Posted inBlog
ITAT Mumbai Applies TOLA Limitation Rules to Annul Penny Stock Reassessment
Learn how ITAT Mumbai quashed an assessment for AY 2015-16 by applying TOLA limitation rules to penny stock reassessment proceedings.
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ITAT Mumbai Invalidates AY 2015-16 Reassessment Notice Based on Rajeev Bansal Ruling
ITAT Mumbai quashes AY 2015-16 reassessment for ₹80.05 lakh cash deposits, ruling the April 2022 Section 148 notice time-barred under Rajeev Bansal precedent.
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ITAT Mumbai Quashes Rs 13.39 Crore Reassessment Due to Invalid Section 151 Approval
ITAT Mumbai sets aside a Rs 13.39 crore income tax reassessment for AY 2017-18 because the Section 148 notice lacked proper Section 151 approval.
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ITAT Hyderabad Rules Pr. CIT Approval Invalid for Section 148 Notices Beyond Three Years
ITAT Hyderabad quashes reassessment proceedings, ruling that Pr. CIT approval is invalid for Section 148 notices issued beyond three years.
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Delhi High Court Rules Section 148 Notice on Previously Assessed Income Illegal
Delhi High Court declares Section 148 income tax notices for previously assessed transactions void and issued without legal jurisdiction.
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ITAT Delhi Invalidates 2022 Section 148 Notice for Assessment Year 2015-16
Learn how ITAT Delhi recently quashed a Section 148 notice issued in April 2022 for the 2015-16 assessment year, rendering proceedings invalid.