Wednesday, April 15, 2015

[aaykarbhavan] HC lambasts AO for making suo-motu rectification when superior authority had passed order in favour of assessee



HC lambasts AO for making suo-motu rectification when superior authority had passed order in favour of assessee

April 15, 2015[2015] 55 taxmann.com 478 (Allahabad)
IT : Assessing Officer could not pass order suo motu under section 154 levying interest under sections 234B and 234C when superior authority had already passed an order against levy of interest
 
Regards
Prarthana Jalan


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Posted by: Prarthana Jalan <prarthanajalan@ymail.com>


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