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Income Tax - Highlights / Catch Notes

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Assessment u/s 158BC / 158BD - No satisfaction note has been ...


Income Tax Assessment Proceedings Invalid Due to Backdated Satisfaction Note u/s 158BD Quashed.

June 25, 2018

Case Laws     Income Tax     AT

Assessment u/s 158BC / 158BD - No satisfaction note has been recorded on the date of issue of notice under section 158BD - The satisfaction note supplied to the assessee on 27.01.2006 is thus, anti-dated - the proceedings u/s 158BD held to be invalid and quashed.

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