Vicarious liability for dishonoured company cheques may extend to non-signatory directors where complaints contain foundational responsibility avermen...
Charitable registration turns on predominant purpose and genuine activities, while incidental fees and related-party rent require supporting adverse m...
MAT book-profit adjustments exclude disallowances for exempt-income expenditure and demerger expenditure unless expressly listed under the statutory c...
ITAT held the assessment void for want of jurisdiction because notice under s.143(2) was never served on the assessee (notice returned undelivered and no subsequent notice issued before the cut-off). The Tribunal rejected reliance on service by speed post where actual service did not occur and found the proviso to s.292BB inapplicable, thereby negating any deemed service under the main limb of s.292BB. Consequently the assessment completed without a jurisdictional s.143(2) notice was set aside and the appeal by the assessee was allowed, with the assessment nullified for lack of jurisdiction.
ITAT held the assessment void for want of jurisdiction because notice under s.143(2) was never served on the assessee (notice returned undelivered and no subsequent notice issued before the cut-off). The Tribunal rejected reliance on service by speed post where actual service did not occur and found the proviso to s.292BB inapplicable, thereby negating any deemed service under the main limb of s.292BB. Consequently the assessment completed without a jurisdictional s.143(2) notice was set aside and the appeal by the assessee was allowed, with the assessment nullified for lack of jurisdiction.
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