September 2, 2024 3891 Views 0 comment Print

Learn about rectifying mistakes in income tax orders under Section 154, including types of rectifiable orders, responsible authorities, and time limits.

FAQs on Assessments under Income-tax Law

August 27, 2024 86304 Views 7 comments Print

Explore common FAQs on income tax assessments, including types, procedures, and time limits for sections 143, 144, and 147.

Demand in computation sheet Invalid if No Addition Proposed in Assessment Order

May 12, 2024 2250 Views 0 comment Print

In a case of BVM Global Education Trust vs Assessment Unit, Madras High Court declares computation sheet and demand notice invalid if no addition is proposed in the income tax assessment order.

Madras HC Directs Valuation Report Consideration for Tax Assessment Rectification

May 12, 2024 519 Views 0 comment Print

Read about the Madras High Court’s order for rectification of an income tax assessment order regarding addition on sale consideration based on a DVO’s report.

Are some of Income Tax Assessments and raids unfair?

May 7, 2024 1896 Views 0 comment Print

Explore the fairness of tax assessments & raids through a detailed analysis of a recent case. Learn about the powers of income tax officers, evidence requirements, & more.

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