Search and seizure: abatement of earlier search bars use of prior seized material in later search-based assessments; relief limited to new documents f...
Admission of additional evidence under remand rules must await a meaningful remand report; failure to do so breaches natural justice and mandates rema...
Export Obligation Discharge Certificates for EPCG compliance cannot be questioned by Customs unless DGFT adjudicates and cancels them, so demands quas...
Page of 4811
Press 'Enter' after typing page number.
6561 to 6580 of 96208 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
Interplay between limitation for final assessment under section...
Limitation for final assessment under sections 144C and 153 treated jointly, resulting in quashing of timebarred assessment order and liberty to revive appeal
Contents
Summary
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
Interplay between limitation for final assessment under section 144C(13) and section 153 was considered, and the tribunal applied binding precedent to treat limitation as governed by section 153 read with section 144C; consequence: the final assessment order for the stated year was held timebarred and quashed. The tribunal followed prior High Court and ITAT decisions endorsing mutual inclusion of the two provisions and cited a pending Supreme Court reference; consequence: parties are granted liberty to revive the appeal for merits if the higher court's ultimate ruling requires modification of this order.
Interplay between limitation for final assessment under section 144C(13) and section 153 was considered, and the tribunal applied binding precedent to treat limitation as governed by section 153 read with section 144C; consequence: the final assessment order for the stated year was held timebarred and quashed. The tribunal followed prior High Court and ITAT decisions endorsing mutual inclusion of the two provisions and cited a pending Supreme Court reference; consequence: parties are granted liberty to revive the appeal for merits if the higher court's ultimate ruling requires modification of this order.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4811 
Join Channel 
