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AO justified in initiating reassessment proceedings based on order passed in TP proceedings in earlier A.Y.
Case Law Details
- Case Name
- Sysarris Software (P.) Ltd. Vs. Deputy Commissioner of Income Tax, Circle-12(3) (Karnataka High Court)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- All High Courts, Karnataka High Court
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HIGH COURT OF KARNATAKA
Sysarris Software (P.) Ltd.
Vs.
Deputy Commissioner of Income Tax, Circle-12(3) Bengaluru
AJIT J GUNJAL, J.
W.P. NO. 40221 of 2011 (T-IT)
MARCH 8, 2012
ORDER
1. The petitioner is questioning the initiation of proceedings under Section 148 of the Income-tax Act, 1961 pursuant to Annexure-A.
2. The matter arises in the following manner:
The petitioner claims to be a private limited company incorporated under the provisions of the Companies Act, 1956. It is affiliated to Forma Apps, a company incorporated in United States of America engaged in the business of developmen...
