Functional comparability under TNMM requires highway contract benchmarks to reflect operation, maintenance and transfer activities, requiring fresh be...
Objective characteristics govern magnesium bis-glycinate chelate classification as an amino-acid coordination compound, not a food preparation or anti...
Independent professional certification requires pleaded knowledge or complicity for criminal liability; untimely complaints remain barred by limitatio...
The CIT(A) has wide powers akin to reassessment. Once an assessment order is before CIT(A), its powers are not restricted to examining only grievances raised by the assessee but extend to the entire assessment to correct the AO. Under sec 250(4), CIT(A) can make further enquiries, fresh assessments and determine tax payability. Even if AO concluded income is non-taxable, CIT(A) can take a different view and bring that income to tax. Relying on Supreme Court decisions, ITAT held that the appellate authority has all original authority's powers, subject to statutory restrictions. Allowing the appeal for statistical purposes, ITAT emphasised the need for thorough and compliant adjudication.
The CIT(A) has wide powers akin to reassessment. Once an assessment order is before CIT(A), its powers are not restricted to examining only grievances raised by the assessee but extend to the entire assessment to correct the AO. Under sec 250(4), CIT(A) can make further enquiries, fresh assessments and determine tax payability. Even if AO concluded income is non-taxable, CIT(A) can take a different view and bring that income to tax. Relying on Supreme Court decisions, ITAT held that the appellate authority has all original authority's powers, subject to statutory restrictions. Allowing the appeal for statistical purposes, ITAT emphasised the need for thorough and compliant adjudication.
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