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...
Revision u/s 263 by CIT - difference in guidelines value for plots purchase - Find no merit in this contention of assessee because books of account are not maintained, no such details were ever filed during the course of assessment proceedings. Assessee has himself declared the income on estimated basis. Even AO has also estimated the income on estimated basis so all expenditures if any incurred for the business are deemed to have been allowed. - AT
Revision u/s 263 by CIT - difference in guidelines value for plots purchase - Find no merit in this contention of assessee because books of account are not maintained, no such details were ever filed during the course of assessment proceedings. Assessee has himself declared the income on estimated basis. Even AO has also estimated the income on estimated basis so all expenditures if any incurred for the business are deemed to have been allowed. - AT
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TaxTMI 
TaxTMI 
