Tuesday, December 10, 2019

Adjudication & criminal proceedings are two independent proceedings; both can be taken up simultaneously

INCOME TAX: When raid was conducted and criminal proceedings was initiated in first instance and thereafter returns was filed for assessment year; criminal proceedings initiated for offences punishable under section 276(1) or section 277, without concluding adjudicatory proceedings under Income-tax Act, would not vitiate entire proceedings

from www.taxmann.com Latest Case Laws https://ift.tt/2P4Qb4B
-
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

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...