Change of corporate management after approved resolution plan - writ maintainable; property attachment not 'transfer' under PBPT; Section 32A protecti...
Annuloplasty band classification as implanted therapeutic appliance, not anatomical replacement, resulting in classification under tariff heading for ...
Page of 4819
Press 'Enter' after typing page number.
7121 to 7140 of 96365 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
After a scheme of amalgamation/demerger, the assessee filed a modified return under s.170A to give effect to the scheme, and the AO thereafter completed assessment for the same assessment year, having been furnished particulars including losses and unabsorbed depreciation in the tax audit report. On these facts, the court found a strong prima facie case that a fresh notice under s.143(2) (and consequential s.142(1) notice) for the same year, seeking to reassess income on the basis of the modified return, was impermissible. Consequently, pending final disposal, the revenue was restrained from taking steps pursuant to the impugned notices, including passing any assessment order. - HC
After a scheme of amalgamation/demerger, the assessee filed a modified return under s.170A to give effect to the scheme, and the AO thereafter completed assessment for the same assessment year, having been furnished particulars including losses and unabsorbed depreciation in the tax audit report. On these facts, the court found a strong prima facie case that a fresh notice under s.143(2) (and consequential s.142(1) notice) for the same year, seeking to reassess income on the basis of the modified return, was impermissible. Consequently, pending final disposal, the revenue was restrained from taking steps pursuant to the impugned notices, including passing any assessment order. - HC
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4819 
Join Channel 
