The Delhi bench of the Income Tax Appellate Tribunal (ITAT) has recently held that no obligation can be imposed on the assessee to pay advance tax if he alleges that his income is not taxable under the provisions of the Income Tax Act, 1961. Based on the AIR information, the assessing officer had re-opened the […]
The post No Obligation to pay Advance Tax if Assesses denies his Income Tax Liability: ITAT [Read Order] appeared first on Taxscan | Simplifying Tax Laws.
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