Stamp valuation increases after registration-fee payment led to deletion of property-purchase addition within tolerance and without valuation referral...
Capital Asset Conversion Requires Proven Business Stock Treatment; Paper Consideration in Spousal Flat Transfers Does Not Create Taxable Business Inco...
Human-probability test defeats political donation deduction where banking records mask accommodation-entry fund layering and evidence shows non-genuin...
Page of 4886
Press 'Enter' after typing page number.
441 to 460 of 97714 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
ITAT held that the Addl./JCIT(A) erred in computing a delay of 4209 days from 28.01.2012, as there was no evidence that the intimation u/s 143(1) or any demand/recovery notice was ever served on Assessee X. ITAT observed that processing on 28.01.2012 could not have been pursuant to CBDT Circular No.13/2016 and, in absence of proof of service, concluded that limitation could not run from that date. Consequently, dismissal of the appeal on limitation without examining merits was held unsustainable. On the substantive issue of status change from "any other AOP" to "LLP" without opportunity, the matter was remanded to the Jurisdictional AO to re-examine the correct status after hearing Assessee X. Appeal allowed for statistical purposes.
ITAT held that the Addl./JCIT(A) erred in computing a delay of 4209 days from 28.01.2012, as there was no evidence that the intimation u/s 143(1) or any demand/recovery notice was ever served on Assessee X. ITAT observed that processing on 28.01.2012 could not have been pursuant to CBDT Circular No.13/2016 and, in absence of proof of service, concluded that limitation could not run from that date. Consequently, dismissal of the appeal on limitation without examining merits was held unsustainable. On the substantive issue of status change from "any other AOP" to "LLP" without opportunity, the matter was remanded to the Jurisdictional AO to re-examine the correct status after hearing Assessee X. Appeal allowed for statistical purposes.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4886 
