https://www.taxtmi.com/caselaws?id=337240 The court held that the issuance of a notice under Section 153A of the Income Tax Act does not abate the tax liability declared in the original self-assessment return. The petitioner was found liable for the outstanding tax and faced prosecution under Section 276C(2) for willful evasion of tax payment. The court clarified that only pending assessments abate under Section 153A, while completed assessments, including self-assessment returns, remain enforceable. The interpretation emphasized the statutory provisions and dismissed the petitioner's argument regarding abatement of tax liability. en-us Fri, 16 Dec 2016 00:00:00 +0530 Thu, 05 Jan 2017 09:13:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=337240 The court held that the issuance of a notice under Section 153A of the Income Tax Act does not abate the tax liability declared in the original self-assessment return. The petitioner was found liable for the outstanding tax and faced prosecution under Section 276C(2) for willful evasion of tax payment. The court clarified that only pending assessments abate under Section 153A, while completed assessments, including self-assessment returns, remain enforceable. The interpretation emphasized the statutory provisions and dismissed the petitioner's argument regarding abatement of tax liability. Case-Laws Income Tax Fri, 16 Dec 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=337240