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Reassessment

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Section 147 to 153 Income Escaping Assessment (Reopening of Cases)

Income Tax : Learn about Section 147 to 153 Income Escaping Assessment and Reopening of Cases Under Income Tax Act, 1961. Get guidance on the p...

December 10, 2023 12354 Views 5 comments Print

Validity of Section 148A(b) & Section 148A(d) Proceedings: Legal Analysis

Income Tax : Explore legality of Section 148A(b) & Section 148A(d) proceedings post Finance Act 2021. Understand implications of local assessm...

October 21, 2023 4029 Views 0 comment Print

Reassessment proceedings against struck off company invalid unless revived u/s 252 of Companies Act

Income Tax : In a recent case, Madras High Court rules on reassessment proceedings against a struck-off company, highlighting the need for rev...

October 12, 2023 843 Views 0 comment Print

Critical Role of Initial Enquiry under Section 148A(a) for Taxpayer Protection

Income Tax : Understand the critical role of the initial enquiry under Section 148A(a) for taxpayer protection in income tax assessments. Explo...

July 12, 2023 5046 Views 0 comment Print

Critical Analysis of New Reassessment Provisions: Section 148, 148A and 149

Income Tax : Read this critical analysis of the new reassessment provisions introduced by the Finance Act, 2021. Understand the changes in Sect...

July 10, 2023 30318 Views 2 comments Print


Latest News


Request to amend section 151 Sanctioning Authority for reassessment

Income Tax : Humble Representation for modification of Section 151 of the Income Tax Act relating to Sanction for issue of Notice under sec. 14...

July 25, 2022 6381 Views 0 comment Print

Request to clarify on SC judgement on Section 148 notices

Income Tax : Income Tax Gazetted Officers’ Association requested CBDT to issue Clarification in respect of the judgement of Hon’ble Supreme...

May 12, 2022 6864 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 12801 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 40968 Views 2 comments Print

Notices for assessment/reassessment of income of old cases

Income Tax : Under the provisions of Income-tax Act, 1961, notices for assessment/reassessment of income of old cases of more than six years fr...

August 3, 2018 1869 Views 0 comment Print


Latest Judiciary


Allahabad HC Invalidates Notice u/s. 148A(b) for Service to Unregistered Email ID

Income Tax : Allahabad High Court held that valid service of notice under section 148 of the Income Tax Act is a condition precedent for making...

March 23, 2024 2544 Views 0 comment Print

HC Quashes Reassessment Notice: Approval Granted Without Application of Mind

Income Tax : Delhi High Court judgment in Sanjay Kumar Vs ACIT reveals flaws in reassessment proceedings, jurisdictional issues, and errors in ...

March 22, 2024 573 Views 0 comment Print

Revision of Reassessment Order Not Valid if no additions were made based on reasons for reopening

Income Tax : Delve into the case of Paramjit Singh Vs PCIT (ITAT Delhi) regarding jurisdiction under section 263 of the Income-tax Act, 1961, a...

March 20, 2024 360 Views 0 comment Print

Bombay HC Quashes Income Tax Reassessment Notice for AY 2013-14 as Time-barred

Income Tax : Bombay High Court quashes income tax reassessment notice for Assessment Year 2013-2014 as time-barred. Detailed analysis of the ca...

February 27, 2024 1110 Views 0 comment Print

SC Order on Criteria for Invalid Income Tax Return & Issuance of Reassessment Notice

Income Tax : Explore the Supreme Court ruling on reassessment based on unreliable evidence and the distinction between defective and invalid re...

January 24, 2024 2613 Views 0 comment Print


Latest Notifications


Limitation date for reopening cases related to Ashish Agarwal judgment

Income Tax : Supreme Court in the matter of Shri Ashish Agarwal, several representations were received asking for time-barring date of such cas...

February 6, 2023 5154 Views 0 comment Print

Time barring date for reopening cases arising out of SC direction

Corporate Law : Income Tax Gazetted Officers’ Association (W.B.) Unit Date: 02.02.2023. To The Principal Chief Commissioner of Income Tax, W...

February 2, 2023 2871 Views 0 comment Print

Case reopened in light of SC judgment in Ashish Agarwal to be completed by 31.05.2023

Income Tax : CBDT directed that cases reopened u/s 147/148A in consonance with Judgement of SC in case of UoI vs. Ashish Agarwal & CBDT instruc...

January 27, 2023 13629 Views 1 comment Print

Carry out due verification before initiating Section 148/147 proceedings: CBDT

Income Tax : Consequent to order passed by Allahabad High Court passing severe strictures and proposing to levy exemplary cost of Rs 50 lakhs i...

August 22, 2022 12804 Views 0 comment Print

Revised Guideline for Issue of Section 148 Notice

Income Tax : Salient features of new Section 148 to 151A 'i.e. assessment/reassessment procedure of Income Escaping Assessment...

August 1, 2022 69504 Views 1 comment Print


Latest Posts in Reassessment

Allahabad HC Invalidates Notice u/s. 148A(b) for Service to Unregistered Email ID

March 23, 2024 2544 Views 0 comment Print

Allahabad High Court held that valid service of notice under section 148 of the Income Tax Act is a condition precedent for making reassessment under section 147. Accordingly, non-service of notice on registered email ID is unsustainable in the eyes of law.

HC Quashes Reassessment Notice: Approval Granted Without Application of Mind

March 22, 2024 573 Views 0 comment Print

Delhi High Court judgment in Sanjay Kumar Vs ACIT reveals flaws in reassessment proceedings, jurisdictional issues, and errors in income tax notice.

Revision of Reassessment Order Not Valid if no additions were made based on reasons for reopening

March 20, 2024 360 Views 0 comment Print

Delve into the case of Paramjit Singh Vs PCIT (ITAT Delhi) regarding jurisdiction under section 263 of the Income-tax Act, 1961, and its impact on reassessment orders.

Bombay HC Quashes Income Tax Reassessment Notice for AY 2013-14 as Time-barred

February 27, 2024 1110 Views 0 comment Print

Bombay High Court quashes income tax reassessment notice for Assessment Year 2013-2014 as time-barred. Detailed analysis of the case provided.

SC Order on Criteria for Invalid Income Tax Return & Issuance of Reassessment Notice

January 24, 2024 2613 Views 0 comment Print

Explore the Supreme Court ruling on reassessment based on unreliable evidence and the distinction between defective and invalid returns in Mangalam Publications Vs CIT case.

HC upheld reassessment as AO not sought information for multiple assessment years

January 21, 2024 756 Views 0 comment Print

In Champa Impex Private Limited vs. Union of India, Calcutta High Court upholds income tax reassessment, emphasizing procedural adherence and specificity in notice issuance.

Reassessment must be based on new and substantive grounds: Delhi HC

January 19, 2024 2073 Views 0 comment Print

HC establishes a precedent reinforcing principle that reassessment must be based on new and substantive grounds, preventing arbitrary or unfounded reopening of assessments.

Lack of Independent Application of Mind: Delhi HC set-aside Section 148 Reassessment Order

January 16, 2024 1620 Views 0 comment Print

Delhi High Court nullifies reassessment under IT Act, citing lack of independent application of mind. In-depth analysis of Sahu Exports vs. ACIT judgment.

Assessee can raise jurisdictional issue during section 148 proceedings: Madras HC

January 15, 2024 1182 Views 0 comment Print

HC court clarified that petitioner has right to raise jurisdictional issue during section 148 proceedings, and section 149(1) allows challenging a notice issued without jurisdiction.

Section 147 reopening notice issued in the name of dead person is invalid

December 24, 2023 2673 Views 0 comment Print

Madhya Pradesh High Court declares Section 147 notice issued in the name of deceased person for the assessment year 2018-19 as invalid, quashing all related proceedings.

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