March 08, 2026 : The Income Tax Appellate Tribunal (ITAT) has set aside reassessment proceedings initiated against former IPL commissioner Lalit Modi in relation to his income for the assessment year 2010–11, holding that the action taken by the tax Read more…
Tag: Section 147 Income Tax Act
February 21, 2026 : The Delhi Bench ‘F’ of the Income Tax Appellate Tribunal (ITAT) has quashed reassessment proceedings initiated against Vedanta Limited for the Assessment Year (AY) 2010-11, holding that reopening of the assessment beyond four years was invalid Read more…
February 03, 2026 : The Chennai Bench of the Income Tax Appellate Tribunal has set aside the reassessment proceedings initiated against Aryan Share & Stock Brokers Ltd. for Assessment Year 2017–18, holding that the Assessing Officer failed to meet the Read more…