S. 148A : Reassessment-Conducting inquiry, providing opportunity before issue of notice-Public sector undertaking-Input tax credit fraud-Proceedings stayed until further orders. [S. 148, Art, 226]
Bharat Heavy Electricals Ltd. v. PCIT (2022) 444 ITR 234 (Delhi)(HC)
Digest of case laws
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This Digest of case laws is prepared by KSA Legal and AIFTP from judgements reported in BCAJ, CTR, DTR, ITD, ITR, ITR (Trib), Chamber's Journal, SOT, Taxman, TTJ, BCAJ, ACAJ, www.itatonline.org and other journals
Click here to download the pdf versions of the Digest of case laws S. 148 : Reassessment-Notice-Notice in the name of dead person-Objection to notice by Legal Representative-. Mistake in notice not curable-Notice not valid. [S. 147, 159(2)(b), 292B, Code of Civil Procedure, 1908, S. 2(11), Art, 226]
Kanubhai Dhirubhai Patel v. ITO (2022) 444 ITR 405 (Guj.)(HC)S. 147 : Reassessment-Limitation-No finding or recording of reason that income has escaped assessment on account of failure of assessee to disclose truly and fully all material facts-Notice And Order Rejecting Objections Unsustainable. [S. 148, 149 150. Art, 226]
SEA Sagar Construction Co. v. V.A. Nair ITO (2022) 444 ITR 385 / 213 DTR 393 / 288 Taxman 609 / 328 CTR 897 (Bom.)(HC) SEA Sagar Construction Co. v V.N. Talreja Dy.CIT (2022) 444 ITR 385 / 213 DTR 393/ 288 Taxman 609/ 328 CTR 897 (Bom.)(HC)S. 147 : Reassessment-Assessee can establish in reassessment proceedings that reasons were erroneous-DTAA-India-USA-Assessee directed to show in the reassessment proceedings that the assumption of facts made in the notice is erroneous. [S. 10(38), 148, Form No 15CA, Art, 226]
SAIF II Mauritius Co. Ltd. v. ACIT (IT) (2022) 444 ITR 501 (Delhi)(HC) SAIF III Mauritius Co. Ltd. v. ACIT (IT) (2022) 444 ITR 501 (Delhi)(HC)S. 147 : Reassessment-No new material-Original assessment order passed after application of mind-Change of opinion-Reassessment notice is unsustainable. [S. 143(3), 148, Art, 226]
Rama Devi Sabat v. Dy. CIT (2022) 444 ITR 301 / 209 DTR 196 / 324 CTR 241 (Orissa) (HC)S. 147 : Reassessment-Issue of notices to wrong e-mail address is not valid-Reassessment order was set aside. [S. 127, 148, 282, Art, 226]
Four Star Granite Pvt. Ltd. v. Dy. CIT (2022) 444 ITR 161 (Ker.)(HC)S. 147 : Reassessment-Failure to file return of income-Cash deposited in the bank account-Reassessment notice is justified. [S. 68, 139, 148, Art, 226]
Farmacia Molio v. ITO (2022) 444 ITR 65/287 Taxman 11 / 216 DTR 219/ 327 CTR 71 (Bom.)(HC)S. 147 : Reassessment-Charitable purpose-Registration Exemption for assessment years prior to registration-Reassessment proceedings cannot be initiated on ground of non-registration. [S. 11, 12A, 12AA]
CIT v. Karnataka State Students Welfare Fund (2022) 444 ITR 436 (Karn.)(HC)S. 147 : Reassessment-Opportunity of hearing-Question of facts cannot be raised in writ proceedings. [S. 148, Art, 226]
Chandra Sekar Reddy Bokkalapally v. NFAC (2022) 444 ITR 581 (Telangana)(HC)S. 147 : Reassessment-Information from Investigation Wing-Sanction of prescribed authority-Notice valid. [S. 148, 151, 282A, Art, 226]
Bharat Krishi Kendra v. UOI. (2022) 444 ITR 584 / 212 DTR 137 / 326 CTR 45 (Chhattisgarh)(HC)