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...
Non-communication of a prior court order rendered the subsequent assessment order invalid and was set aside; the assessing officer who issued a draft order is held not at fault due to a communication gap. The transfer pricing officer has supplied relied agreements and the taxpayer is directed to file a reply by the prescribed date, after which the transfer pricing officer must pass a fresh order. All procedural timelines before the transfer pricing officer, assessing officer and dispute resolution panel are extended by sixty days, and the taxpayer is precluded from objecting to that extension.
Non-communication of a prior court order rendered the subsequent assessment order invalid and was set aside; the assessing officer who issued a draft order is held not at fault due to a communication gap. The transfer pricing officer has supplied relied agreements and the taxpayer is directed to file a reply by the prescribed date, after which the transfer pricing officer must pass a fresh order. All procedural timelines before the transfer pricing officer, assessing officer and dispute resolution panel are extended by sixty days, and the taxpayer is precluded from objecting to that extension.
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