Service of notice and contractual debt acknowledgment preserved insolvency admission against a corporate guarantor despite limitation and natural just...
Original works exemption excludes standalone boulder transportation, leaving subcontracted railway-project transport services subject to service tax l...
Annual production capacity determinations excluding stenter galleries support refunds for unconstitutional excise levies without an unjust-enrichment ...
Vicarious liability for cheque dishonour requires specific allegations of responsibility and cheque signatory; generic director allegations cannot sus...
IT Resilience Index requires market infrastructure institutions to automate resilience scoring, early warnings, and continuous service-delivery monito...
HC held that under Sections 292B and 292BB of the Income Tax Act, the assessee cannot challenge the validity of a notice u/s 143(2) or assessment order u/s 143(3) after appearing in proceedings without raising objections. The procedural defect of not issuing notice by DCIT does not invalidate the assessment, as the notice substantially conforms to the Act's intent. The ITAT's order interfering with the assessment was set aside, affirming the tax authorities' jurisdiction and the assessment's legal validity.
HC held that under Sections 292B and 292BB of the Income Tax Act, the assessee cannot challenge the validity of a notice u/s 143(2) or assessment order u/s 143(3) after appearing in proceedings without raising objections. The procedural defect of not issuing notice by DCIT does not invalidate the assessment, as the notice substantially conforms to the Act's intent. The ITAT's order interfering with the assessment was set aside, affirming the tax authorities' jurisdiction and the assessment's legal validity.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
