SC: Delhi HC Can Restrict Senior Advocate Designation to Its Own Retired Judges  ||  Supreme Court: ‘Himachal May Disappear’, Flags Environmental Crisis  ||  Delhi HC: Civil Courts Can Block Foreign Arbitration if it’s Oppressive  ||  Madras HC: No Political Symbols or Leader Photos in Welfare Ads  ||  Bombay HC: Fresh Corruption Trial Allowed After Valid Sanction  ||  Calcutta HC: Compromise Scheme Under Companies Act Overrides SARFAESI  ||  SC: Authority Imposing Minor Penalty Can Initiate Major Penalty Charges  ||  SC Slams HC for 2-Year Bail Delay, Calls for Sensitivity in Liberty Cases  ||  SC: Recalls Judgment in Bhushan Steel Case Citing Injustice Under Art. 142  ||  HP HC: No Detention Merely for Suspected Heroin in Blood    

SC: Return Filed Without Regular Books of Account May be Defective but Not Invalid - (25 Jan 2024)

DIRECT TAXATION

Supreme Court has held that tax return filed without regular books of account by assessee is defective but not invalid and the burden to inform the assessee about the defects that may be cured is upon the Assessing Officer.

Tags : SUPREME COURT   TAX RETURN   BOOKS OF ACCOUNT   ASSESSING OFFICER  

Share :        

Disclaimer | Copyright 2025 - All Rights Reserved