NFAC Overlooks Binding Precedent, Applies Non-Jurisdictional Ruling, Denies Assessee Benefits Despite Board's Notification.

NFAC Overlooks Binding Precedent, Applies Non-Jurisdictional Ruling, Denies Assessee Benefits Despite Board's Notification. https://www.taxtmi.com/highlights?id=58384 Appellate order as passed by National Faceless Appeal Centre - NFAC - the centralizedNFAC have chooses to contemptuously ignore the binding precedent of Jurisdictional High Court and have applied the non-jurisdictional High Court decision to deprive the assessee from the benefit of the judicial High Court decision. - A good intentioned and well thought notification issued by the Board for NFAC, is not yielding the desired result on account of incorrect application of law. - AT en-us Wed, 16 Jun 2021 13:18:31 +0530 Wed, 16 Jun 2021 13:18:31 +0530 TaxTMI RSS Generator NFAC Overlooks Binding Precedent, Applies Non-Jurisdictional Ruling, Denies Assessee Benefits Despite Board's Notification. https://www.taxtmi.com/highlights?id=58384 Appellate order as passed by National Faceless Appeal Centre - NFAC - the centralizedNFAC have chooses to contemptuously ignore the binding precedent of Jurisdictional High Court and have applied the non-jurisdictional High Court decision to deprive the assessee from the benefit of the judicial High Court decision. - A good intentioned and well thought notification issued by the Board for NFAC, is not yielding the desired result on account of incorrect application of law. - AT Highlights Income Tax Wed, 16 Jun 2021 13:18:31 +0530 https://www.taxtmi.com/highlights?id=58384