Friday, 18 September, 2026

Tag: Section 147 reassessment


ITAT _ Income Tax Appellate Tribunal _ LawNotify

April 7, 2026 : The Income Tax Appellate Tribunal (ITAT), Ahmedabad Bench, has set aside reassessment proceedings under Section 147 of the Income Tax Act, holding that the Assessing Officer (AO) cannot sustain additions on a ground entirely different from Read more…


ITAT _ Income Tax Appellate Tribunal _ LawNotify

April 7, 2026 : The Ahmedabad Bench of the Income Tax Appellate Tribunal has held that additions made on account of bank credits, accommodation entries, and interest income must be carefully reconciled to avoid duplication, cautioning that taxing overlapping components Read more…


February 26, 2026 : The Delhi Bench of the Income Tax Appellate Tribunal has remanded a dispute involving an addition of ₹32.13 lakh made against a Greater Noida taxpayer over alleged cash payments for purchase of a commercial unit at Read more…