Tuesday, July 28, 2020

AO not justified when the reasons for initiation of proceedings Seized to Survive: ITAT [Read Order]

The Income Tax Appellate Tribunal (ITAT), Delhi Bench held that the AO exceeded his jurisdiction in reassessing issues other than the issues in respect of which the proceedings are initiated and reasons for the initiation of those proceedings cease to survive. The assessee, Raj Bala is an individual and filed her return of income declaring […]

from Taxscan | Simplifying Tax Laws https://ift.tt/3181i1J

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