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AO gets flak from ITAT for reducing grant from cost of fixed assets without considering provisions of sec. 43(1)
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Corporate Tax
AO gets flak from ITAT for reducing grant from cost of fixed assets without considering provisions of sec. 43(1)
Posted on
on
August 11, 2015
Tenet Tax Daily August 11 2015
By
tenettax-team
Corporate Tax
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Failure of AO to furnish acknowledgement of service of notice leads to quashing of assessment
AO couldn’t proceed with reassessment without disposing of objections of assessee which went to root of matter