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Income Tax - Highlights / Catch Notes

Home Highlights March 2014 Year 2014 This

Default made by the revenue in compliance with the procedure in ...


Court Rules Procedural Default by Revenue Doesn't Exempt Assessee from Capital Gains Tax Payment Obligation.

March 7, 2014

Case Laws     Income Tax     HC

Default made by the revenue in compliance with the procedure in place for service of the assessee ipsofacto, is not a circumstance to let the assessee go scot free from the taxation regime when his liability of payment of capital gain tax is not questioned - HC

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