Jurisdictional Error

Income Tax

Income Tax Addition of Rs 1.34 Crore Based on Search Material Quashed; ITAT Says Department Applied Wrong Section | Biz Flow Kit
Byadmin June 19, 2026

Income Tax Addition of Rs 1.34 Crore Based on Search Material Quashed; ITAT Says Department Applied Wrong Section The ITAT Mumbai has allowed the appeals of Nanne Gulzar & Company for AYs 2017-18 and 2018-19 after holding that the reassessment proceedings initiated under Sections 147/148 were without jurisdiction, as the entire case was based on material…

Read More Income Tax Addition of Rs 1.34 Crore Based on Search Material Quashed; ITAT Says Department Applied Wrong Section | Biz Flow Kit
Income Tax

High Court Quashes Tax Order; Assessment on Non-Existent Entity Invalid | Biz Flow Kit
Byadmin March 18, 2026

High Court Quashes Tax Order; Assessment on Non-Existent Entity Invalid The Revenue Department recently challenged a ruling by the Income Tax Appellate Tribunal (ITAT) which had nullified an assessment aimed at Boeing India Private Limited. The core of the dispute was a significant oversight: tax authorities finalized assessment proceedings against a company that had legally…

Read More High Court Quashes Tax Order; Assessment on Non-Existent Entity Invalid | Biz Flow Kit