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High Court held that an assessment order passed under Sections 153A & 143(3) after obtaining approval under Section 153D cannot be revised under Section 263
The Hon'ble High Court of Madhya Pradesh in [Principal Commissioner of Income-tax v. Prakhar Developers (P.) Ltd.IT APPEAL NO. 182 OF...
May 5, 2024


HC dismisses writ petition challenging assessment order, directs assessee to avail statutory remedy in case of disputed facts regarding bank account & transactions
The Hon'ble High Court of Madras in [Rakesh Beniyal v. Income-tax Officer (Assessment) (W.P. No. 8865 of 2024 dated April 2, 2024] held...
Apr 29, 2024


Share Broker's Commission Income, Not Sale Value of Shares, is Turnover for Tax Audit Requirement: Income Tax Tribunal
The Hon'ble Income Tax Appellate Tribunal, Rajkot Bench in Parag Hashmukhbhai Davda v. Income-tax Officer [IT APPEAL NO. 118 (RJT) OF...
Apr 11, 2024
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