Jurisdictional facts in certificate-of-origin discrepancies can support customs show-cause proceedings, leaving factual explanations for departmental ...
Market value for captive electricity consumption follows industrial consumer tariffs, supporting profit computation for the power generation deduction...
Reopening of assessment u/s 147 against non-existing entity - scheme of the amalgamation and arrangement approved - The High Court acknowledges the petitioner's argument regarding the issuance of notices and assessment orders to a non-existent entity. It finds that the reassessment orders and notices cannot be sustained due to this fundamental flaw. As a result, the court quashes and sets aside the reassessment orders and notices. - The court observes that the reassessment orders failed to consider the legal consequences of the approved scheme of amalgamation and arrangement. - Consequently, the court quashed and set aside the reassessment orders and notices.
Reopening of assessment u/s 147 against non-existing entity - scheme of the amalgamation and arrangement approved - The High Court acknowledges the petitioner's argument regarding the issuance of notices and assessment orders to a non-existent entity. It finds that the reassessment orders and notices cannot be sustained due to this fundamental flaw. As a result, the court quashes and sets aside the reassessment orders and notices. - The court observes that the reassessment orders failed to consider the legal consequences of the approved scheme of amalgamation and arrangement. - Consequently, the court quashed and set aside the reassessment orders and notices.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4807 
Join Channel 
