ITAT Cuttack held that reassessment proceedings cannot be sustained since issue already considered during original assessment ...

Understanding the difference between 'listed company' (Companies Act) and 'listed entity' (SEBI LODR) is crucial for ...

SEBI's consultation paper proposes amendments to IPO regulations, including revised anchor investor rules, new reservations ...

CBDT Circular 10/2025 allows reprocessing of income tax returns erroneously marked "Invalid" by CPC, extending the Section ...

Madras High Court directs customs department to reconsider suspension order suspending license of Container Freight Station [CFS] due to unblemished track record of the petitioner. Accordingly, writ ...

ITAT Delhi held that only the estimation profit element has to form subject matter of addition in case of bogus accommodation entries. Accordingly, CIT(A) order directing @2.5% on total bogus ...

ITAT Delhi held that permission of initiation of reassessment proceedings u/s. 148 of the Act beyond the period of three years is to be obtained only from Pr. Chief Commissioner of Income Tax. Here, ...

The Patna High Court ruled that the two-year limitation period for claiming a tax refund, particularly for payments made under the wrong head, starts from the date of tax payment under the correct ...

ITAT Bangalore allows appeal of Mysore Brindavan Sky Trust, ordering fresh consideration of its 12AB registration after CIT(E) incorrectly concluded no activities by the ...

ITAT Bangalore confirms penalty deletion under Section 271(1)(c) against Manipal Hospitals, ruling that a mere disallowance of a claim, like interest expenditure reclassification, does not constitute ...

Taxpayers can challenge income tax reassessment notices on jurisdictional grounds, including improper notice formats, non-compliance with case selection criteria, and untimely or unauthorized NAFAC ...

ITAT Mumbai held that revisionary order passed u/s. 263 of the Income Tax Act cannot be sustained to the extent AO duly examined the issue during scrutiny assessment proceedings and plausible view ...