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Income Tax - Highlights / Catch Notes

Home Highlights September 2016 Year 2016 This

Though the assessment proceedings U/s 153C are cancelled on ...


Section 153C Proceedings Canceled for Insufficient Satisfaction, No Refund or Adjustment for Taxpayer Deposits Allowed.

September 15, 2016

Case Laws     Income Tax     AT

Though the assessment proceedings U/s 153C are cancelled on account of lack of satisfaction in accordance with law but the assessee is not entitled to refund or adjustment of any amount deposited by him pursuant to the filing of the return of income in response to the notice U/s 153C - AT

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