Faceless assessment and registration procedures are updated through electronic communication, revised recovery rules, extended deadlines, and replacem...
Risk-based selective vessel boarding requires accurate declarations and preserves master and agent liability where physical inspections are not select...
Permanent-establishment reassessment cannot revisit scrutinised disclosures; extended reopening fails without undisclosed material facts and within st...
Wealth tax assessment - Period of limitation - Order was passed beyond period of one year as required u/s 17A(2) of the WT Act, and consequently the penalty proceedings initiated u/s 18(1)(c) - Wealth Tax Officer will have to consider this issue as well - The question cannot be answered in favour of the appellant, at this stage, as raised.
Wealth tax assessment - Period of limitation - Order was passed beyond period of one year as required u/s 17A(2) of the WT Act, and consequently the penalty proceedings initiated u/s 18(1)(c) - Wealth Tax Officer will have to consider this issue as well - The question cannot be answered in favour of the appellant, at this stage, as raised.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
