Revisional power in block assessment upheld, undisclosed search income sustained, freight suppression addition restored, accrued lorry hire liability ...
Reassessment and fee-for-technical-services classification: reopening upheld, but certain reimbursements and mobilization charges fell outside treaty ...
Section 80P deduction for co-operative societies remains available despite nominal members and housing society status, with limited interest income tr...
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The Delhi High Court issued a Restraint Order on a locker, which the bank objected to due to lack of the official Revocation Order from the Income Tax Department. The Court noted that the Revocation Order dated 17th October, 2012 was served on the bank manager, confirming its authenticity. As the Restraint Order on the locker was revoked by the Income Tax Department, the petitioners are directed to be granted access to their locker. The bank must remove the Restraint Order and allow the petitioners to access their lawful assets.
The Delhi High Court issued a Restraint Order on a locker, which the bank objected to due to lack of the official Revocation Order from the Income Tax Department. The Court noted that the Revocation Order dated 17th October, 2012 was served on the bank manager, confirming its authenticity. As the Restraint Order on the locker was revoked by the Income Tax Department, the petitioners are directed to be granted access to their locker. The bank must remove the Restraint Order and allow the petitioners to access their lawful assets.
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