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...
Best judgment Assessment u/s 144 read with section 147 - non issuance of notice u/s 143(2) - Once the language of the statute is plain, simple, clear and unambiguous, full effect is to be given, and no part could be held to be surplus, as Parliament was fully aware while enacting law. Thus, we reject this contention of the assessee that reassessment is bad in law owing to non issuance of notice u/s 143(2). - AT
Best judgment Assessment u/s 144 read with section 147 - non issuance of notice u/s 143(2) - Once the language of the statute is plain, simple, clear and unambiguous, full effect is to be given, and no part could be held to be surplus, as Parliament was fully aware while enacting law. Thus, we reject this contention of the assessee that reassessment is bad in law owing to non issuance of notice u/s 143(2). - AT
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
