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AO couldn’t proceed with reassessment without disposing of objections of assessee which went to root of matter
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Corporate Tax
AO couldn’t proceed with reassessment without disposing of objections of assessee which went to root of matter
Posted on
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August 13, 2015
Tenet Tax Daily August 12 2015
By
tenettax-team
Corporate Tax
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AO gets flak from ITAT for reducing grant from cost of fixed assets without considering provisions of sec. 43(1)
No reassessment by AO on change of opinion that profit from share dealings was taxable as business income