Tuesday, February 4, 2020

HC kept recovery proceedings in abeyance till disposal of appeal considering weak financial position of assessee

INCOME TAX: Where penalty was imposed on assessee-society under sections 271D and 271E, in view of weak financial position, appeal was directed to be passed within three months and till then recovery was kept in abeyance

from www.taxmann.com Latest Case Laws https://ift.tt/2v7mb0j
-
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...