Fair-rent assessment requires consideration of lease terms, valuation principles and prevailing market rent; the certificate was quashed for fresh rev...
Document Identification Number compliance is satisfied when electronically communicated orders are promptly authenticated through a correctly identifi...
Industrial shrimp-feed machinery classification follows its commercial function, placing integrated production plants under the specific industrial fo...
Limitation for assessment under the amended timeline was upheld: the substituted second proviso to section 153(1) extended the time for passing the assessment order for AY 2020-21 to 30.09.2022, so an order dated 28.09.2022 was within time. In faceless assessment, service of a draft assessment order was held necessary only for an eligible assessee; for an ordinary assessee, disclosure through a show-cause notice satisfied the statute. The objection of denial of personal hearing failed because the notice permitted a video-conference hearing and no request was made. Merits-based objections involving disputed facts were left to the statutory appellate forum, and the writ petitions were dismissed with protection on limitation for appeals.
Limitation for assessment under the amended timeline was upheld: the substituted second proviso to section 153(1) extended the time for passing the assessment order for AY 2020-21 to 30.09.2022, so an order dated 28.09.2022 was within time. In faceless assessment, service of a draft assessment order was held necessary only for an eligible assessee; for an ordinary assessee, disclosure through a show-cause notice satisfied the statute. The objection of denial of personal hearing failed because the notice permitted a video-conference hearing and no request was made. Merits-based objections involving disputed facts were left to the statutory appellate forum, and the writ petitions were dismissed with protection on limitation for appeals.
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