Modification of tax demand after insolvency adjudication: AO must conform demand to adjudicator's order and revise on appeal. If a notice of demand for tax or related sums is reduced by an insolvency adjudicating authority, the assessing officer must modify the demand to conform ... Summary
Modification of tax demand after insolvency adjudication: AO must conform demand to adjudicator's order and revise on appeal.
If a notice of demand for tax or related sums is reduced by an insolvency adjudicating authority, the assessing officer must modify the demand to conform with that order and serve a fresh notice of demand deemed a notice under the existing demand procedure; if that order is later modified on appeal, the assessing officer must revise the modified notice accordingly.
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