https://www.taxtmi.com/caselaws?id=341639 The Tribunal held that the Assessing Officer's change of the assessee's status from an Association of Persons to a person taxable under section 139(4A) was not in accordance with the law. The AO's unilateral action in enhancing the tax liability was deemed impermissible under section 143(1) of the Income Tax Act. The Tribunal directed the AO to accept the original return, issued a refund to the assessee, and emphasized adherence to statutory provisions in processing income tax returns. en-us Wed, 12 Apr 2017 00:00:00 +0530 Fri, 14 Apr 2017 06:58:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=341639 The Tribunal held that the Assessing Officer's change of the assessee's status from an Association of Persons to a person taxable under section 139(4A) was not in accordance with the law. The AO's unilateral action in enhancing the tax liability was deemed impermissible under section 143(1) of the Income Tax Act. The Tribunal directed the AO to accept the original return, issued a refund to the assessee, and emphasized adherence to statutory provisions in processing income tax returns. Case-Laws Income Tax Wed, 12 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=341639