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Week No.
18
Week Duration
Sun, 03/05/2026 - 12:00 - Sat, 09/05/2026 - 12:00
Rulings
HC: Quashes Sec. 143(2)/142(1) notice issued to Reliance as barred by limitation & issued in name of non-existing company
HC: Quashes criminal proceedings for lack of jurisdiction & absence of penalty u/s 271(f); Relies on K.C. Builder ruling
HC: Reassessment invalid basis change of opinion on issue accepted during original assessment u/s 143(3)
ITAT: Denies Sec. 54 exemption due to investment in ‘plinth’ instead of ‘residential property’ & failure to deposit unutilized gains in capital gains account
ITAT: Deletes Sec. 69 addition for unexplained investment, FMV & stamp duty difference below 10%
ITAT: ITAT: Penalty proceedings u/s 270A ‘invalid’ sans recording of satisfaction in assessment order
Rate:

2026-18

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