Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 2014 (4) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2014 (4) TMI 402 - GUJARAT HIGH COURTValidity of AO’s action - Demand to submit 100% tax by the AO – Appeal pending before the CIT(A) – Held that:- Part of the addition made by the AO is not agreed to by the CIT (A) in the earlier years - only to keep the issue alive, the AO has made the additions - Rest of the additions are disputed by the assessee and similar issues for earlier years are pending before the Tribunal - the discretion lies with the AO to impose such conditions, as found justified in the facts of the case – the discretion was not governed by the fact whether the assessee agreed to deposit a certain percentage of the tax demand or not - The AO had to decide independently whether and to what extent relief was justified – thus, the assessee shall deposit 50% of the tax demand before the authorities – also, the Tribunal decides the tax appeals concerning the assessee for the earlier years – decided partly in favour of Assessee.
|