Proceedings u/s 148a
Webb10 apr. 2024 · Issue of Notice u/s 143(2) after filing of return u/s 139 or in response to Notice issued u/s 142(1) or 148 is mandatory; Re-assessment proceedings in violation of procedure prescribed u/s 148A(b) is liable to be quashed; Amendment In 206C(1G) TCS on Overseas Tour; TDS not deductible on payment for making use of shrink wrap computer … Webb9 apr. 2024 · By ANADI VARMA. Executive Summary. A landmark ruling in Divya Capital One (P.) Ltd. v.ACIT [2024] 445 ITR 436 (Delhi) has resulted in the concept of ‘’information’’ in the new reassessment proceedings back to being haunted by ‘’reason to believe’’.The revenue officials ,unable to comprehend and defend a fine concept which was part of the …
Proceedings u/s 148a
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WebbI am glad to share that after working as a Chartered Accountant for almost a decade with Tier-1 law firms and specialising in Indirect tax laws, I have started… 142 komentářů na LinkedIn Webb23 maj 2024 · (i) Notice issued u/s 148 during the period from 01-04-2024 to 30-06-2024 under old law should be treated as a notice issued u/s 148A (b) issued under new law. …
WebbHonourable Calcutta High Court too stayed the reassessment proceedings 148 r.w.s. 148A , notices issued post 31/03/21 and the notifications of… Posted by CA Luv Gupta Delhi HC sets aside the assessment order on the ground of dysfunctional e-filing portal and of narrow response-time for SCN The Delhi HC sets aside… Webb4 maj 2024 · (a) The respective impugned section 148 notices issued shall be deemed to have been issued u/s. 148A and treated to be show cause notices in terms of section …
Webb23 maj 2024 · section 148 of the Act states that the “information with the Assessing Officer which suggests that the income chargeable to tax has escaped assessment means,— (i) … Webb2 aug. 2024 · The notice issued u/s 148A must contain information that income chargeable to tax has escaped assessment. There must be some material supporting allegation of …
Webb2 juli 2024 · Assessee received order u/s 148A(d) of the Act within the time limit of 30 days from the date of reply given. However, in the said reply, the AO has not considered the …
Webb26 feb. 2024 · The moot question was whether the relaxation/extension of limitation period given under Taxation and Other Laws (Relaxation & Amendment of Certain Provisions) … round wire rack 10 inchWebb12 apr. 2024 · As announced in Union Budget 2024, the exemption limit of ₹ 3,00,000/- for leave encashment in case of non-government salaried employees was proposed to… round wireless speakerWebbrise to initiation of proceedings under new section 148 of the Act depending on the decision taken by Jurisdictional Assessing Officer (JAO) in proceedings u/s 148A of the … round wire round snap ringWebb1 okt. 2024 · Finally, Stay for Reassessment proceedings for non-compliance of procedure u/s 148A: Allahabad HC The total twist in the reassessment proceeding story wherein the notices are issued after 01/04/2024 under the old provision of section 148 without following the new provision of section 148A. round wire outdoor chairsWebbAs per Section 147 of the Income Tax Act, 1961, the Income Tax Department has the power to reassess an individual’s previously filed income tax returns. The Assessing Officer … round wire retaining clipWebb8 apr. 2024 · In this case, the Madras High Court imposed a fine on the ITO for not considering the submissions made by the assessee during the assessment proceedings. ACIT vs. Rajesh Kumar Gupta (2024) 84 taxmann.com 376 (Delhi) : round wireless glassesWebbAs the notice u/s 148 which is foundation of the reassessment proceeding, was not served upon the assessee, the whole proceedings are held as void- ab –initio. Under the … round wire rim sunglasses