Wednesday, February 5, 2020

Order passed by Addl. CIT invalid if there was no order u/s 120 empowering him to act as AO

INCOME TAX : Additional Commissioner can function as an Assessing Officer only when jurisdiction has been assigned to him by virtue of directions or orders issued under section 120(4)(b); there being no directions or orders under section 120(4)(b), assessment order passed by Additional Commissioner was illegal and without jurisdiction

from www.taxmann.com Latest Case Laws https://ift.tt/3757tod

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...