Thursday, September 2, 2021

Delhi HC directed CBI to investigate matter as revenue denied of sending mail which was received by assessee

INCOME TAX : Where assessment order was passed by revenue after assessee had sought adjournment in matter which was granted by an e-mail received from revenue department, however, revenue submitted that no such e-mail had originated from its office and assessee had prima facie committed penal offences by forging documents, CBI was to be directed to enquire as to whether e-mail had been issued to assessee or not, and if so, by whom

from www.taxmann.com Latest Case Laws https://ift.tt/3mZzl8D

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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...