Political contribution deductions require genuine transactions; banking records and party registration alone cannot defeat evidence of accommodation e...
Post-death GST liability permits fresh proceedings against legal representatives, while discontinued-business recovery remains limited to the inherite...
Non-confirmation of FEMA seizure prevents adjudicators from overriding pending appellate findings on recorded reasons and suspected foreign asset hold...
The ITAT quashed the assessment framed by the AO under section 143(3) as being void ab initio because it was predicated on a notice issued under section 143(2) that did not conform to the CBDT-prescribed format. Relying on relevant precedents, the Tribunal held the defective 143(2) notice-specifying only "computer aided scrutiny selection" without indicating limited or complete scrutiny or mandatory manual review-vitiated the consequent assessment proceedings. The appellate order allows the assessee's additional ground, sets aside the assessment dated 30.12.2019, and directs that any future proceedings comply strictly with statutory and CBDT procedural requirements.
The ITAT quashed the assessment framed by the AO under section 143(3) as being void ab initio because it was predicated on a notice issued under section 143(2) that did not conform to the CBDT-prescribed format. Relying on relevant precedents, the Tribunal held the defective 143(2) notice-specifying only "computer aided scrutiny selection" without indicating limited or complete scrutiny or mandatory manual review-vitiated the consequent assessment proceedings. The appellate order allows the assessee's additional ground, sets aside the assessment dated 30.12.2019, and directs that any future proceedings comply strictly with statutory and CBDT procedural requirements.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
