News Muncher - searching for reassessment

4 days, 8 hours ago

There Cannot Be 'Disconnect' Between Reasons For Initiating Reassessment U/S 147 Of IT Act & Grounds On Which Final Order Is Passed: Delhi HC

Live Law

The Delhi High Court has held that only 'original reasons' which formed the basis for initiating reassessment proceedings under Section 147 of the Income Tax Act can be taken into consideration by the Assessing Officer, for coming to the conclusion that income had escaped assessment. A division bench of Justice Yashwant Varma Hon'ble Mr. Justice Dharmesh Sharma observed that there …

Reassessment Assessment Income Department Reasons Petitioner Reassessment Proceedings

6 days, 15 hours ago

SC's Judgement In Abhisar Buildwell Case Doesn't Permit Reopening Of Assessments Beyond Limitation Period U/S 149(1) Of IT Act: Delhi HC

Live Law

The Delhi High Court has reiterated that the Supreme Court's judgment in Abhisar Buildwell does not permit reopening of assessments under Section 147/148 of the Income Tax Act, 1961 beyond the period stipulated under Section 149. It relied on Principal Commissioner of Income Tax, Central-3 v. Abhisar Buildwell Private Limited to contend that in cases where the proceedings under Section …

Delhi Tax Court Reassessment Assessment Income Tax Income

1 week ago

Shakib Al Hasan given bowling ban in international cricket after ECB call

India Today

Bangladesh allrounder Shakib Al Hasan has been suspended from bowling in all domestic and international competitions governed by ICC-approved national cricket federations, the Bangladesh Cricket Board announced on Sunday, December 15. "The Bangladesh Cricket Board has been informed that national team allrounder Shakib Al Hasan has been suspended from bowling in competitions under the jurisdiction of the England and Wales …

Bowling Bangladesh International Cricket Test Domestic Ban Icc

ECB suspends Bangladesh's Shakib Al Hasan for 'illegal bowling'

The Hindu

Bangladesh's veteran all-rounder Shakib Al Hasan has been suspended from bowling in all competitions organised by the England and Wales Cricket Board for exceeding the maximum permitted elbow extension of 15 degrees. "Shakib completed an independent assessment at Loughborough University earlier this month, which found that the elbow extension in his bowling action exceeded the 15-degree threshold as defined in …

Bangladesh Ecb Illegal Bowling Extension Shakib

Cricket-ECB suspends Bangladesh's Shakib for 'illegal bowling'

Hindustan Times

Dec 13 - Bangladesh's veteran all-rounder Shakib Al Hasan has been suspended from bowling in all competitions organised by the England and Wales Cricket Board for exceeding the maximum permitted elbow extension of 15 degrees. Cricket-ECB suspends Bangladesh's Shakib for 'illegal bowling' The 37-year-old's action was scrutinized by on-field umpires in his one-off appearance for Surrey in September - his …

Bangladesh Shakib Ecb Illegal Bowling

1 week, 5 days ago

Bangladesh: Yunus has become a puppet in Jamaat’s hand

Firstpost

Jamaat’s growing control over the state machinery appears evident in the Muhammad Yunus administration’s leniency toward extremist factions while silencing minority voices Recent developments in Bangladesh highlight the alarming resurgence of Jamaat-e-Islami’s influence under the interim government led by Muhammad Yunus. Jamaat’s growing control over state mechanisms appears evident in the Yunus administration’s leniency toward extremist factions while silencing minority …

Human Rights International Political Rights Islamist Bangladesh Democratic

2 weeks, 1 day ago

Ombudsman calls for reassessment of protest rights in the Netherlands

NL Times

Dutch National Ombudsman Reinier van Zutphen is launching a new investigation into the state of protest rights in the Netherlands, citing growing concerns over the restrictions placed on demonstrations. Van Zutphen questioned the severity of such actions, calling it “borderline” and expressing concerns over the broader impact on the right to protest. Seven years ago, Van Zutphen’s earlier report concluded …

Netherlands Rights Protests Ombudsman Protest Right Van Zutphen

2 weeks, 2 days ago

Killing of CEO in New York highlights anger and danger for US health insurers

ABC

As he walked a footpath in central Manhattan just before the sun rose over New York, Brian Thompson suddenly fell victim to a deadly ambush. Columbia University professor Anthony Zenkus, in an X post that's been liked more than 100,000 times, wrote: "Today, we mourn the death of United Healthcare CEO Brian Thompson, gunned down … wait, I'm sorry — …

Health Healthcare Insurance Minnesota Claims Company New York

2 weeks, 3 days ago

After bid on Sukhbir’s life, Punjab Police tighten security of Akali leaders

Hindustan Times

In wake of the assassination bid on former deputy chief minister and Shiromani Akali Dal leader Sukhbir Singh Badal, Punjab Police has tightened the security of all leaders who have been awarded tankhah by the Akal Takht. According to top functionaries of the Punjab Police, Akali leaders, including SAD working president Balwinder Bhunder, Daljeet Singh Cheema, Sucha Singh Langah, Maheshinder …

Security Leaders Singh Leader Sad Punjab Police Sukhbir

3 weeks ago

AO Cannot Assess 'Other Incomes' If No Addition Is Made On Account Of 'Reasons' For Which Reassessment U/S 147 Of IT Act Was Initiated: Delhi HC

Live Law

The Delhi High Court has made it clear that an Assessing Officer cannot assess other incomes of an Assessee in a case where no addition is made on account of the “reasons” for which reassessment under Section 147 of the Income Tax Act, 1961 was initiated. Section 147 empowers the AO to assess or reassess income and also any other …

Reassessment Assessment Income Act Reasons Assess Assessee

Proper Officer Must Provide 'Reason To Doubt' Value Of Goods Declared By Importer Before Initiating Reassessment U/S 17 Customs Act: Delhi HC

Live Law

The Delhi High Court has held that the proper officer under the Customs Act, 1962 must provide “reasons to doubt” the declared value of imported goods, before proceeding with reassessment under Section 17. The High Court said that it is manifest from Section 17 that before the proper officer commences the process of reassessment, it must come to form an …

Opinion Customs Reassessment Officer Reason Imported Goods Doubt

3 weeks, 2 days ago

Customs Act | Importer Accepting Enhanced Valuation Of Goods For Expeditious Clearance Not 'Waiver' Of Right To Contest Re-Assessment: Delhi HC

Live Law

The Delhi High Court has held that where enhancement of valuation of goods by the proper officer for the purpose of determining Customs duty is accepted by the importer under protest, for expeditious clearance, it cannot be said that the importer has waived its right to question the reassessment. The right to question the correctness of the decision of the …

High Court Court Customs Reassessment Order Right Officer

3 weeks, 2 days ago

Rainforest Cafe: Why Gen Z is flocking to a restaurant most of them never grew up with.

Slate

Upon entering the Rainforest Cafe, I was greeted by a talking tree that rattled off a slew of plant-related factoids. For example, early this year, an April Fools’ Day tweet from the Empire State Building’s official account teased an exciting dining opportunity: New York City’s most iconic building would now be home to the “world’s highest” Rainforest Cafe. Given the …

Empire Restaurant Building State Cafe Rainforest Empire State Building

1 month ago

DU to offer re-evaluation for law students, expand to other courses

India Today

Delhi University will introduce a re-evaluation option for its law students, allowing them to apply for reassessment of their answersheets-a facility previously unavailable. "This change will ensure that students in professional courses also have the option to seek re-evaluation if they feel their answers were not properly assessed," a DU official was quoted as saying by news agency PTI. "This …

Students Law Students Pti Courses

1 month ago

The taxman knows about your foreign assets and is giving you a chance to revise ITR

Live Mint

The Income Tax department is taking a lenient approach this year to address the non-disclosure of foreign assets in income tax returns filed in the current assessment year. “This looks like a new initiative from the tax department, wherein instead of directly sending summons of investigation under section 131 of the Income Tax Act, it is giving taxpayers a chance …

Investigation Tax Assets Income Department Foreign Act

1 month ago

Time to reset the Indo-Pacific Oceans Initiative

Hindustan Times

Launched in 2019 at the ASEAN-led East Asia Summit in Bangkok, the Indo-Pacific Oceans Initiative appeared to hold promise as India’s guiding framework to strengthen its role and enhance cooperation in the Indo-Pacific region. The IPOI, envisaged as a critical vista for enhancing cooperation and collaboration among like-minded partners in the Indo-Pacific, was framed on seven key pillars: maritime ecology; …

India Delhi Maritime Cooperation New Delhi Partners Framework

1 month, 1 week ago

Initiation Of Prosecution U/S 51 Of Black Money Act Not Dependent On Completion Of Assessment Proceedings U/S 10 For Tax Evasion: Delhi HC

Live Law

The Delhi High Court has held that initiation of prosecution under Section 51 of the Black Money Act, 2015 is not dependent on completion of assessment proceedings initiated against an accused under Section 10 to determine tax evasion. It is relevant to note that the assessment under the Black Money Act is being made under Section 10, which falls in …

India Tax Court Tax Evasion Prosecution Assessment Black Money

1 month, 1 week ago

Who is Mike Waltz, Donald Trump's new NSA pick? What are his ties to India Caucus?

Firstpost

President-elect Donald Trump has chosen Mike Waltz to be his National Security Adviser. While slamming the Biden administration for a disastrous withdrawal from Afghanistan in 2021, Waltz has publicly praised Trump’s foreign policy views. “Disruptors are often not nice … frankly our national security establishment and certainly a lot of people that are dug into bad old habits in the …

India China Military Florida Ukraine Congress Trump

Trump nomination of Stefanik to UN resurfaces ‘ultra MAGA’ transformation

Raw Story

U.S. Rep. Elise Stefanik has accepted Donald Trump’s nomination to serve as U.S. In 2021, Mother Jones reported that Stefanik had said Trump was soft on Russian President Vladimir Putin, and noted that her replacing Cheney "marks the triumph of Trump-uber-alles fealty within GOP circles. Before that, Stefanik had made decisively anti-Trump statements, like, “Russia meddled in our electoral process,” …

Russia Trump Republican Donald Trump House Republicans Cheney

1 month, 1 week ago

Telangana HC Directs Reassessment of Compensation in SCCL Land Case

Deccan Chronicle

Hyderabad: Justice T. Vinod Kumar of the Telangana High Court directed local authorities to reconsider compensation for petitioners in a land acquisition case involving Singareni Collieries Company Limited. Since the respondents agreed to pay the amount, the writ plea was allowed in August 2021 directing the respondents to pay the amount payable to the petitioner with 18 per cent interest …

High Court Compensation Court Writ Case Respondent Cent

1 month, 2 weeks ago

AP Revenue Department Seizes 15 Acres Allocated to Sharada Peetham

Deccan Chronicle

Visakhapatnam: The revenue department has reclaimed 15 acres of high-value land at Rishikonda, near Kothavalasa in Bheemili mandal, which had been previously allocated by the former YSRC government to the Visakha Sharada Peetham. The land, initially granted at a nominal rate of Rs.1 lakh per acre, was later found to hold a market value of approximately Rs.15 crore per acre, …

Land Revenue

1 month, 2 weeks ago

New start or old patterns for the two largest economies?

China Daily

According to US media, the American people have elected Donald Trump as the 47th president of the United States, a momentous event that is significant for not only Americans but also the entire world. Much of the tension between the two major powers stems from a perception in Washington that China's rise poses a direct threat to the US' prosperity …

Global China World Future Rise

New start or old patterns for the two largest economies?

China Daily

MA XUEJING/CHINA DAILY According to US media, the American people have elected Donald Trump as the 47th president of the United States, a momentous event that is significant for not only Americans but also the entire world. Much of the tension between the two major powers stems from a perception in Washington that China's rise poses a direct threat to …

Global China World Future Rise

New start or old patterns for the two largest economies?

China Daily

MA XUEJING/CHINA DAILY According to US media, the American people have elected Donald Trump as the 47th president of the United States, a momentous event that is significant for not only Americans but also the entire world. Much of the tension between the two major powers stems from a perception in Washington that China's rise poses a direct threat to …

Global China World Future Rise

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Search results for reassessment

There Cannot Be 'Disconnect' Between Reasons For Initiating Reassessment U/S 147 Of IT Act & Grounds On Which Final Order Is Passed: Delhi HC

SC's Judgement In Abhisar Buildwell Case Doesn't Permit Reopening Of Assessments Beyond Limitation Period U/S 149(1) Of IT Act: Delhi HC

Shakib Al Hasan given bowling ban in international cricket after ECB call

ECB suspends Bangladesh's Shakib Al Hasan for 'illegal bowling'

Cricket-ECB suspends Bangladesh's Shakib for 'illegal bowling'

Bangladesh: Yunus has become a puppet in Jamaat’s hand

Ombudsman calls for reassessment of protest rights in the Netherlands

Killing of CEO in New York highlights anger and danger for US health insurers

After bid on Sukhbir’s life, Punjab Police tighten security of Akali leaders

AO Cannot Assess 'Other Incomes' If No Addition Is Made On Account Of 'Reasons' For Which Reassessment U/S 147 Of IT Act Was Initiated: Delhi HC

Proper Officer Must Provide 'Reason To Doubt' Value Of Goods Declared By Importer Before Initiating Reassessment U/S 17 Customs Act: Delhi HC

Customs Act | Importer Accepting Enhanced Valuation Of Goods For Expeditious Clearance Not 'Waiver' Of Right To Contest Re-Assessment: Delhi HC

Rainforest Cafe: Why Gen Z is flocking to a restaurant most of them never grew up with.

DU to offer re-evaluation for law students, expand to other courses

The taxman knows about your foreign assets and is giving you a chance to revise ITR

Time to reset the Indo-Pacific Oceans Initiative

Initiation Of Prosecution U/S 51 Of Black Money Act Not Dependent On Completion Of Assessment Proceedings U/S 10 For Tax Evasion: Delhi HC

Who is Mike Waltz, Donald Trump's new NSA pick? What are his ties to India Caucus?

Trump nomination of Stefanik to UN resurfaces ‘ultra MAGA’ transformation

Telangana HC Directs Reassessment of Compensation in SCCL Land Case

AP Revenue Department Seizes 15 Acres Allocated to Sharada Peetham

New start or old patterns for the two largest economies?

New start or old patterns for the two largest economies?

New start or old patterns for the two largest economies?