The issue was whether reassessment proceedings could continue when sanction was granted by an incorrect authority. The Court ruled that lack of approval from the designated authority vitiated the ...
The Tribunal held that reassessment remains valid when the notice is issued while the company is still on the ROC records. Subsequent striking off does not nullify initiated ...
ITR reassessment: Filing income tax returns, a crucial financial task, poses complexity and error potential, possibly leading to an unsettling tax notice issuance by ...
Have you also received notice from the income tax department under Section 148? Know what you can do
For the assessment year 2018-19 or subsequent years, if your undisclosed income is more than Rs 50 lakh, you may receive a Section 148 notice from the Income Tax Department by August 31, 2024. If ...
Some income taxpayers have reportedly received notices under section 148, which is related to the reopening of assessments for the assessment years 2014-15, 2015-16, 2016-17 and 2017-18. A former ...
Under Section 148 of the Income Tax Act, 1961, a notice can be issued by the Assessing officer to reassess a taxpayer's income tax return (ITR) if he has reason to believe that any income chargeable ...
Finance Bill, 2026 updates income-tax return rules for reassessment under Section 148, adds a 10 percent levy and clarifies ...
In a decision that has far-reaching implications, the Supreme Court declared that notices served under Section 148 of the Income Tax Act, must be deemed to have been issued under 148A. The decision of ...
NRIs receive notice relating to past investments and issues concerning tax filing Add as a preferred source on Google NRI investments made in India over the past years, for which no income tax returns ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results