Income Tax – Page 9 – smeaccountant

Andhra Pradesh High Court Rejects Challenge to Income Tax Summons Amidst Allegations of Mala Fide Action

The Andhra Pradesh High Court recently upheld the validity of summons issued under Section 131(1A) of the Income Tax Act, dismissing claims that the summons were issued with mala fide…

Prasenjit Bhowmik May 20, 2026

Taxation and Legal Insights

Tax Tribunal Overturns Reassessment Due to Time-Barred Notice

The Income Tax Appellate Tribunal (ITAT) Mumbai bench has quashed a reassessment proceeding, ruling that the notice under Section 148 of the Income Tax Act, 1961, was issued beyond the…

Prasenjit Bhowmik May 20, 2026