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Gujarat High Court Rules Income Tax Reassessment Invalid Due to Borrowed Satisfaction
Gujarat HC sets aside Section 148 income tax reassessment for AY 2013-14, ruling that borrowed satisfaction and mere change of opinion are unlawful.
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Chhattisgarh High Court Quashes Reassessment Notices for Assessment Year 2015-16
Chhattisgarh High Court sets aside Section 148 reassessment notices and orders for AY 2015-16 following Supreme Court rulings on statutory limitations.
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Karnataka High Court Rules Section 148 Notice Invalid for Amalgamated Non-Existent Company
Karnataka High Court quashes Section 148 notice issued to a dissolved company post-amalgamation, ruling Section 292B cannot cure this legal defect.
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ITAT Surat Quashes ₹1.20 Crore Reassessment Due to Invalid Section 148 Notice
ITAT Surat sets aside a ₹1.20 crore reassessment after ruling that the Section 148 notice exceeded the permissible statutory limitation period.
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Gujarat High Court Rules Against Reassessment of Income Already Taxed in Amalgamated Company
Gujarat HC quashes Section 148 notice, ruling that income of 1.40 crore already assessed in an amalgamated company cannot face reassessment.
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Gujarat High Court Rules Against Reassessment Based on Hypothetical Interest Deductions
Gujarat High Court sets aside Section 148 tax reassessment founded on conjecture, repeated taxation, and resolved liabilities under IBC.
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Punjab and Haryana High Court Quashes Assessment Notices Issued After April 1 2021
Punjab and Haryana High Court sets aside reassessment notices for AY 2015-16 issued post April 1, 2021, aligning with the Supreme Court Deepak Steel ruling.
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ITAT Ranchi Rules Old Investigation Report Cannot Support March 2021 Tax Reopening
ITAT Ranchi quashes a section 148 tax notice and deletes a major addition, ruling that dated investigation reports cannot justify March 2021 reopenings.
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Bombay High Court Rules Audit Objections Cannot Reopen Assessed Tax Issues
The Bombay High Court held that tax assessments cannot be reopened via Section 148 based on audit objections for matters already examined by the assessing officer.
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Delhi High Court Rules on Pre September 2024 Search and Section 148 Notices
Delhi High Court clarifies that income tax searches conducted before September 2024 fall under the old reassessment framework allowing direct Section 148 notices.