After the petitioner exercised option for application of safe ...

Safe Harbour Rules Valid: Assessing Officer Didn't Invalidate Petitioner's Option u/r 10THC, Deemed Valid Per Rules 10THD(7)-(8).

May 21, 2018

Case Laws Income Tax HC

After the petitioner exercised option for application of safe harbour rules in accordance with the provisions of rule 10THC the Assessing Officer passed no order under subrule (4) of rule 10THD declaring that the exercising of option was invalid. In terms of subrule (7) and subrule(8) of the said rule, therefore, the option exercised by the assessee would be treated as valid. - HC

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After the petitioner exercised option for application of safe ...

Safe Harbour Rules Valid: Assessing Officer Didn't Invalidate Petitioner's Option u/r 10THC, Deemed Valid Per Rules 10THD(7)-(8).

May 21, 2018

Case Laws Income Tax HC

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