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Income Tax - Highlights / Catch Notes

Home Highlights May 2014 Year 2014 This

Block Assessment - Requirement to record the satisfaction – ...


Recording Satisfaction Essential for Tax Proceedings u/ss 153A & 153C; Similar to Sections 158BC & 158BD.

May 6, 2014

Case Laws     Income Tax     HC

Block Assessment - Requirement to record the satisfaction – Proceeding u/s 153A & 153C versus 158BC, 158BD - The provisions of Section 158BD are pari materia with the provisions of Section 153C - HC

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  10. The Appellate Tribunal held that the assessment orders issued u/s 153C for the assessment years 2011-12 and 2012-13 were beyond the jurisdiction of the Assessing Officer...

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