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Section 144

Latest Articles


FAQs on Assessments under Income-tax Law

Income Tax : Every taxpayer has to furnish the details of his income to the Income-tax Department. These details are to be furnished by filing ...

June 29, 2023 77088 Views 7 comments Print

What is assessment under the income tax act, 1961, and How many types of it are there?

Income Tax : Understanding assessment under the income tax act, 1961. Learn about the different types of assessments and their implications for...

August 16, 2022 68049 Views 0 comment Print

Provisions for filing of updated Income Tax return in Budget 2022

Income Tax : Provisions for filing of updated return Section 139 of the Act is related to the provisions for filing of Income Tax Return by tax...

February 1, 2022 5304 Views 0 comment Print

Addition for Cash deposited in Bank out of Business receipts: Draft Submission

Income Tax : The case of the assessee was decided ex-parte u/s 144 of the Income Tax Act, 1961 in which a demand of Rs. 2320480/- has been crea...

September 25, 2021 16470 Views 0 comment Print

In a best judgement assessment the AO has to make guesswork but honest guess work

Income Tax : The officer is to make an assessment to the best of his judgment against a person who is in default as regards supplying informati...

August 19, 2021 9018 Views 0 comment Print


Latest Judiciary


Cash Deposits During Demonetization Don’t Automatically Taint Assessee

Income Tax : Merely because certain cash was deposited in the specified bank notes by the assessee during the demonetization period will not ma...

July 14, 2024 564 Views 0 comment Print

DRP’s Rejection of Belated Objections Doesn’t Extend Assessment Limitation: ITAT Delhi

Income Tax : Delhi ITAT rules in Ares Diversified Vs ACIT that rejection of belated objections by DRP does not extend the limitation for passin...

July 4, 2024 201 Views 0 comment Print

No party should be condemned unheard: ITAT Kolkata directs Fresh hearing

Income Tax : Read a detailed analysis of the ITAT Kolkata decision in Littlestar Projects Pvt. Ltd Vs ITO. Understand the implications of the r...

July 4, 2024 204 Views 0 comment Print

Assessment Order Against Deceased Person is Null & Void: Karnataka HC

Income Tax : Karnataka High Court rules assessment orders against deceased null and void. Review of SMT. Sowmya S Vs ITO case, implications, an...

July 4, 2024 489 Views 0 comment Print

HC directs AO to consider objection of Assessee before finalising Assessment Order

Income Tax : Read the full judgment of Kerala High Court on Mammed Komban vs. National Faceless Assessment Center. Analysis of assessment order...

June 26, 2024 336 Views 0 comment Print


Latest Posts in Section 144

Cash Deposits During Demonetization Don’t Automatically Taint Assessee

July 14, 2024 564 Views 0 comment Print

Merely because certain cash was deposited in the specified bank notes by the assessee during the demonetization period will not make the assessee tainted party when the very same transaction are being made by the assessee in the part as well as in the future.

DRP’s Rejection of Belated Objections Doesn’t Extend Assessment Limitation: ITAT Delhi

July 4, 2024 201 Views 0 comment Print

Delhi ITAT rules in Ares Diversified Vs ACIT that rejection of belated objections by DRP does not extend the limitation for passing final assessment U/s 144(4).

No party should be condemned unheard: ITAT Kolkata directs Fresh hearing

July 4, 2024 204 Views 0 comment Print

Read a detailed analysis of the ITAT Kolkata decision in Littlestar Projects Pvt. Ltd Vs ITO. Understand the implications of the ruling and its impact on taxation matters.

Assessment Order Against Deceased Person is Null & Void: Karnataka HC

July 4, 2024 489 Views 0 comment Print

Karnataka High Court rules assessment orders against deceased null and void. Review of SMT. Sowmya S Vs ITO case, implications, and legal insights.

HC directs AO to consider objection of Assessee before finalising Assessment Order

June 26, 2024 336 Views 0 comment Print

Read the full judgment of Kerala High Court on Mammed Komban vs. National Faceless Assessment Center. Analysis of assessment order violations under Income Tax Act sec. 147.

ITAT quashes re-assessment proceedings: Partners property incorrectly assumed as Firms property

June 24, 2024 258 Views 0 comment Print

ITAT Delhi quashes reassessment proceedings against Chaudhary Stone Crusher, ruling on sale of partners property before IT notice under section 148.

Income Tax Notices Sent to Old Address Without Evidence of Service: ITAT Deletes Section 271(1)(b) Penalty

June 16, 2024 2190 Views 0 comment Print

Read the detailed analysis of Sumit Maheshwari Vs ITO case where ITAT Delhi deletes penalty u/s 271(1)(b) of Income Tax Act due to failure in serving notice.

Taxpayer Wins Legal Battle Over Illegal Auction for 1947-48 Assessment Year After 45 Years

June 15, 2024 1530 Views 0 comment Print

Gokal Chand Rattan Chand vs. Union of India: Detailed analysis of Punjab & Haryana High Court’s judgment on non-existent tax order & auction.

Calcutta HC Stays Section 148 IT Notice Due to Limitation and Pending Appeal

June 14, 2024 1716 Views 0 comment Print

Calcutta High Court stays Section 148 notice for 2016-17 due to limitation issues and pending appeal. Jurisdictional conflicts lead to stay on further proceedings.

Cash deposit in Joint account with other relatives: ITAT deletes addition

June 13, 2024 579 Views 0 comment Print

ITAT Ahmedabad rules no tax on cash deposits from relatives if affidavits provided. Sakina Ahmedali Kantavala vs ITO case highlights proper affidavit usage in tax assessments.

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