Charitable trust income application permits verified capital expenditure but rejects deferred pre-operative claims and requires reconsideration of con...
Reinsurance premium deductions require established regulatory breaches, while independently acquired software qualifies within the computer depreciati...
Rectification of mistake remains limited to self-evident record errors, preventing merits review through miscellaneous applications and preserving fin...
Tender creditworthiness conditions may extend to de facto Promoter Directors, with post-participation challenges generally barred absent arbitrariness...
Corporate representation in PMLA summons proceedings permitted through an authorised signatory, subject to directors' continuing cooperation and atten...
Transfer of jurisdiction from Faridabad to Delhi was held invalid because the assessee was not given a reasonable opportunity of being heard before the transfer order was made. Notices under section 143(2) issued by Delhi officers were therefore treated as without valid jurisdiction and ineffective for the assessment year concerned. After the transfer order was cancelled, jurisdiction reverted to the original Assessing Officer at Faridabad, but that officer also completed the assessment without first issuing a valid section 143(2) notice. The assessment was consequently quashed for a foundational jurisdictional defect, and the merits were left undecided.
Transfer of jurisdiction from Faridabad to Delhi was held invalid because the assessee was not given a reasonable opportunity of being heard before the transfer order was made. Notices under section 143(2) issued by Delhi officers were therefore treated as without valid jurisdiction and ineffective for the assessment year concerned. After the transfer order was cancelled, jurisdiction reverted to the original Assessing Officer at Faridabad, but that officer also completed the assessment without first issuing a valid section 143(2) notice. The assessment was consequently quashed for a foundational jurisdictional defect, and the merits were left undecided.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4805
Join Channel
TaxTMI 
