Political contribution deductions require genuine transactions; banking records and party registration alone cannot defeat evidence of accommodation e...
Post-death GST liability permits fresh proceedings against legal representatives, while discontinued-business recovery remains limited to the inherite...
Non-confirmation of FEMA seizure prevents adjudicators from overriding pending appellate findings on recorded reasons and suspected foreign asset hold...
Reopening of assessment u/s 147 - Notice u/s 148 cannot be issued for verification of information, but here the jurisdictional satisfaction of the essential requirement has to be shown that there has been ‘reason to believe’ that there was income ‘chargeable to tax’ - reasons must be self-speaking and self-defending - reasons recorded by the AO, are no reasons in the eye of law for assuming jurisdiction
Reopening of assessment u/s 147 - Notice u/s 148 cannot be issued for verification of information, but here the jurisdictional satisfaction of the essential requirement has to be shown that there has been ‘reason to believe’ that there was income ‘chargeable to tax’ - reasons must be self-speaking and self-defending - reasons recorded by the AO, are no reasons in the eye of law for assuming jurisdiction
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
