Supreme Court slaps Rs 2 lakh fine on IT Department for defying its own circulars, holding Revenue acted in blatant disregard to binding statutory instructions and fairness.
The Supreme Court Today (Dec 2) set aside an Income Tax Department notice towards reassessment proceedings initiated against spiritual organisation Radha Soami Satsang Beas. The order was passed by a Bench of Justices JB Pardiwla and R Mahadevan on an appeal filed by the organisation against a Punjab & Haryana High Court order denying relief.
Today (27th March): The Delhi High Court dismissed four new petitions by the Indian National Congress challenging Income Tax reassessment procedures. This follows earlier dismissals concerning different assessment years. The Court noted substantial evidence for further scrutiny of the party’s income. The Congress has faced multiple legal setbacks in tax-related proceedings.
Today(on 19th March),The Indian National Congress has filed a case against the Income Tax reassessment in Delhi High Court. The court, led by Acting Chief Justice Manmohan, has agreed to expedite the hearing, emphasizing the case’s significance. This comes after the Income Tax Appellate Tribunal’s decision against Congress. The court scheduled the hearing for March 20th.
The Income Tax Appellate Tribunal (ITAT) today (on February 8) has dismissed a plea by the Indian National Congress (INC) seeking a stay on the Income Tax Department’s actions regarding their bank accounts. This decision comes amidst a contentious legal battle between the Congress party and the IT Department over tax claims for the assessment […]