Prior disposal of reopening objections is mandatory before scrutiny notice; premature scrutiny invalidates reassessment and consequential assessment o...
Pre-registration safeguards do not require a hearing or preliminary inquiry before corruption FIR registration where cognizable offences are disclosed...
Limited remand proceedings cannot reopen a stamp-duty valuation issue that earlier appellate directions did not keep open; the request for a valuation-officer reference therefore failed. Capital-gains exemption for transfer of agricultural land requires reliable proof that the land was used for agriculture by the assessee or a parent during the prescribed period; sale-deed description alone was insufficient, so the exemption was denied. Unsupported opening cash and banking entries without a direct nexus did not establish the source or genuineness of the investment. Likewise, creditor identity and bank receipt alone did not prove a refundable property advance where the agreement, cancellation and cash repayment were undocumented. The challenged additions were sustained.
Limited remand proceedings cannot reopen a stamp-duty valuation issue that earlier appellate directions did not keep open; the request for a valuation-officer reference therefore failed. Capital-gains exemption for transfer of agricultural land requires reliable proof that the land was used for agriculture by the assessee or a parent during the prescribed period; sale-deed description alone was insufficient, so the exemption was denied. Unsupported opening cash and banking entries without a direct nexus did not establish the source or genuineness of the investment. Likewise, creditor identity and bank receipt alone did not prove a refundable property advance where the agreement, cancellation and cash repayment were undocumented. The challenged additions were sustained.
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TaxTMI 
TaxTMI 
of 4936 
