Thursday, August 23, 2018

SC granted against HC ruling that CIT couldn't cancel Sec. 12AA registration prior to amendment done by FA 2010

IT : Where at time of initiation of proceedings for cancellation of registration of assessee-foundation in year 2008, Commissioner did not have such a power in terms of sub-section (3) of section 12AA, impugned order passed by him cancelling registration was to be set aside; SLP granted

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

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...