Prior Sanction Requirement: absence of prescribed approval invalidates reassessment notice; limitation also bars notice if escaped income below thresh...
Eligibility for exemption depends on strict construction of the product description; reapers without binder are ineligible, but confiscation and penal...
Customs jurisdiction defined for Principal Commissioner, Vishakhapatnam, covering specified ports, districts and India's adjacent EEZ; effective on pu...
TDS credit claims not reflected in Form 26AS require AO verification before allowance; the appellate direction permitting credit where Form 26AS shows TDS, or where the assessee produces evidence plus an indemnity bond, is valid only if the AO conducts necessary verification. The Tribunal found CIT(A) did not mandate unconditional credit but correctly required verification and therefore dismissed Revenue's challenge and the assessee's cross-objection, upholding that credits may be allowed after the AO's appropriate verification.
TDS credit claims not reflected in Form 26AS require AO verification before allowance; the appellate direction permitting credit where Form 26AS shows TDS, or where the assessee produces evidence plus an indemnity bond, is valid only if the AO conducts necessary verification. The Tribunal found CIT(A) did not mandate unconditional credit but correctly required verification and therefore dismissed Revenue's challenge and the assessee's cross-objection, upholding that credits may be allowed after the AO's appropriate verification.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4805
Join Channel
TaxTMI 
