S. 148A: Reassessment-Conducting inquiry, providing opportunity before issue of notice-Notice-After the expiry of four years-Notice and consequential orders are quashed and set aside. [S. 144C(1), 147, 148, 148A(b), 148A(d), Art. 226]
S. 148A: Reassessment-Conducting inquiry, providing opportunity before issue of notice-Notice-After the expiry of four years-Notice and consequential orders are quashed and set aside. [S. 144C(1), 147, 148, 148A(b), 148A(d), Art. 226]
S.148A: Reassessment-Conducting inquiry, providing opportunity before issue of notice-Unexplained money-Cross-examination-mere denial/non-completion of cross-examination of said third party did not vitiate order under section 148A(d)-Opportunity of cross-examination must be provided before passing the assessment order. [S.69, 132(4), 147, 148, 148A(b), 148A(d), Art. 226]
S.148A: Reassessment-Conducting inquiry, providing opportunity before issue of notice-Unexplained investments-Trading of gold, silver, diamond and bullion-High-risk transactions and a GST show cause proposing registration cancellation for ineligible ITC-Reassessment notice and consequential orders are quashed and set aside.[S.69A, 148, 148A(b), 148A(d), Art. 226]
S. 148A: Reassessment-Conducting inquiry, providing opportunity before issue of notice-Cash credits-Development agreement for acquiring development rights funded through unsecured loan from its director-No failure to disclose material facts-Reassessment notice and consequential orders were quashed. [S.68, 143(2), 148, 148A(b), 148A(d), Art. 226]
S. 148A: Reassessment-Conducting inquiry, providing opportunity before issue of notice-Scientific research expenditure-Change of opinion-The power to reexamine cannot be exercised from time to time-Reassessment notice and consequential orders were quashed.[S.35(2AB),143(3), 147, 148, 148A(b), 148A(d), Art. 226]
S. 148A: Reassessment-Conducting inquiry, providing opportunity before issue of notice-Capital gains-Change of opinion-Notice and consequential orders were quashed and set aside.[S.54F, 143(3), 148, 148A(b), 148A(d), Art. 226]
S. 148A: Reassessment-Conducting inquiry, providing opportunity before issue of notice-Fictitious losses-Mutual fund-Notice and consequential orders were quashed-SLP of revenue dismissed. [S. 148, 148A(b), 148A(d), Art. 136]
S. 148A: Reassessment-Conducting inquiry, providing opportunity before issue of notice-Co-operative societies-Interest income on fixed deposit kept with cooperative bank-SLP of revenue was dismissed on account of delay of 225 days in filing SLP [S.80P(2)(d), 148, 148A(b), 148A(d), Art. 136]
S. 148A: Reassessment-Conducting inquiry, providing opportunity before issue of notice-Unexplained expenditure-Order of High Court affirmed-SLP of revenue dismissed. [S.69C, 148, 148A(b), 148A(d), Art. 136]
S. 148A: Reassessment-Conducting inquiry, providing opportunity before issue of notice-Cash credits-Purchase and sales-The assessee had dealt with information supplied to it by the revenue and had meticulously satisfied the data by comparing it with books of account-Reassessment notice and consequential orders were quashed by High Court-SLP of revenue dismissed. [S. 68, 148, 148A(b), 148A(d), Art. 136]