Opportunity to furnish unsecured-loan confirmations is required before reassessment initiation; proceedings require fresh consideration after taxpayer...
Under-reporting on a first reassessment return attracts penalty, while enhanced misreporting penalty requires proof of a statutory misreporting catego...
HC found the Trial Court's proceedings in MISC DJ/3623/2024 without jurisdiction, constituting a patent error on the record. Invoking Article 227 of the Constitution, the HC set aside the Trial Court's order dated 17.01.2025 and all subsequent proceedings. The Court emphasized that a court cannot suo moto confer jurisdiction where it statutorily lacks authority. The petition was allowed, effectively nullifying the Trial Court's actions and ensuring adherence to principles of equity, justice, and legal propriety.
HC found the Trial Court's proceedings in MISC DJ/3623/2024 without jurisdiction, constituting a patent error on the record. Invoking Article 227 of the Constitution, the HC set aside the Trial Court's order dated 17.01.2025 and all subsequent proceedings. The Court emphasized that a court cannot suo moto confer jurisdiction where it statutorily lacks authority. The petition was allowed, effectively nullifying the Trial Court's actions and ensuring adherence to principles of equity, justice, and legal propriety.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4915 
