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Section 144

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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 77115 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 68055 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 16473 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 573 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 339 Views 0 comment Print


Canada Resident Eligible for India-Canada DTAA Benefit: ITAT Delhi

November 4, 2023 1839 Views 0 comment Print

ITAT Delhi rules in favor of a Canadian resident, allowing them to benefit from the India-Canada Double Taxation Avoidance Agreement (DTAA). Learn more in this article.

ITAT Jaipur Dismisses Appeal: Non-compliance with ITD Notice

November 2, 2023 513 Views 0 comment Print

ITAT Jaipur dismisses Chiranji Lal Bairwa’s appeal due to non-compliance with ITD notice for determining land value under section 50C of Income Tax Act. Details of the case and the ruling.

Notice for Reassessment Sent to Registered Email Valid: Kerala HC

November 1, 2023 360 Views 0 comment Print

Kerala High Court dismisses writ petition, upholding the validity of reassessment notices sent to the registered email address with the Income Tax Department.

AO cannot reopen assessment u/s. 148 when order u/s. 245D is passed by Income Tax Settlement Commission

October 26, 2023 636 Views 0 comment Print

ITAT Ahmedabad held that once the Income Tax Settlement Commission has passed final order u/s. 245D of the Income Tax Act, AO has no jurisdiction to reopen the same u/s. 148 of the Income Tax Act.

Rejection of Books of Accounts for Stock Format Non-Compliance is unjustified

October 26, 2023 954 Views 0 comment Print

ITAT Ahmedabad held that rejection of books of accounts merely for not providing stock details in desired format and without bringing any corroborative material on record suggesting specific defect in the books of accounts is unjustified.

Notice sent on incorrect email addresses: ITAT Directs Re-adjudication

October 26, 2023 639 Views 0 comment Print

In the case of Syed Nadeem Abbas Vs ITO, ITAT Delhi orders re-adjudication due to incorrect email addresses for hearing notices, ensuring natural justice.

Covid 19 & mere 2 days to reply notice is reasonable cause: Section 271(1)(b) deleted

October 26, 2023 510 Views 0 comment Print

Explore case of Manjeet Kaur vs ITO, where a penalty under Section 271(1)(b) was contested due to a reasonable cause amid Covid-19. Full ITAT Jaipur order analysis.

Nature of Land at Agreement Time Determines Agricultural or Industrial Classification

October 26, 2023 609 Views 0 comment Print

The ITAT Delhi directs re-evaluation of the nature of sold land in the Chander Mani Sharma Vs ITO case, emphasizing the importance of the sale deed for determining agricultural status.

Change of CA Leading to Non-Receipt of Notices: ITAT Directs Re-Adjudication

October 26, 2023 408 Views 0 comment Print

In Narayan Dattarao Giram Vs ITO, ITAT Pune grants the assessee another chance due to a Chartered Accountant change resulting in non-receipt of notices.

Interest u/s 234B of the Income Tax Act chargeable on assessed income and not returned income

October 25, 2023 777 Views 0 comment Print

Jharkhand High Court held that interest under Section 234B of the Income Tax Act has to be charged on the assessed income and not on the returned income of an Assessee.

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