Functional comparability governs selection of support-service and IT-enabled service comparables, with verification required for unresolved data and m...
Bank account freezing requires statutory authority; anti-money-laundering compliance and KYC monitoring do not permit unilateral indefinite restrictio...
HC invalidated the assessment proceedings due to procedural irregularity in issuing show cause notice. The notice was served with insufficient response time, specifically less than the mandated 7-day period under Section 144 read with Section 144B. The court set aside the impugned assessment order and related notices, directing the respondent to recommence proceedings from the show cause notice stage, ensuring strict compliance with statutory timelines and principles of natural justice.
HC invalidated the assessment proceedings due to procedural irregularity in issuing show cause notice. The notice was served with insufficient response time, specifically less than the mandated 7-day period under Section 144 read with Section 144B. The court set aside the impugned assessment order and related notices, directing the respondent to recommence proceedings from the show cause notice stage, ensuring strict compliance with statutory timelines and principles of natural justice.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
