Income Tax : Learn how online gaming habits can lead to income tax scrutiny notices under Section 143(2) of the Income Tax Act, 1961. Understan...
Income Tax : Explore journey of India's tax administration transformation led by PM Narendra Modi. Learn about Faceless Assessment Scheme, prom...
Income Tax : Explore the faceless scheme in Indian income tax, including assessments, appeals, penalties, and rectifications. Discover how it e...
Income Tax : High Court held that Income Tax Faceless assessment order under section 143(3) rws 144B becomes invalid if Assessment is completed...
Income Tax : Facing issues with the Faceless Assessment E-Portal closure without notice? Learn the steps ahead to address grievances. Understan...
Income Tax : In view of Indiscriminate notices by income Tax Department without allowing reasonable time it is requested to Finance Ministry an...
Income Tax : Lucknow CA Tax Practicioners Association has made a Representation to FM for Extension of Time Limit for Assessment cases time bar...
Income Tax : The Kerala High Court, today admitted a batch of Writ Petitions challenging the constitutional validity of the Faceless Assessment...
Income Tax : ITAT Jaipur quashes PCIT order in Yesh Dagas case, citing violation of natural justice principles. Key points of the judgment and ...
Income Tax : Read about the Karnataka High Courts decision quashing an Income Tax demand order due to insufficient time provided for reply to a...
Income Tax : Read the full text of the ITAT Kolkata order in Keshav Shroff Vs ITO (AY 2016-17). Analysis shows why mere suspicion isn't enough ...
Income Tax : Explore the Madras High Court's directive in Hussain Mohideen Vs National Faceless Assessment Center, focusing on lack of document...
Income Tax : Himachal Pradesh HC sets aside order U/S 143(3) of the Income Tax Act due to insufficient response time for SCN, remits case back ...
Income Tax : In pursuance of sub-section (3) of section 144B of the Income-tax Act, 1961, the Central Board of Direct Taxes hereby makes the fo...
Income Tax : Standard Operating Procedure (SOP) for Assessment Unit (AU), Verification Unit (VU), Technical Unit (TU) and Review Unit (RU) unde...
Income Tax : Roll out of first phase of changes in ITBA functionalities for Faceless Assessment due to amendments in Section 144B by Finance Ac...
Income Tax : National Faceless Penalty Centre, in accordance with the guidelines issued by the Board, may,–– (a) in a case where imposit...
Income Tax : CBDT notifies Faceless Inquiry or Valuation Scheme, 2022 vide Notification No. 19/2022-Income Tax Dated: 30th March, 2022 and it s...
Sec. 144B mandates AO to offer a hearing post show-cause notice. If requested, personal hearing is obligatory, not discretionary, in assessment.
Understand the significance of personal hearings in faceless assessments as mandated by a recent Allahabad High Court judgment. Get insights into the implications for taxpayers.
Madras High Court dismisses writ petition challenging revision order under Section 263 of IT Act, directing pursuit of statutory appeal.
Discover the Madras High Court’s verdict on tax dispute stay applications. Learn how the ruling impacts taxpayers and legal proceedings. Full judgment insights.
Get insights into the Madras High Court’s ruling on mandatory video-conference hearings under Section 144B of the Income Tax Act. Read the detailed judgment and its implications.
Delhi High Court ruling states Income Tax Dept. must permit personal hearing through National Faceless Assessment Centre upon assessee’s request. Full text judgment provided.
ITAT Mumbai rules penalty under Section 270A deleted as I-T authority failed to consider reasons for difference in sale consideration and stamp duty valuation.
Discover how Chennai ITAT’s verdict affects assessments. Learn how a typographical error in Form 3CD impacts additions to an assessee’s income.
In a detailed analysis of Axis Bank Limited Vs ACIT case, Ahmedabad ITAT explains the difference between a Letter of Credit and Corporate Guarantee, resolving disallowance disputes.
in terms of section 249(4)(a) of the Act, stipulation as to payment of tax ante filing of first appeal is only directory and not mandatory, where appeal is filed without payment of tax but subsequently required amount of tax is paid, appeal shall be admitted on making payment of tax and taken up for hearing on merits.
