P&H HC: Can Grant Bail to Accused if Trial Not Likely to Conclude Soon  ||  MP HC: Ordinance Extending Period for Bringing No-Confidence Motion Shall Apply Retrospectively  ||  SC: Bar Associations Must Take Lead and Address the Issue of Mental Health  ||  SC: Sessions Court to Order Compensation to Victims of Cases Concerning Bodily Injuries  ||  SC: Limitation Period of 2 Years to be Applicable on Dues Incurred after Enforcement of 2003 Act  ||  J&K HC: Complainant/Dependent to be Heard if Accused files Bail Application Under SC/ST Act  ||  Ker. HC: Even after Constitution of Waqf Tribunal, Civil Court Can Execute Decree Over Waqf Dispute  ||  SC: Person Having Driving Licence for LMV Can Drive Vehicle Less than 7500 Kg  ||  Supreme Court: Section 197(1) of CrPC Will Apply to Cases Under PMLA  ||  SC: Maintainability of Second Complaint Would Depend on How the Earlier Complaint Was Rejected    

ITAT, Delhi: Framing of Reassessment u/s 147 of IT Act against Non-Existing Entity Void Ab-initio - (18 Apr 2022)

DIRECT TAXATION

Income Tax Appellate Tribunal, Delhi has ruled that the re-assessment under section 147 and section 143(3) of the Income Tax Act, 1961 is not sustainable in the eye of law since the same was framed in the name of a non-existing entity.

Tags : INCOME TAX APPELLATE TRIBUNAL   SECTION 147   SECTION 143(3) OF THE INCOME TAX ACT   1961  

Share :        

Disclaimer | Copyright 2024 - All Rights Reserved