Skip to content
June 10, 2026 info@indiataxclub.com
  • Facebook
  • instagram
  • twitter
  • linkedin
India Tax Club

India Tax Club

Taxation News and Laws

Primary Menu
  • Home
  • Income Tax
  • GST
  • Business Registration
  • Calculators
    • Mortgage and Loan Calculator
    • Income Tax Calculator
    • FD Calculator
  • Useful Links
  • ITR Filing
  • Free Listing
  • Income Tax

ITAT Kolkata Quashed Reassessment for Borrowed Satisfaction in Share Capital Case

SEO Expert January 16, 2026

The Tribunal held that reopening based solely on third-party information without independent application of mind is invalid. Income escaping assessment must be based on the Assessing Officer’s own reason to believe.

The post ITAT Kolkata Quashed Reassessment for Borrowed Satisfaction in Share Capital Case appeared first on TaxGuru.

Continue Reading

Previous: ITAT Mumbai Allowed Telescoping of Estimated Commission Based on Earlier Years
Next: 80P Deduction Denied as Bank FD Interest Lacked Nexus with Credit Facilities: ITAT Chandigarh

Related Stories

Untitled design (13)
  • Income Tax

12 Tips for Save Income Tax

SEO Expert June 9, 2026
  • Income Tax

Parameters for compulsory selection of income-tax returns filed in FY 2025-26

SEO Expert June 9, 2026
  • Income Tax

No Section 271D Penalty if No Assessment Was Made & No Satisfaction Was Recorded: ITAT Delhi

SEO Expert June 9, 2026

Markets

Currency Converter

Gold Price

Recent Posts

The Power of Documentation in Audit
Featured Posts

The Power of Documentation in Audit

June 9, 2026
Auditing in the Digital Era: Assurance & Digital Trust
Featured Posts

Auditing in the Digital Era: Assurance & Digital Trust

June 9, 2026
Financial Fraud: A Growing Threat to Businesses and Individuals in India
Featured Posts

Financial Fraud: A Growing Threat to Businesses and Individuals in India

June 9, 2026
Internal Audit: A Powerful Tool for Risk Management and Compliance
Featured Posts

Internal Audit: A Powerful Tool for Risk Management and Compliance

June 9, 2026
The Power of Documentation in Audit
Featured Posts

The Power of Documentation in Audit

June 9, 2026
Got an Income Tax Notice or Facing Scrutiny? Budget 2026 Brings Relief & a Safety Net
Featured Posts

Got an Income Tax Notice or Facing Scrutiny? Budget 2026 Brings Relief & a Safety Net

June 9, 2026

Categories

  • Business Registration
  • Featured Posts
  • Finance
  • GST
  • Income Tax
  • Facebook
  • instagram
  • twitter
  • linkedin
All rights reserved.
Contact Us