Infrastructure facility: energy-efficient public lighting held integral to road projects, qualifying the operator as a developer and eligible for dedu...
Fourth Proviso to Section 153A: extended-period inquiry requires a reasonable, material-based satisfaction that escaped income likely exceeds the thre...
Rectification proceedings and assessment dispute concerning a tax demand were addressed by conditioning interim relief on a partial deposit: the taxpayer must deposit 25% of the disputed tax and have no other outstanding tax arrears for the bank attachment to be vacated. The appellate authority is permitted to decide the statutory appeal on merits even if limitation issues exist, provided the appeal is filed within the prescribed period. Failure to comply with the stipulated conditions permits the tax authority to resume recovery as if the petition were dismissed. Writ petition disposed accordingly.
Rectification proceedings and assessment dispute concerning a tax demand were addressed by conditioning interim relief on a partial deposit: the taxpayer must deposit 25% of the disputed tax and have no other outstanding tax arrears for the bank attachment to be vacated. The appellate authority is permitted to decide the statutory appeal on merits even if limitation issues exist, provided the appeal is filed within the prescribed period. Failure to comply with the stipulated conditions permits the tax authority to resume recovery as if the petition were dismissed. Writ petition disposed accordingly.
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