Acceptance of letters without acknowledgment is unacceptable: HC

Brief of the case : The Hon’ble Bombay High court in the case of Piramal Fund Management Pvt. Ltd. vs. DCIT held that income tax officer to whom an application is made should give an acknowledgment of having received and accepted the application on face if the same is found in prescribed manner with prescribed details. Not giving acknowledgment even after accepting the application is unacceptable conduct on the part of officer.  Facts of the case: The Assessing Officer for the Assessment Year 2012-13 had by order dated 19th January, 2016 raised a demand of Rs.52.08 crores. Assessee (Pe...