Social forestry expenditure requires activity-based classification, limiting book-profit adjustments and preserving penalty relief where normal additi...
Inaccurate-particulars penalties fail where transfer-pricing documentation shows good faith and due diligence, and underlying capital-gains additions ...
Transfer-pricing tolerance for software sub-licensing falls within the services range, eliminating the adjustment and requiring TDS-credit verificatio...
Customs Broker due diligence requires prescribed KYC, not detecting misdeclarations discoverable only through physical examination, defeating licence ...
The case discusses the validity of proceedings against the legal representatives of a deceased assessee when reopening notices in the name of the assessee have expired. The court held that legal representatives have the right to contest proceedings and determine the extent of liability. However, in this case, the respondents failed to follow the provisions of Section 159, leading to the set-aside of the reopening notice against the deceased assessee. The court granted liberty to the Revenue to proceed against the legal heirs if permitted by law.
The case discusses the validity of proceedings against the legal representatives of a deceased assessee when reopening notices in the name of the assessee have expired. The court held that legal representatives have the right to contest proceedings and determine the extent of liability. However, in this case, the respondents failed to follow the provisions of Section 159, leading to the set-aside of the reopening notice against the deceased assessee. The court granted liberty to the Revenue to proceed against the legal heirs if permitted by law.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4891 
