Wednesday, September 18, 2019

HC set-aside sale of property for recovery of tax dues which was attached 22 years ago

INCOME TAX: Where immovable properties of deceased assessee were attached in year 1997 for recovery of tax dues, sale proclamation of said properties made in February 2019, was hit by period of limitation prescribed under Rule 69B of Second Schedule and, thus, proclamation so made deserved to be quashed

from www.taxmann.com Latest Case Laws https://ift.tt/30nZ7og

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...