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...
Validity of reopening of assessment u/s 147 - no notice u/s 143(2) of the Act was issued by the AO for taking case under scrutiny - The Tribunal meticulously examined the issues raised by the assessee, including the validity of the reassessment and the addition to income. It delved into legal precedents and statutory provisions to arrive at a decision. Ultimately, the Tribunal found a jurisdictional defect in the reassessment proceedings, rendering them invalid. Consequently, the entire reassessment process was quashed, and the orders of the lower authorities were set aside.
Validity of reopening of assessment u/s 147 - no notice u/s 143(2) of the Act was issued by the AO for taking case under scrutiny - The Tribunal meticulously examined the issues raised by the assessee, including the validity of the reassessment and the addition to income. It delved into legal precedents and statutory provisions to arrive at a decision. Ultimately, the Tribunal found a jurisdictional defect in the reassessment proceedings, rendering them invalid. Consequently, the entire reassessment process was quashed, and the orders of the lower authorities were set aside.
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TaxTMI 
TaxTMI 
