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Income Tax - Highlights / Catch Notes

Home Highlights May 2014 Year 2014 This

Validity of authorization u/s 132A - AO held that there were ...


Assessing Officer Challenges Asset Source Claims u/s 132A; Further Appeals Not Allowed Due to Prior Adjudication.

May 8, 2014

Case Laws     Income Tax     HC

Validity of authorization u/s 132A - AO held that there were inherent contradictions in the stand of the assessee regarding the source of the asset - matter has already tested – any challenge cannot be entertained - HC

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