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CIT(A) has inherent power to grant stay on demand if appeal is pending before him, says ITAT
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Corporate Tax
CIT(A) has inherent power to grant stay on demand if appeal is pending before him, says ITAT
Posted on
on
June 26, 2015
Tenet Tax Daily June 25 2015
By
tenettax-team
Corporate Tax
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Assessing Officer could not arbitrarily reject assessee’s claim for depreciation on purchase of windmills taking a view that cost of said windmills had been inflated
Order of Commissioner (Appeals) arriving at a conclusion that provisions of article 5 of DTAA of Indo-Netherland were not applicable without discussing actual work done by assessee required readjudication
