Tax determination against deceased proprietor invalid where no notice to legal representative; appeal rejected without addressing jurisdictional defec...
Revocation of GST registration and permission to file blocked returns; conditional defreezing of bank accounts after security and instalment applicati...
Right to access seized electronic evidence: impugned adjudication treated as additional show cause notice, remand for fresh hearing and return of mate...
Revisability of return invalidation communications under tax procedure affirmed, impugned non revisional finding quashed and matter remitted for fresh...
Reassessment beyond three years under section 149(1)(b) was unavailable because the Assessing Officer did not possess material showing escapement of income represented in the form of an asset of fifty lakh rupees or more. The order under section 148A(d) was found non-speaking, as it failed to explain why the housing loan sanction letter, bank statements and other supporting documents were unacceptable; the property purchase was substantially explained by the loan, and any remaining unexplained amount stayed below the statutory threshold. The notice under section 148 was therefore barred by limitation, the reopening was treated as a roving and fishing enquiry, and the section 148A(d) order, notice under section 148, and consequential assessment under section 147 were quashed.
Reassessment beyond three years under section 149(1)(b) was unavailable because the Assessing Officer did not possess material showing escapement of income represented in the form of an asset of fifty lakh rupees or more. The order under section 148A(d) was found non-speaking, as it failed to explain why the housing loan sanction letter, bank statements and other supporting documents were unacceptable; the property purchase was substantially explained by the loan, and any remaining unexplained amount stayed below the statutory threshold. The notice under section 148 was therefore barred by limitation, the reopening was treated as a roving and fishing enquiry, and the section 148A(d) order, notice under section 148, and consequential assessment under section 147 were quashed.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
