by | May 12, 2022 | INCOME TAX
Vide Instruction No. 01/2022 Dated 11th May 2022, the CBDT has issued instructions to implement Supreme Court judgement in the case of Union of India vs Ashish Agarwal. Procedure required to be followed by the Jurisdictional Assessing Officer/ Assessing Officer, in...
by | Mar 3, 2022 | JUDGEMENT
In the case of Pawan Morarka Vs ACIT, the Bombay High Court has held that: On the submissions of Mr. Pardiwalla that respondent had issued impugned notice under Section 148 relying on the Delhi High Court order and judgment despite agitating the conclusion of the...
by | Jan 17, 2022 | INCOME TAX
On 17th January 2022, Calcutta High Court has quashed notices issued under section 148 of the Income Tax Act. The court said that: Respectfully agreeing with the reasonings and views taken by the Allahabad High Court, Rajasthan High Court and Delhi High Court in the...
by | Jan 12, 2022 | JUDGEMENT
In the writ petition no. 3581 of 2021, the Bombay High Court has held on December 20, 2021 that: 4.) In the affidavit in reply, the same Mr. Suryavanshi states “as Annexure – 2 is the copy of the approval u/s 151 of the Act ”. There is no annexure – 1 mentioned...
by | Dec 18, 2021 | INCOME TAX
By issuing a circular, the CBDT has asked tax officials to re-open assessments under section 148 of the Income Tax Act 1961 for the assessment years 2015-16 to 2018-19. “It is directed that the information pertaining to assessment year 2015-16 and assessment...
