Tuesday, December 4, 2018

ITAT found order passed within 60 days on abatement of settlement proceedings after 2 decades of litigation

IT: Where on admission of Settlement Application on 30-8-1996, admitted tax and interest was not paid and during pendency of proceedings, sections 245HA and 245D were amended providing abatement due to non-payment by 31-7-2007, constitutional validity of which was challenged and finally case was abated in 2016, assessment Order passed within 60 days was not time barred

from www.taxmann.com Latest Case Laws https://ift.tt/2QdyW3m

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