CIT(A) Empowered to Remand Ex-Parte Assessments Under New Proviso to Section 251(1)(a); Revenue’s Appeal Dismissed Issue Whether the Commissioner of Income Tax (Appeals) [CIT(A)] has the statutory power to set aside an ex-parte assessment order passed under Section 144 and restore the matter to the Assessing Officer (AO) for fresh adjudication, in light of the… Read More »
ITAT Remands Case: CIT(A) Cannot Dismiss Appeal for Non-Prosecution Without Adjudicating on Merits Issue Procedural Validity: Can the Commissioner of Income Tax (Appeals) [CIT(A)] dismiss an appeal in limine (at the threshold) solely for non-prosecution (non-appearance of the assessee) without deciding the specific issues on their merits? Underlying Merits (To be decided): Whether land… Read More »
Ex-Parte Orders by CIT(A) Set Aside; Matter Remanded for Adjudication on Merits Issue Whether the Commissioner of Income Tax (Appeals) [CIT(A)] was justified in passing ex-parte orders confirming the additions made by the Assessing Officer without discussing the merits of the case, simply because the assessee sought adjournments. Facts Appeals: Three separate appeals (likely… Read More »
Penalty Under Section 270A Remanded for Fresh Adjudication on Reasonable Cause Issue Whether the levy of penalty under Section 270A for “under-reporting of income” (due to non-filing of regular return) is justified when the assessee claims the Managing Partner was abroad for medical treatment, and whether the penalty notice was vague. Facts Assessee: A… Read More »
ITAT Remands Section 69A Addition for Bank Reconciliation; Imposes Cost for Non-Compliance Issue Unexplained Money (Section 69A): Whether the difference between total bank credits and declared sales turnover can be added as unexplained money when the assessee claims they are contra entries and loans but failed to prove it before lower authorities. Second Chance:… Read More »
The “Gemini Era” in Gmail: New AI Features and How to Use Them Google has officially rolled out a massive update for Gmail, transitioning it from a simple storage and search service into a proactive “AI Command Center.” These features are powered by Gemini 3, the latest and most advanced AI model available in… Read More »
IMPORTANT INCOME TAX CASE LAWS 09.01.2026 Relevant Act Section Case Law Title Brief Summary Citation Income-tax Act, 1961 Section 2(24)(xviii) Shriniwas Engineering Auto Components (P.) Ltd. v. ACIT Subsidy received under Package Scheme of Incentives, 2007 (stamp/electricity duty exemption) was held to be taxable income under Section 2(24)(xviii) in the year of receipt, as it… Read More »
Cash Deposit from Property Sale Not “Unexplained” Despite Invalid Return Issue Whether a cash deposit in a bank account can be treated as “unexplained money” under Section 69A solely because the return of income filed in response to a Section 148 notice was marked as “invalid” due to a technicality, even when the source… Read More »
Reassessment Notice for AY 2014-15 Issued in 2022 Held Valid due to TOLA and >₹50 Lakhs Limit Issue Whether a reassessment notice issued under Section 148 (New Regime) on July 29, 2022, for Assessment Year (AY) 2014-15 is barred by limitation, or if it is saved by the Taxation and Other Laws (Relaxation and… Read More »
AO ‘Functus Officio’ After Passing Order; Fresh Notices on Section 170A Modified Return Stayed Issue Whether an Assessing Officer (AO) has the jurisdiction to issue fresh notices under Section 143(2) and Section 142(1) to assess a modified return filed under Section 170A (post-amalgamation) if an assessment order considering that return has effectively already been… Read More »