https://www.taxtmi.com/caselaws?id=28054 The High Court of Punjab and Haryana ruled that an assessment made based on an unverified income tax return is invalid. The court emphasized the importance of verifying returns under statutory provisions, stating that an unverified return cannot be the basis for a valid assessment. The court held that a return lacking verification does not meet essential requirements, rendering it invalid and unable to be used for assessment purposes. The decision favored the assessee, with no costs awarded. en-us Fri, 30 Mar 1984 00:00:00 +0530 Wed, 17 Feb 2010 17:08:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=28054 The High Court of Punjab and Haryana ruled that an assessment made based on an unverified income tax return is invalid. The court emphasized the importance of verifying returns under statutory provisions, stating that an unverified return cannot be the basis for a valid assessment. The court held that a return lacking verification does not meet essential requirements, rendering it invalid and unable to be used for assessment purposes. The decision favored the assessee, with no costs awarded. Case-Laws Income Tax Fri, 30 Mar 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=28054