Assessment u/s 143(3) r.w.s. 144B - Prescribed procedure not ...

High Court Orders Reassessment Due to Procedural Lapses in Tax Evaluation u/ss 143(3) & 144B of Income Tax Act.

January 15, 2022

Case Laws Income Tax HC

Assessment u/s 143(3) r.w.s. 144B - Prescribed procedure not followed - The relevant aspects as pointed out by the assessee cannot be said to have been looked into from a proper perspective. We don’t find any discussion in the impugned assessment order. This is the reason why we are saying that the procedure as contemplated under Section 144B cannot be said to have been duly followed in the case on hand. - Matter restored back - HC

View Source

← Previous Next →

Assessment u/s 143(3) r.w.s. 144B - Prescribed procedure not ...

High Court Orders Reassessment Due to Procedural Lapses in Tax Evaluation u/ss 143(3) & 144B of Income Tax Act.

January 15, 2022

Case Laws Income Tax HC

You may also like:

Validity of order passed u/ss 154/147/143(3) - Disallowance of prior period expenses - Relevant previous year being first year of assessee's business, no prior period...

Reopening of assessment u/s 147 - Earlier, ITAT remanded the matter back requesting the AO to provide reasons for initiating reassessment proceedings. - AO must have...

Validity of the assessment order passed u/s 147 r.w.s. 143(3) - post search assessment - in the case on hand the pending reassessment proceedings u/s 147 got abated by...

Validity of Assessment order framed u/s 143(3) r.w.s. 144B - opportunity to respond to the show-cause notice was not made available to the assessee - - the order passed...

Validity of assessment order passed u/s 153C/143(3) against Settlement Commission order - The Tribunal found the reassessment to infringe upon the principles laid out by...

HC upheld the assessment order made under section 143(3) read with section 144B. The assessee's contention regarding violation of Faceless Assessment Scheme due to...

Loss reduced due to adj. u/s 143(1) – demand of tax is sustainable

The HC held that the Jurisdictional Assessment Officer (JAO) has exclusive jurisdiction to issue notice u/s 148 of the Income Tax Act. For assessment, re-assessment or...

Assessment u/s 143(3) r.w.s. 147 - The annulment of assessment done under section 143(3) by the higher judicial authorities, itself, cannot be a ground for reopening - AT

Section 143(2) is a mandatory requirement, and failure to comply with it renders the reassessment proceedings invalid. The High Court has consistently held that Section...

The Income Tax Appellate Tribunal held that the reopening of assessment and addition made u/s 68 of the Income Tax Act in the case of the assessee was unjustified and...

Validity of reopening of assessment - assessment proceeding u/s 143(3) r.w.s. 153C of the Act was completed - When assessment is completed u/s 143(3) or u/s 144 of the...

Scrutiny assessment u/s 143(3) - issuance of the statutory notice u/s 143(2) - Change in address - The assessee submitted that he changed his address and the new address...

Validity of assessment u/s. 143(3) by change in incumbent but without issuance of order u/s. 127 - Violation of mandatory procedural provision - Assumption of...

Revision u/s 263 - Validity of order passed by the A.O. u/s.143(3) questioned - when the impugned order of reassessment u/s 143(3), in itself had been passed on the...

Quick Updates: