CharteredUniverse — AI workspace for chartered accountants
LoginSign Up
Back to Articles
Tax & ComplianceTaxGuru

ITAT Panaji Quashes Penny-Stock Reassessment for Borrowed Satisfaction

8 Aug 2026 · 8 Aug 2026By CA Vijayakumar Shetty

ITAT Panaji quashes section 147 reassessment, finding no independent AO application of mind or link between investigation information and assessee’s facts. The post ITAT Panaji Quashes Penny-Stock Reassessment for Borrowed Satisfaction appeared first on TaxGuru .

This article was aggregated from TaxGuru. Continue reading for the complete story.

Read on TaxGuru

More Articles

General

Piyush Goyal Urges People To Promote Swadeshi Products At Bharatiya Mahotsav

Piyush Goyal Urges People To Promote Swadeshi Products At Bharatiya Mahotsav

Business Today

General

Gautam Adani Recalls Arriving In Mumbai At 16, Says The First Step Is Often Hardest

Gautam Adani Recalls Arriving In Mumbai At 16, Says The First Step Is Often Hardest

Business Today

General

Kaynes Tech share price: Jefferies, JPMorgan, Investec, CLSA - Highest & lowest targets

For Nuvama, Kaynes Tech’s Q1 print was a mixed bag. It noted that Kaynes' profit fell 24 per cent YoY, which was 7 per cent below its estimate, led by lower other income and higher tax rate.

Business Today

General

undefined

undefined

Business Today