#Section 148
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5,409 articlesIncome Tax

Income Tax
₹33 Cr Bank Credits: ITAT Chandigarh Sets Aside Ex Parte Reassessment for Fresh Review
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JAO Lacked Jurisdiction to Issue Section 148 Notice: Rajasthan HC
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SC Quashed Reopening for Lack of Valid “Reason to Believe”
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Reassessment Quashed: No Valid ‘Reason to Believe’ Despite Insight Portal Data – Gujarat HC
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TDS Demand Quashed: No Proof of Cash Payment; Section 194-IA Liability Not Automatic
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Share Certificate Transfer Dates Prove Holding Period; ITAT Allows LTCG Despite Purchase Date Doubts
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Section 80P Deduction Denied Due to Belated Return, Case Sent Back for Condonation Review
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Bogus LTCG from Penny Stock Allegation Rejected for Genuine Long-Term Share Holding
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Mechanical Reliance on Suspicious Transaction Report: Gujarat HC Quashes Section 148 Reassessment Notice
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Statement of Reportable Account Data Not Conclusive: ITAT Chennai Bars Income Addition Without Verification
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Borrowed Satisfaction & No Tangible Material: SC Upholds Quashing of Reassessment
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Gujarat HC Quashed Reassessment for Non-Application of Mind in Reopening Notices
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Income Tax
Reassessment Invalid Due to Proceedings Against Dead Assessee: Calcutta HC
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Income Tax
