Friday, August 24, 2018

Notice issued on initiation of penalty proceedings without mentioning grounds was unsustainable

IT: Notice under section 274 should specifically state grounds and mere notice sent in a printed form without mentioning grounds would not satisfy requirement of law

from www.taxmann.com Latest Case Laws https://ift.tt/2P1Cxwa

No comments:

Post a Comment

AO can’t disallow cost of improvement merely relying on enquiries made with assessee’s neighbour: ITAT

INCOME TAX : Where assessee had purchased a flat and incurred expenditure of Rs. 23 lakhs for purpose of renovating house and Assessing Offi...