Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

2023 (1) TMI 1255

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... in fact, filed a return. AO, after examining the matter, concluded that the taxable income declared by the petitioner while filing the return, which was pegged at Rs.1,96,430/- is in order and, accordingly, accepted the same. Resultantly, there is no tax liability foisted on the petitioner.Therefore, in our view, this writ petition need not progress further. Accordingly, the interim orde .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... pursuance thereof. 2. The record shows that on 11.12.2019, while issuing notice in the writ petition, the court had permitted the respondents/revenue to continue with the proceedings, albeit with a caveat that if any final order is passed, the same shall not be given effect to. 2.1 Since then, a counter-affidavit has been filed on behalf of the respondents/revenue. Along with the counter- .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... The AO, after examining the matter, concluded that the taxable income declared by the petitioner while filing the return, which was pegged at Rs.1,96,430/- is in order and, accordingly, accepted the same. 6. Resultantly, there is no tax liability foisted on the petitioner. Therefore, in our view, this writ petition need not progress further. 6.1. It is ordered accordingly. 7. Accordin .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates