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Income Tax - Highlights / Catch Notes

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HC rejected petitioner's attempt to belatedly amend appeal memo ...


High Court denies late amendment to appeal memo, allows 100% computation for disputed tax Hashtags.

January 10, 2025

Case Laws     Income Tax     HC

HC rejected petitioner's attempt to belatedly amend appeal memo to include addition u/s 68 for benefits under DTVSV Act as petitioner had conceded and paid tax on such addition without demur. However, HC allowed petitioner's contention that computation should be at 100% of disputed tax instead of 125% as it was a non-search case, directing respondents to issue revised Form-3 within 30 days along with consequential benefits.

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