Selecting Wrong Income Tax Section Code/Clause would Not Disentitle Appellant to Rightful Claim: ITAT directs de novo Hearing [Read Order]

The Pune Bench of the Income Tax Appellate Tribunal ( ITAT ) held that the Selection of the wrong clause by the appellant cannot be treated as fatal to the proceedings initiated…

Continue ReadingSelecting Wrong Income Tax Section Code/Clause would Not Disentitle Appellant to Rightful Claim: ITAT directs de novo Hearing [Read Order]

Managing Section 143(2) Income Tax Scrutiny Notices for AY 2024–25: A Guide for Tax Practitioners with Checklist for Taxpayers

The Central Board of Direct Taxes has initiated the widespread issuance of scrutiny notices under Section 143(2) of the Income Tax Act for the Assessment Year 2024–25. As tax professionals, it is…

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Dispute Over Email ID in Income Tax Proceedings leading to Ex Parte Order: Madras HC Directs Fresh Consideration [Read Order]

The Madras High Court has remanded a case back to the Income Tax Department for fresh consideration after noting that an ex parte assessment order was passed without proper service of notice…

Continue ReadingDispute Over Email ID in Income Tax Proceedings leading to Ex Parte Order: Madras HC Directs Fresh Consideration [Read Order]

Advocate Suffers from Depression/Memory Loss, Fails to Defend Appeal resulting Ex-parte Order: ITAT Remands for Fresh Adjudication

The Chandigarh Bench of the Income Tax Appellate Tribunal ( ITAT ) has set aside an ex-parte appellate order passed by the CIT(A)/NFAC after noting that the assessee’s counsel was suffering…

Continue ReadingAdvocate Suffers from Depression/Memory Loss, Fails to Defend Appeal resulting Ex-parte Order: ITAT Remands for Fresh Adjudication

Certificate of Family Members obtained from Tahsildar Office Admissible to Prove Legal Heirship: DRAT Allows BOI to Claim Property for Debt Recovery

The Kolkata bench of the Debts Recovery Appellate Tribunal (DRAT) allowed the Bank of India (BOI), holding that a certificate of family members obtained from the office of the Tahsildar…

Continue ReadingCertificate of Family Members obtained from Tahsildar Office Admissible to Prove Legal Heirship: DRAT Allows BOI to Claim Property for Debt Recovery

Income Tax Exemption u/s 11 Cannot be denied Merely due to Delay in Filing Form 10B: ITAT [Read Order]

The ITAT Ahmedabad Bench of the Income Tax Appellate Tribunal ( ITAT ) has held that income tax exemption under Section 11 of the Income Tax Act, 1961, cannot be denied merely due…

Continue ReadingIncome Tax Exemption u/s 11 Cannot be denied Merely due to Delay in Filing Form 10B: ITAT [Read Order]