Tag: Income Tax

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Assessment Can’t Be Reopened Merely On The Basis Of Information By Investigation Wing : ITAT

The Delhi bench of Income Tax Appellate Tribunal (ITAT) has held that assessment cannot be reopened merely on the basis of information by the...

TDS Is Deductible On Salaries Of Nuns And Priests Working In Aided Schools: Supreme Court

The Supreme Court while upholding the decision of Madras High Court has held that under Income Tax Act TDS is deductible on salaries of...

Direct Tax Weekly Flashback: 3 November To 9 November 2024

Direct Tax Weekly Flashback for the period 3 November To 9 November 2024. Punjab and Haryana High Court - Direct Tax Weekly FlashbackFamily Settlement Not...

AO To Spell Out Reasons As To What Was To Be Disclosed Before Initiating Reassessment Under Section 147 : Delhi High Court

The Delhi High Court has held that the (Assessing Officer) AO to spell out reasons as to what was to be disclosed before initiating...

Delhi High Court Quashed Reassessment Notice Beyond 10 Years Block Period 

The Delhi High Court has quashed the reassessment notice citing it to be beyond 10 years block period. The bench of Justice Vibhu Bakhru and...

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