https://www.taxtmi.com/caselaws?id=287877 The tribunal upheld the CIT's decision in ITA No. 536/Coch/2018, dismissing the appeal and supporting the invocation of section 263. The disallowance of surcharge on sales tax and turnover tax under section 40(a)(iib) was upheld due to the exclusive nature of the levies on the assessee. Similarly, in ITA No. 537/Coch/2018, the tribunal upheld the disallowance of gallonage fee and in another matter, disallowed license fee and shop rental under the same provision. The tribunal emphasized the Assessing Officer's duty to conduct thorough inquiries to protect the revenue's interests. en-us Tue, 12 Mar 2019 00:00:00 +0530 Thu, 07 May 2020 09:07:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=287877 The tribunal upheld the CIT's decision in ITA No. 536/Coch/2018, dismissing the appeal and supporting the invocation of section 263. The disallowance of surcharge on sales tax and turnover tax under section 40(a)(iib) was upheld due to the exclusive nature of the levies on the assessee. Similarly, in ITA No. 537/Coch/2018, the tribunal upheld the disallowance of gallonage fee and in another matter, disallowed license fee and shop rental under the same provision. The tribunal emphasized the Assessing Officer's duty to conduct thorough inquiries to protect the revenue's interests. Case-Laws Income Tax Tue, 12 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=287877