Form 26AS evidence requires successor-entity accounting verification after business transfer, while invoice-supported related-party advertising expend...
Money-laundering judgment timing requires awaiting the scheduled-offence decision despite continuation of the underlying trial where outcomes directly...
Accredited investor eligibility expands through securities-market exposure, while alternative investment fund disputes require prescribed resolution a...
Page of 4916
Press 'Enter' after typing page number.
41 to 60 of 98302 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
The notice u/s 143(2) of the Income Tax Act was issued on 15.10.2013, beyond the prescribed time limit of six months from the end of the assessment year, i.e., 30.9.2013. The assessee failed to challenge the validity of the notice before the Assessing Officer and Commissioner of Income Tax (Appeals). The Income Tax Appellate Tribunal held that the initiation of proceedings and jurisdiction invoked by the Assessing Officer suffered from infirmity as the notice u/s 143(2) was issued beyond the statutory time limit. Consequently, the Tribunal ruled the impugned assessment order as invalid, rendering the issues raised on merits academic and not requiring adjudication.
The notice u/s 143(2) of the Income Tax Act was issued on 15.10.2013, beyond the prescribed time limit of six months from the end of the assessment year, i.e., 30.9.2013. The assessee failed to challenge the validity of the notice before the Assessing Officer and Commissioner of Income Tax (Appeals). The Income Tax Appellate Tribunal held that the initiation of proceedings and jurisdiction invoked by the Assessing Officer suffered from infirmity as the notice u/s 143(2) was issued beyond the statutory time limit. Consequently, the Tribunal ruled the impugned assessment order as invalid, rendering the issues raised on merits academic and not requiring adjudication.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4916 
