Register Price / Packages DEMO Option My Bookmarks Daily Newsletters Feedback/ Suggestions
Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


Case Laws Acts Notifications Circulars Classification Forms Manuals Articles News D. Forum Highlights Notes
TMI - e-Newsletter     TaxTMI    Computation of short term capital gain - allowable...     TaxTMI    Assessment order passed u/s 153A - valid approval...     TaxTMI    Denial of benefit u/s 115BAA - while filing its...     TaxTMI    Unexplained Cash Credit u/s 68 - Authenticity of...     TaxTMI    Cancellation of registration of petitioner - appeal...     TaxTMI    Interest and penalty liability - Petitioner...     TaxTMI    Denial of benefit u/s 115BAA of reduced rate of tax...     TaxTMI    Validity of reopening of assessment u/s 147 -...     TaxTMI    Penalty proceedings u/s 270A - under reporting of...     TaxTMI    Validity of assessment orders - The High court...     TaxTMI    Calculation of Tax Liability based on subsequent...     TaxTMI    Ex-parte order - Quantification of Liability -...     TaxTMI    Levy of penalty - the e-way bill had expired one...     TaxTMI    Validity of Service of notice u/s 74(5) instead of...     TaxTMI    Cancellation of GST Registration - Legal Validity...     TaxTMI    Latest Case-Laws     TaxTMI    Latest Notifications + Circulars     TaxTMI    GST Council Decisions     TaxTMI       Right Stop
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
Income Tax - Highlights / Catch Notes

Home Highlights September 2016 Year 2016 This

Reopening of assessment - accommodation entries - AO has not ...

Income Tax

September 6, 2016

Reopening of assessment - accommodation entries - AO has not applied his independent mind while recording the reasons in this case and, therefore, proceedings under section 147 of the Act initiated by way of issue of notice under section 148 of the Act are quashed - AT

View Source

 

← Previous Next →

 

You may also like:

  1. Reopening of assessment u/s 147 - non independent application of mind by AO - Scope of borrowed satisfaction - The Appellate Tribunal found that the reopening was solely...

  2. Reopening of assessment - based on Investigation Wing report - apparently wrong facts in reasons - No primary independent enquiry - non-application of mind - notice u/s...

  3. Reopening of assessment - mere information conveyed by DIT does not constitute to be a tangible material to re-assess the assessee company without any independent...

  4. Reopening of assessment u/s 147 - non independent application of mind by AO - Borrowed satisfaction - A.O. has reopened the assessment solely on the basis of information...

  5. Reopening of assessment u/s 147 - addition on account of unsecured loan from 3 parties - AO has reopened the assessment based upon wrong facts, wrong appreciation of...

  6. Addition u/s 68 - non independent application of mind - accommodation entries - share application money - Mere non production of Director of said share holder company...

  7. Reopening of assessment u/s 147 - As reopening of the assessment has been made on the basis of AIR information which is not based on correct facts and the AO has not...

  8. Reopening of assessment u/s 147 - reply to the audit objections - in fact AO applied his mind to the audit party objection and formed a clear opinion that there is no...

  9. Reopening of assessment u/s 147 - ALV estimation - We are unable to see application of mind by the AO of the materials available before him. The AO has not recorded any...

  10. Revision u/s 263 - Merely because that the AO did not discuss these details in the assessment order does not mean that he has not applied his mind.

 

Quick Updates:Latest Updates

What's New:
    Latest Case Laws
What's New:
    Latest Notifications
What's New:
    Latest Circulars
H: Levy of penalty u/s 271C - Period of limitation - Failure to deduct TD...
H: Validity of reopening of assessment u/s 147 - no notice u/s 143(2) of ...
H: Foreign Tax Credit u/s. 90 - Assessee did not file Form 67 at the time...
H: Revision u/s 263 - source of cash found in the course of search remain...
A: Supreme Court orders about alleged bogus capital gains on alleged penn...
A: Navigating the MSME Terrain: Insights from a Consultant's Perspect...
A: How to Decode the Form 16A Password for TDS on Non-Salary Income
A: SEZ units furnishing LUT are not required to pay GST on RCM for servic...
H: Addition u/s 69A r.w.s. 115BBE - assessee deposited cash during demone...
H: Estimation of income - Bogus purchases - Reliance on retracted stateme...
H: New scheme for Tax on income of individuals and Hindu undivided family...
H: Export of Goods - Mis-declaration of Mud additive chemicals for oil we...
H: Classification - Import of ‘Accordion springs’ - The Tribunal rejected...
H: Jurisdiction of the First Appellate Authority - amendment of shipping ...
H: Smuggling - Absolute confiscation of the twelve gold biscuits of forei...
H: Re-classification of Thorn - The Tribunal upheld the reclassification ...
H: Undervaluation - Imports of high-end foreign cars - The appellate trib...
H: Liquidation of the Corporate Debtor - SRA has not made the payments wi...
H: Appointment of the Appellant as the liquidator - The Tribunal found th...
A: FILING APPEAL BEFORE SUPREME COURT – LOW TAX EFFECT
F: Section 17(2) Rule 42
C: Relaxation in requirement of intimation of changes in the terms of Pri...
F: Sec 16(4) Reversal of ITC when 3B is filed belatedly
A: APPOINTMENT OF INDEPENDENT DIRECTOR OVER 75 YEARS OF AGE
A: RECENT DEVELOPMENTS IN GST
A: Section 115BBE is prospective held by the Supreme Court
A: A Guide for Types Of Leaves and Law policies for Employees in India
C: Corrigendum to Public Notice No.01/2024 dated 9th April, 2024 on modif...
F: sales Against 0.1% GST- if export not done within 90 Days
F: Composition scheme