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ITAT Ruling Strengthens Taxpayer Defense Against Section 68 Additions
Posted inBlog

ITAT Ruling Strengthens Taxpayer Defense Against Section 68 Additions

The Income Tax Appellate Tribunal (ITAT) recently ruled in favor of an assessee, deleting a contentious addition under Section 68 of the Income Tax Act after determining that a mere…
Posted by Prasenjit Bhowmik May 30, 2026
ITAT Invalidates Reassessment Notices Issued Without Proper Statutory Sanction
Posted inBlog

ITAT Invalidates Reassessment Notices Issued Without Proper Statutory Sanction

ITAT rules reassessment notices issued after 3 years without proper PCCIT/CCIT sanction are invalid, impacting tax proceedings.
Posted by Prasenjit Bhowmik May 30, 2026

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