Tuesday | 23 Sep 2014
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CBDT seeks inputs from officials on its instructions containing allocation of work amongst CIT(Judicial)

23-09-2014

IT : Section 268 of the Income-Tax Act, 1961 - Allocation of Work Amongst CIT (Judicial) and their Jurisdiction – Committee to Review the CBDT Instruction...

No further addition to be made in survey proceedings if addition was already made in original assessment

23-09-2014

IT: Where gross receipt of assessee was enhanced in original assessment proceedings, no further addition to be made on basis of survey proceedings

HC directed revenue to lift attachment of bank accounts as ITAT had already granted stay against tax demand

23-09-2014

IT : Where despite stay granted by Tribunal revenue attached and took away proceeds of assessee's bank account, revenue was directed to lift attachment

CBDT reconstitutes DRP panel at Kolkata

23-09-2014

IT/ILT : Section 144C of the Income-Tax Act, 1961 – Dispute Resolution Panel (DRP) – Reference To – Reconstitution of DRP at Kolkata

No reassessment on basis of audit report as it couldn’t be regarded as info indicating escaped income

23-09-2014

IT: Audit report could not be regarded as 'information' for purpose of reopening an assessment; hence reassessment proceedings initiated on basis of such...

Order of DRP without considering objections of assessee is a 'non-speaking' order; set aside by ITAT

23-09-2014

IT/ILT: Where order passed by DRP was a laconic non-speaking order as it had not given any reason for disposal of assessee's objections and had also not...

 
 
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