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Income Tax - Highlights / Catch Notes

Home Highlights February 2017 Year 2017 This

When the order passed by the TPO was a nullity in law and void ...


Transfer Pricing Officer's Order Void; Assessing Officer's Tax Assessment u/ss 143(3), 147, and 144C Quashed.

February 15, 2017

Case Laws     Income Tax     AT

When the order passed by the TPO was a nullity in law and void ab initio, AO cannot entertain a belief that certain income chargeable to tax had escaped assessment u/s 147 - subsequent order passed by the AO u/s 143(3) r.w.s. 147 and 144C quashed - AT

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