Tag Archives: Madras High Court

Madras H.C : The assessment was reopened by issuance of a notice under Section 148

High Court Of Madras A. Sridevi vs. Income Tax Officer Section 143(1), 147, 148 Asst.....Read More

Madras H.C : There was a dissolution of the firm as on 31st March 2002 and consequently there was liability to capital gains tax for the Assessment Year 2002-03

High Court Of Madras G.H. Reddy & Associates vs. Assistant Commissioner Of Income Tax Section....Read More

Madras H.C : Whether the Appellate Tribunal is correct in law in sustaining the assumption of jurisdiction by the CIT under Section 263 of the Income Tax Act, 1961 for revising the re-assessment framed by the respondent in accepting the claim of exemption/deduction under Section 54F of the Act in the computation of long term capital gains even though there was apparent jurisdictional error in the attempt to review the order of assessment framed to bring to tax the escaped income within the scope of Section 147 of the Act?

High Court Of Madras Renuka Philip vs. ITO Section 263 Asst. Year 2005-06 T.S. Sivagnanam....Read More

Madras H.C : The reopening of assessment u/s.147 beyond four years is valid when there is no failure on the part of the assessee to disclose fully and truly all the material facts

High Court Of Madras Tractors And Farm Equipment Limited vs. Assistant Commissioner Of Income Tax....Read More

Madras H.C : The loss incurred from the transactions relating to the mutual fund units as a ‘capital loss’ based on the treatment given in the books of account as against the claim of ‘revenue loss’ even tough nomenclature in the books of account would not be decisive factor/test to ascertain the intention of the assessee

High Court Of Madras Calibre Financial Services Limited vs. ITO Section 143(3) Asst. Year 2001-02....Read More

Madras H.C : Exchange fluctuation, provision written back, should be treated as income derived out of business for computation of deduction under Section 80HHC, esp cially when these were not treated as part of the total turnover

High Court Of Madras CIT vs. TTK Lig Ltd. T.S. Sivagnanam & V.Bhavani Subbaroyan, JJ.....Read More

Madras H.C : the notice issued by the respondent dated 30.3.2016 under Section 148 of the Income Tax Act, 1961

High Court Of Madras Sun Direct Tv Pvt Ltd. vs. Assistant Commissioner Of Income Tax....Read More

Madras H.C : The petitioner is aggrieved against the proceedings of the respondent dated 13.02.2017 in rejecting the objections filed by the petitioner against the reopening of the assessment under Section 148

High Court Of Madras MBI Kits International vs. ITO Section 148 Asst. Year 2010-11 K.....Read More

Madras H.C : The case was reopened by issuing a notice dated 21.02.2011 under Section 148

High Court Of Madras A. Sridevi vs. ITO Section : 148 Asst. Year : 2009-10....Read More

Madras H.C : The assessee under Section 264 with further direction to the Assessing Officer to treat the lands in question as non-agricultural in nature as capital assets, in the hands of the assessee, exigible to capital gain tax.

High Court Of Madras Pallavarajha vs. Principal Commissioner Of Income-Tax And Anr. Section 2(14), 147,....Read More