Tax Reassessment – smeaccountant

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Rajasthan High Court Quashes Section 148 Reassessment Notice for Assessment Year 2017-18

Rajasthan High Court sets aside Section 148 notice for AY 2017-18, ruling it time-barred and invalidly issued by the Jurisdictional Assessing Officer.

Prasenjit Bhowmik September 19, 2026

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ITAT Ahmedabad Upholds Tax Reopening Yet Deletes Bogus Loan Addition

ITAT Ahmedabad rules on Section 147 tax reopening, upholding the reassessment procedure while deleting bogus loan additions backed by banking channels.

Prasenjit Bhowmik September 18, 2026

U.S. 1040 tax form with 2021 planner on a pastel pink background, symbolizing tax season.

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ITAT Mumbai Rules IBC Resolution Plan Extinguishes Unclaimed Tax Reassessment

ITAT Mumbai holds that tax reassessment and demands cannot survive if pre-CIRP tax claims were omitted from an approved resolution plan.

Prasenjit Bhowmik September 12, 2026

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Telangana High Court Quashes Income Tax Reassessment Notices Issued After March 31 2021

The Telangana High Court has ruled that Section 148 income tax reassessment notices dispatched on or after April 1 2021 are time-barred and invalid.

Prasenjit Bhowmik September 11, 2026

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Gujarat High Court Rules Reassessment Based on Examined Issues is Change of Opinion

Gujarat High Court quashes Section 148 tax reassessment for AY 2012-13, ruling that reopening based on previously examined scrutiny issues is a change of opinion.

Prasenjit Bhowmik September 5, 2026

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Hyderabad ITAT Rules Reassessment on Existing 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 reopening notice under…

Prasenjit Bhowmik August 22, 2026

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Jaipur ITAT Confirms Finality of Reassessment Quashing Following Supreme Court Ruling

The Income Tax Appellate Tribunal (ITAT) in Jaipur has officially recognized the finality of a significant Rajasthan High Court judgment regarding tax reassessment. This legal milestone was reached after the…

Prasenjit Bhowmik August 13, 2026

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Panaji ITAT Quashes Section 147 Reassessment When No Addition Made on Reopened Issue

The Panaji ITAT has quashed a Section 147 reassessment because tax officials failed to make additions on the specific issue that reopened the case.

Prasenjit Bhowmik August 11, 2026

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ITAT Panaji Quashes Penny-Stock Reassessment for Borrowed Satisfaction

The Income Tax Appellate Tribunal (ITAT) in Panaji recently delivered a significant ruling by setting aside a tax reassessment proceeding involving alleged penny-stock transactions. According to official reports, the tribunal…

Prasenjit Bhowmik August 9, 2026

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ITAT Delhi Quashes Reassessment Due to Jurisdictional Lapses by Income Tax Officer

The Delhi bench of the Income Tax Appellate Tribunal (ITAT) has formally quashed a tax reassessment proceeding in a recent ruling. According to reports, the tribunal determined that the assessing…

Prasenjit Bhowmik August 4, 2026