The High Court dismissed the writ petition filed against the ...

Income Tax Assessment Order challenged; HC directs Taxpayer to exhaust statutory appeal remedy first.

December 7, 2024

Case Laws Income Tax HC

The High Court dismissed the writ petition filed against the Assessment Order, as the petitioner had already availed the statutory remedy of filing an appeal before the Commissioner of Income Tax (Appeals) [CIT(A)], which is presently pending. The Court held that the petitioner cannot approach the Court to evade payment of the statutory deposit required while preferring the appeal. The petitioner was granted liberty to file necessary applications before the CIT(A), raising all grounds to assail the Assessment Order. The CIT(A) was directed to hear and dispose of the pending appeal as per the provisions of law.

View Source

← Previous Next →

The High Court dismissed the writ petition filed against the ...

Income Tax Assessment Order challenged; HC directs Taxpayer to exhaust statutory appeal remedy first.

December 7, 2024

Case Laws Income Tax HC

You may also like:

UNION BUDGET 2012-13 - DIRECT TAX - INCOME TAX.

New Personal Income Tax Regime heralds significant relief, especially for Middle Class Taxpayers

Reopening of assessment - Validity of approval granted by the CIT - earlier Revision u/s 263 dropped - Notwithstanding this order passed by the Principal Commissioner of...

Tax authority rejected rectification application filed by taxpayer for zero-rated supply citing violation of principles of natural justice. Court examined impugned...

Taxable income to tax u/s 44BB v/s Section 44DA read with section 9(l)(vii) - The profit from this income was estimated at 25% and offered to tax at 40% plus applicable...

The Appellate Tribunal (ITAT) considered whether the Central Processing Centre (CPC) was justified in denying the benefit of the New Tax Regime to an individual taxpayer...

The summary highlights the key difference between the scope of total income under the Income Tax Act and the Black Money (Undisclosed Foreign Income and Assets) and...

The Income Tax Appellate Tribunal (ITAT) held that the assessee is entitled to the concessional tax rate of 10% on royalty income u/s 115BBF, as the assessee had...

Income assessed in hands of Appellant as Representative Assessee. No credit for prepaid taxes availed by beneficiaries. JCIT(A) directed AO to verify claim of prepaid...

Procedural lapses by third parties should not deprive taxpayers of TDS credit when they have acted in good faith and declared income. Section 205 bars direct tax...

The assessee had been following the mercantile system of accounting, wherein book profits are taken for tax assessment, though credit or debit amounts may not be...

The key points are: Undisclosed income declared under the Income Declaration Scheme (IDS) 2016 does not change its character or nature merely due to non-payment of tax...

Rejection of application made by the Petitioner for calling upon the Income Tax Department to provide a proper certificate / letter in support of the Income Tax records...

Proposed amendment enables recovery of existing liabilities under Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 from seized assets...

Validity of Retrospective cancellation of GST registration of the petitioner - It is important to note that, according to the respondent, one of the consequences for...

Quick Updates: