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Income Tax - Highlights / Catch Notes

Home Highlights November 2016 Year 2016 This

Scoped of inquiry/scrutiny made by AO - It is undoubtedly ...


Assessing Officer Must Follow Legal Fiction to Logical Conclusion in Tax Matters for Consistent Analysis.

November 14, 2016

Case Laws     Income Tax     HC

Scoped of inquiry/scrutiny made by AO - It is undoubtedly aphorism that a legal fiction ought to be taken to its logical conclusion and the mind should not be allowed to boggle. This merely implies that a fiction should logically take a direction; the train of thought however cannot divert elsewhere. - HC

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