<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>High Court overturns rejection of rectification u/s 154; reassessment ordered for tax liability u/s 143(1).</title>
    <link>https://www.taxtmi.com/highlights?id=65871</link>
    <description>Rectification of mistake u/s 154 - Income deemed to accrue or arise in India - The order of rejection of the application u/s 154 issued by the Centralised Processing Centre (CPC), Bangalore are quashed. Consequently, the order passed by the Assessing Officer computed the tax liability as per the intimation u/s 143 (1) and the assessment stands restored to the file of the AO - HC</description>
    <language>en-us</language>
    <pubDate>Thu, 29 Sep 2022 18:40:23 +0530</pubDate>
    <lastBuildDate>Thu, 29 Sep 2022 18:40:23 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=692185" rel="self" type="application/rss+xml"/>
    <item>
      <title>High Court overturns rejection of rectification u/s 154; reassessment ordered for tax liability u/s 143(1).</title>
      <link>https://www.taxtmi.com/highlights?id=65871</link>
      <description>Rectification of mistake u/s 154 - Income deemed to accrue or arise in India - The order of rejection of the application u/s 154 issued by the Centralised Processing Centre (CPC), Bangalore are quashed. Consequently, the order passed by the Assessing Officer computed the tax liability as per the intimation u/s 143 (1) and the assessment stands restored to the file of the AO - HC</description>
      <category>Highlights</category>
      <law>Income Tax</law>
      <pubDate>Thu, 29 Sep 2022 18:40:23 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/highlights?id=65871</guid>
    </item>
  </channel>
</rss>