Adjustments of interest payable to IFCI and sales tax penalty ...
High Court Rules Adjustments on Interest and Sales Tax Penalty u/s 43B Unsustainable in Section 143(1)(a) Case.
February 24, 2016
Case Laws Income Tax HC
Adjustments of interest payable to IFCI and sales tax penalty under section 43B while processing the case under section 143(1)(a) - As the adjustments made by the AO could not be said to be prima facie adjustments, therefore, the additions made in the intimation issued u/s 143(1)(a)were not sustainable - HC
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