Madras High Court: (i) The Jurisdictional Assessing Officer (JAO) does have ‘exclusive powers’ to issue notice under Section 148 of the Income Tax Act, 1961. Both the JAO and the Faceless Assessing Officer (FAO)will have concurrent powers for ‘assessment, re-assessment and re-computation’ of the particular income in a faceless manner. (ii) The Directorate of IT (Systems) shall have… Read More ...

Delhi High Court: The Liaison Office of the assessee did not constitute a PE in India, there was no DAPE and that the software did not result in the creation of a permanent establishment. (i) On an overall conspectus of the various decisions handed down by this Court as well as the Supreme Court insofar as Fixed Place… Read More ...

Bombay High Court: S. 87A : Rebate of income-tax in case of certain individuals-New tax regime-Tax on income of individuals and Hindu undivided family- Rebate u/s 87A is substantive right which cannot be deprived by procedural changes such as changes in the utility software made by the department-The Court has directed the CBDT to extend the date of… Read More ...

By Arjun Gupta Advocate, Bombay High Court, Senior standing counsel, Income-tax Department: The issue of notices issued in the name of a non-existing entity is mired in controversy and a clinical examination of the same has been attempted in this article. Read More ...

By Arjun Gupta Advocate, Bombay High Court Senior Standing Counsel, Department of Revenue: The two judgments of the Hon'ble Apex Court have still not conclusively resolved every aspect of the controversies surrounding reassessment. Read More ...

By Aditya Ajgaonkar, Advocate: Lady Justice never wore a blindfold when it came to Tax Jurisprudence in India Read More ...