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.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
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.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
