Where no mandatory Draft Order is passed, the Faceless Assessment is Quashed- Bombay HiCIncome TaxWhere no mandatory Draft Order is passed, the Faceless Assessment...Team Taxcharcha11/10/202111/10/20210
Not passing a separate order for disposing off the objections of the assessee is a clear violation of law laid down by the Hon’ble Apex Court in the case of GKN Driveshaft – ITAT DelhiIncome TaxNot passing a separate order for disposing off the objections...Team Taxcharcha18/12/2020
Mentioning of wrong section and wrong facts in the reasons recorded for reopening of the assessment u/s 148 made the reassessment liable to be quashed – ITAT DelhiIncome TaxMentioning of wrong section and wrong facts in the reasons...Team Taxcharcha18/12/2020
Where a company has been dissolved, such dissolution may be set aside within a period of two years from the date of such dissolution under section 356 of the Companies Act, 2013 – Supreme Court of IndiaIncome TaxWhere a company has been dissolved, such dissolution may be...Team Taxcharcha17/12/2020
For the imposition of penalty u/s 271(1)(c) of the Act either concealment of particulars of income or furnishing inaccurate particulars of such income are since qua non – ITAT DelhiIncome TaxFor the imposition of penalty u/s 271(1)(c) of the Act...Team Taxcharcha17/12/2020
Income TaxIncome TaxIncome TaxLatestRecent Case LawsSubmission of evidence during seizure isn’t necessary; can be done in assessment proceeding as well: HCTeam Taxcharcha17/07/2018 by Team Taxcharcha17/07/20180685The High Court of Bombay, in a recent judgement held the following in a case of block assessment, ” Where in course of block assessment, assessee...
