Tag Archives: Principal Commissioner of Income-tax

Writ Petition Against Jurisdictional Assessing Officer’s Reassessment Disallowed but Remanded to Pending CIT(A) Appeal

By | June 10, 2026
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Writ Petition Against Jurisdictional Assessing Officer’s Reassessment Disallowed but Remanded to Pending CIT(A) Appeal Issue Validity of Notice: Whether the Jurisdictional Assessing Officer (JAO) has the legal authority to initiate reassessment proceedings by issuing a notice under Section 148, and whether subsequent orders can be passed outside the mandatory faceless assessment regime. Maintainability of Writ:… Read More »

Disallowances for Income Derecognition, Unpayable Energy Tax, Security Deposit Interest, and Higher UPS Depreciation Are Unsustainable

By | June 10, 2026
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Disallowances for Income Derecognition, Unpayable Energy Tax, Security Deposit Interest, and Higher UPS Depreciation Are Unsustainable Issue Derecognition of Income: Whether a disallowance can be made under Section 37(1) for the derecognition of income pertaining to the consumers’ portion of over-achievement efficiency gains, when the same issue was already decided against the Revenue in prior… Read More »

Penalty to be levied only when it is proved that income was concealed or inaccurate particular was furnished: HC Income-tax Act

By | April 3, 2020
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Penalty to be levied only when it is proved that income was concealed or inaccurate particular was furnished: HC HIGH COURT OF ALLAHABAD Principal Commissioner of Income-tax, Central Kanpur v. Dinesh Chandra Jain BHARATI SAPRU AND ROHIT RANJAN AGARWAL, JJ. IT APPEAL NOS. 276, 277 OF 2015 IT APPEAL DEFECTIVE NOS. 197, 198, 199 & 200 OF… Read More »