Since the credits appearing in the balance sheet did not relate ...

Assessing Officer Lacks Authority to Inquire Into Previous Years' Credits on Balance Sheet.

June 13, 2013

Case Laws Income Tax HC

Since the credits appearing in the balance sheet did not relate to or were not availed in the previous year but was old balance of earlier years, no enquiry could have been validly undertaken by the AO regarding these credits. - HC

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Since the credits appearing in the balance sheet did not relate ...

Assessing Officer Lacks Authority to Inquire Into Previous Years' Credits on Balance Sheet.

June 13, 2013

Case Laws Income Tax HC

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