Tuesday, July 30, 2019

Contention that No Consideration was received from Transaction can’t be a Reason to waive Pre-Deposit: Bombay HC [Read Order]

The Bombay High Court has held that the assessees’ contention that he received no consideration and no tax could have been demanded from him is a subject matter of the Appeal proceedings and cannot be a ground for lifting the rigour of the requirement of deposit of 20% of the disputed tax pending appeal. Re-assessment […]

The post Contention that No Consideration was received from Transaction can’t be a Reason to waive Pre-Deposit: Bombay HC [Read Order] appeared first on Taxscan | Simplifying Tax Laws.



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