Assessing Officer

ITAT Held AO Cannot Examine Issues in Scrutiny Assessment Except for those Selected for Limited Scrutiny as per the CBDT Circular 2 min read

• Income Tax News and Analysis

ITAT Held AO Cannot Examine Issues in Scrutiny Assessment Except for those Selected for Limited Scrutiny as per the CBDT Circular

Aishani Pande 2 years ago

Recently, the Income Tax Appellate Tribunal (ITAT) has asserted that the Assessing Officer (AO) cannot travel for any reason except for the selection of scrutiny... Read More

What to do if you are summoned by the Assessing Officer in the Income Tax Department for a reassessment? 3 min read

• Income Tax

What to do if you are summoned by the Assessing Officer in the Income Tax Department for a reassessment?

Rebecca Ghomes 7 years ago

You may fall into a situation after filing your returns, where you are summoned by the Assessing Officer in the Income Tax Department for a... Read More

Finance Bill: Empowering tax officials for curbing black money 2 min read

• Income Tax

Finance Bill: Empowering tax officials for curbing black money

Sourav 8 years ago

The countdown has begun. From the 1st of April, 2017 the Central Govt.’s steps for curbing black money is going to be more and more... Read More

What if the Assessing Officer erred assuming jurisdiction under Section 153A of Income Tax Act? 5 min read

• Income Tax

What if the Assessing Officer erred assuming jurisdiction under Section 153A of Income Tax Act?

Rebecca Ghomes 8 years ago

Following a series of proceedings and subsequent discussions, the Honorable ITAT declared the assessment order passed u/s 143(3) r.w.s 153A of the Income Tax Act... Read More