Category: Income-Tax Act

Archive for the ‘Income-Tax Act’ Category


ITO v. Rinku R. Rai (2023) 454 ITR 35/ 293 Taxman 689 (SC) Editorial : Rinku R. Rai v. ITO (2023) 454 ITR 33(Bom)(HC)

S. 151 : Reassessment-Sanction for issue of notice-After the expiry of four years-Sanction of Additional Commissioner-Notice Not Valid-SLP dismissed.[S.144B (1)(xvi), 147, 148, Art. 131]

Anu Gupta v. ITO (2023)454 ITR 785 (Delhi)(HC)

S. 148A : Reassessment-Conducting inquiry, providing opportunity before issue of notice-Failure to consider replies-Notice and order for issue of notice is set aside-Matter remanded to Assessing Officer. [S. 147, 148, 148A(b). 148A(d), Art. 226]

Absolute Entertainment Pvt. Ltd. v ACIT (2023)454 ITR 655 (Delhi)(HC)

S. 148A : Reassessment-Conducting inquiry, providing opportunity before issue of notice-Reply of assessee was not considered-Notice was responded-Assessment order and notice of demand was stayed. [S. 142(1), 143(2), 144 144B, 148, 148A(d), Art, 226]

Anurag Gupta v. ITO (2023)454 ITR 326 / 332 CTR 811/ 225 DTR 211 (Bom)(HC)

S. 148A : Reassessment-Conducting inquiry, providing opportunity before issue of notice-Assessee must be furnished material on the basis of which initial notice was issued-Notice was quashed. [S. 148, 148A(b), 148A(d), Art, 226]

Ajay Gupta (HUF) v. ITO (2023)454 ITR 787 (Delhi)(HC) Rajiv Gupta (HUF) v. ITO (2023)454 ITR 787 (Delhi)(HC) Editorial : SLP of assessee dismissed, Ajay Gupta v. ITO (2023)454 ITR 794(SC)

S. 148A : Reassessment-Conducting inquiry, providing opportunity before issue of notice-Accommodation entries-Accepted by assessee-Information from Investigation Wing-Alternative remedy-Writ petition was dismissed. [S. 147, 148, 148A(d), Art. 226]

Ajay Gupta v. ITO (2023)454 ITR 794 / 294 Taxman 3 (SC) Editorial : Refer, Ajay Gupta (HUF) v. ITO (2023) 454 ITR 787 / 147 taxmann.com 277 (Delhi)(HC), Rajiv Gupta (HUF) v. ITO (2023)454 ITR 787 / 147 taxmann.com 277 (Delhi)(HC)

S. 148A : Reassessment-Conducting inquiry, providing opportunity before issue of notice-Accommodation entries-Accepted by assessee-Information from Investigation Wing-Alternative remedy-SLP against the dismissal of writ petition was dismissed [S. 147, 148, 148A(d), Art.136, 226]

Virtusa Consulting Services Pvt. Ltd. v. UOI (2023)454 ITR 363 (Telangana)(HC)

S. 148 : Reassessment-Notice-Amalgamation-Merger-Knowledge of department-Notice against non-existent assessee is unsustainable.[S. 147, Art. 226]

PCIT v. S. G. Portfolio Pvt. Ltd. (2023)454 ITR 761 (Delhi)(HC)

S. 148 : Reassessment-Best judgment assessment-Request to the Assessing Officer to treat original return filed as return in response to notice-Best judgement order was passed without issuing notice under section 143(2-Order of Tribunal setting aside the order of the Assessing Officer is affirmed by High Court. [S. 139, 142(2A), 143(2), 144, 147, 260A]

Bharatkumar Jayantibhai Patel v. ACIT (2023)454 ITR 749 (Guj)(HC)

S. 148 : Reassessment-Notice-After withdrawal of petition the assessment was completed-Second notice for same assessment year-Capital gains-Notice was quashed.[S. 10(38), 147, Art. 226]

Jayaprakash v. NFAC (2023)454 ITR 690 (Mad)(HC)

S. 147 : Reassessment-Personal hearing through Video conference was not provided-Violation of principles of natural justice-Matter remanded. [S. 68, 148 Art, 226]