Revenue authority mandates using scheme-specific reversal procedures, not revising original entries, for instrument-based trade/customs benefits effec...
Transaction value under s.15(1) governs unrelated sales; valuation between related parties per Rule 28; consignment note required for unregistered rec...
Undisclosed income - even if a date of end of block period was...
Incorrect Block Period Date and Assessee Status Omission in Notices Curable u/s 292-B of Income Tax Act.
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Income TaxJuly 26, 2013Case LawsHC
Undisclosed income - even if a date of end of block period was wrongly mentioned, the provisions of Section 292-B would save the notice - Non mentioning of status of the assessee, would not invalidate the notice, as it was only a mistake, which was curable - HC
Undisclosed income - even if a date of end of block period was wrongly mentioned, the provisions of Section 292-B would save the notice - Non mentioning of status of the assessee, would not invalidate the notice, as it was only a mistake, which was curable - HC
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