Income Tax Rules

The assessee filed its return for AY 2006-07 under the E‑Module scheme and the Assessing Officer issued a notice under section 143(2) of the Income Tax Act on 5 Oct 2007 to the address recorded in the PAN database. The assessee claimed that it had changed its registered address and that the notice was therefore not ser…

The Revenue sought to levy block assessments for AY 2004-05 to 2009-10 after conducting a search of M/s Spacewood Furnishers Pvt. Ltd. under Section 132 of the Income Tax Act. The High Court of Delhi set aside the warrant of authorization, holding that the satisfaction notes were inadequate and possibly manipulated, an…

Mis. Palam Gas Service, engaged in LPG cylinder business, received freight payments from Indian Oil and paid subcontractors but failed to deduct tax at source under Section 194C. The Assessing Officer disallowed the subcontractor payments as per Section 40(a)(ia) of the Income Tax Act, 1961. The appellant challenged th…