AO Cannot Apply Section 115BBE Without Initially Invoking Section 69 in Assessment Order u/s 143(3).

AO Cannot Apply Section 115BBE Without Initially Invoking Section 69 in Assessment Order u/s 143(3). https://www.taxtmi.com/highlights?id=53771 Rectification u/s 154 - Rate of tax u/s 115BBE on undisclosed investment - AO has not invoked the provisions of section 69 at first place while passing the assessment order u/s 143(3), therefore, the provisions of section 115BBE which are contingent on satisfaction of requirements of section 69 cannot be independently applied by invoking the provisions of section 154 en-us Sat, 20 Jun 2020 07:07:26 +0530 Sat, 20 Jun 2020 07:07:26 +0530 TaxTMI RSS Generator AO Cannot Apply Section 115BBE Without Initially Invoking Section 69 in Assessment Order u/s 143(3). https://www.taxtmi.com/highlights?id=53771 Rectification u/s 154 - Rate of tax u/s 115BBE on undisclosed investment - AO has not invoked the provisions of section 69 at first place while passing the assessment order u/s 143(3), therefore, the provisions of section 115BBE which are contingent on satisfaction of requirements of section 69 cannot be independently applied by invoking the provisions of section 154 Highlights Income Tax Sat, 20 Jun 2020 07:07:26 +0530 https://www.taxtmi.com/highlights?id=53771