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ITAT Mumbai Quashes Income Tax Reassessment Over Borrowed Satisfaction
Learn how ITAT Mumbai set aside a tax reassessment because the assessing officer relied on investigation wing data without independent verification.
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ITAT Cuttack Rules NFAC Show-Cause Notice Before March 29 2022 Invalid
ITAT Cuttack quashes reassessment proceedings after ruling that NFAC issued a show-cause notice prematurely without proper jurisdiction.
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ITAT Chandigarh Quashes Time-Barred Section 148 Notice for AY 2015-16
ITAT Chandigarh sets aside a time-barred Section 148 notice issued on April 1, 2022, for assessment year 2015-16, invalidating related penalties.
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1 April Notice Date Prevails Over 31 March: Rajkot ITAT Quashes ₹1.33 Cr Penny-Stock Addition
Discover how the Rajkot ITAT quashed a 1.33 crore tax addition, ruling that an April 1 notice date invalidates older reassessment procedures.
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Hyderabad ITAT Rules Reassessment on Same Material Constitutes Change of Opinion
The Hyderabad Bench of the Income Tax Appellate Tribunal (ITAT) has issued a significant ruling concerning tax reassessment procedures. According to official reports, the tribunal quashed a tax reopening notice…
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ITAT Delhi Rules Against Time-Barred Section 148 Reassessment Notices
ITAT Delhi rules Section 148 reassessment notices for AY 2015-16 issued after April 1, 2021, are time-barred, offering taxpayers crucial clarity.
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ITAT Pune Quashes Reassessment Order Over Cooling-Off Period Violation
ITAT Pune invalidates a reassessment order, reinforcing taxpayer rights and strict procedural compliance regarding the cooling-off period.
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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.