Friday, June 7, 2019

Notice issued to give effect to directions issued by CIT in revisional order is bound by limitation u/s. 153(3)

IT: Where Commissioner passed a revisional order giving certain directions to Assessing Officer to modify assessment in a particular way, impugned notice issued after expiry of eight years to carry out such directions was barred by limitation under section 153(3) on account of unreasonable delay

from www.taxmann.com Latest Case Laws http://bit.ly/2QYDKqw

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...