"13 December 1958" Archive

For Reassessment Issue of notice U/s. 148 is mandatory

Y. Narayana Chetty Vs Income-tax Officer Venkatarama Aiyar (Supreme Court of India)

Y. Narayana Chetty Vs. ITO (Supreme Court) The notice prescribed by section 148 cannot be regarded as a mere procedural requirement. It is only if the said notice is served on the assessee that the ITO would be justified in taking proceedings against the assessee. If no notice is issued or if the notice issued is shown to be invalid, then...

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