Taxcharcha
Income TaxRecent Case Laws

It is irrelevant whether the assessee is a public sector undertaking. Unless specifically provided under law or intended by necessary implication under specific provisions of law, or held in binding judicial precedents; a public sector undertaking cannot legitimately claim a preferential treatment in determination of its tax liabilities.- ITAT Delhi

M/S ADMACH AUTO LIMITED, ITA NO. 9543/DEL/2019

 

 

 

[docxpresso file=”https://taxcharcha.com/wp-content/uploads/2019/03/ITAT-Delhi-23.03_03.odt” comments=”true” SVG=”true”]

Related posts

The provisions of Section 142(2C) did not preclude the exercise of jurisdiction and authority by the assessing officer to extend time for the submission of the audit report directed under sub-section (2A), without an application by the assessee. We hold and declare that the amendment was intended to remove an ambiguity and is clarificatory in nature – Supreme Court

Team Taxcharcha

Merely recording of the conclusion and not the reasoning makes the order of the CIT(A) invalid and the same transfered back to CIT(A) for fresh adjudication. – ITAT Delhi

Team Taxcharcha

“Reasons to Believe” in GST and what procedure followed during the search was illegal – High Court of Allahabad

Team Taxcharcha